Tag: high-net-worth
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Wealthy Singaporeans Lead the $5 Million+ Luxury Home Surge
Overview: A Shift in Singapore’s Luxury Market Singapore’s luxury residential scene is evolving as wealthy local buyers increasingly capture the lion’s share of transactions priced at $5 million and above. While foreign buyers still participate, they remain a smaller fraction of the market due to tighter stamp duties and ongoing regulatory measures. This shift is…
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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…