Preparing for the Great Wealth Transfer

$124 trillion is set to change hands through 2048 and the implications for the financial services industry are vast. Gen X ($39 trillion) and Millennials ($46 trillion) will be inheriting substantial sums of money, while widowed women in the Baby Boomer and older generations will receive a projected $40 million in spousal transfers.

Amidst accelerating wealth transfers, it is critical for wealth and asset managers and other industry participants to figure out how to strike a balance between serving the needs of current wealth holders and positioning strategies to better capture assets of those inheriting wealth. Join Cerulli’s Chayce Horton for a look at the numbers and what they mean for the industry as wealth changes hands.

This 45-minute discussion will cover:

• High-net-worth (HNW) and ultra-high-net-worth (UHNW) market dynamics and channel marketshare

• Best practices for wealth managers guiding their HNW and UHNW clients to and through wealth transfers

• Unique service preferences, investing goals, intergenerational planning strategies, and other considerations of those who are giving and receiving wealth