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
Senior Analyst
Bio →
Chayce Horton
Senior Analyst
Chayce is a member of the Wealth Management team at Cerulli and contributes primarily to the U.S. Private Banks and Trust Companies and U.S. High-Net-Worth and Ultra-High-Net-Worth Markets annual reports. His analysis covers the wealth and asset management industries that serve high-net-worth (HNW) investors and families. Chayce also provides analyst support to strategic consulting projects in the wealth management space and contributes to The Cerulli Edge series.
Previously, Chayce has experience working in enterprise data governance, government affairs, and business 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.