There is a certain level of detail advisers and clients must get right in order to avoid some of the regular problems which can impact how an intergenerational wealth plan is put in place
Getting the right intergenerational wealth strategy in place can help you retain clients and grow your business – and sometimes you need to look to the youngest generations to add the most value.
The industry has successfully guided baby boomers to retirement. But their children think and act very differently. Without an intergenerational strategy there could be a rapid decline in clients and AUM.