Tag: Cerulli study
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Few heirs keep their parents’ wealth advisors, Cerulli study finds
Most heirs likely to retain some form of wealth guidance As the wealth transfer wave looms, a Cerulli Associates study reveals a nuanced picture: while more than $120 trillion is expected to pass from current owners to the next generation over the next 25 years, only a minority plan to keep their benefactors’ wealth advisors.…
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Few Heirs Keep Their Parents’ Wealth Advisors, Cerulli Study Finds
Generational wealth transfer curves to trillions, but advisor retention remains limited Over the next 25 years, more than $120 trillion in wealth will pass from one generation to the next. A Cerulli Associates study sheds light on a pivotal question for ultra-wealth clients, their heirs, and the professionals who guide them: will heirs keep the…
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Few heirs keep their parents’ wealth advisors, Cerulli finds
Most heirs retain, not replace, the family wealth advisor As Baby Boomers and their successors prepare for a generational wealth transfer, a Cerulli Associates study sheds light on how inheritors plan to manage, or reshape, the advisory relationships they inherit. Over the next 25 years, more than $120 trillion is expected to flow to heirs,…