What is the “great wealth transfer,” and who’ll benefit from it? NPR Marketplace
December 13, 2024
Chayce Horton joins Mitchell Hartman on NPR Marketplace to discuss Cerulli's wealth transfer number which forecasts $124 trillion will change hands from older to younger generations.
Listen Now
ContinueEconomists and financial planners are all excited about the upcoming “great wealth transfer” — a huge movement of wealth from one generation to another. But the beneficiaries are likely to be concentrated at the top of the income spectrum, and some who expect to inherit could be in for an unpleasant surprise.
More than $120 trillion in assets will pass from older Americans to their heirs and favored charities over the next 25 years, mostly through inheritance after death. Some of it, though, will be gifted while the donors are still alive. Tune into the full story.
Subject Matter Expert
Meet Chayce Horton
Chayce Horton
Associate Director
Bio →
Chayce Horton
Associate Director
Chayce is an Associate Director in the Wealth Management practice and is the lead author of the annual High-Net-Worth and Ultra-High-Net-Worth Markets report. He also helps lead the annual Private Banks and Bank Trust Companies report as well as the quarterly Cerulli Advisor Edge. Chayce specializes in research and consulting related to high-net-worth investors and advisory firms, including multi-family offices, RIAs, broker/dealers, private banks, and trust companies, as well as the asset management providers that serve these investors and intermediaries.
Prior to joining Cerulli, Chayce worked in enterprise data governance, geopolitical research, and commercial banking at multiple global financial institutions.
Full biography here.
You may also be interested in:
- Annual report
- The Cerulli Edge
December 2024
Coming Wave of Inheritance, Cost of Data, EU's Competition Tradeoff | Wall Street Week
Chayce Horton speaks with David Westin at Bloomberg about the increasing net worth coming from inheritance.