As younger generations are set to inherit "significant" wealth in the coming years, advisers need to understand how to attract those new clients and adapt their business models accordingly, says US-based consultancy Pershing. Here are four lessons from across the pond
In recent research BNY Mellon's Pershing, the US-based financial business solutions firm, found the number of Gen X, Y and Z clients with investable assets of $5-25m had risen from 1,210,000 in 2015 to...
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till