Intergenerational transfers: 1.2 million older clients predict children will change advisers

Data from Boring Money showed that just one in five advised clients aged 65 and above felt confident that their children would remain with their current financial adviser when they inherit family wealth. Published today, Boring Money's latest report, Advised Investors – Acquisition and Retention, examined the future growth in the advice market, digging into both acquisition and retention, looking at key drivers including advised client satisfaction, intergenerational transfer and the potential impact of targeted support. Older advised clients were significantly less confident about th...