Listen to a insightful interview with the Institute for Preparing Heirs on successful wealth transfer for The Retirement Café podcast. Listen here https://theretirementcafe.co.uk/preparing-heirs/
Institute for Preparing Heirs quoted in today’s Financial Times. With its television series Succession, HBO has given the world the change-of-generations corporate drama it never knew it needed. Logan Roy, the aging founder and chief executive of Waystar Royco, a media and entertainment conglomerate, is thinking of stepping down. But
A new report finds that a staggering amount of multigenerational wealth is expected to transfer in the coming years—far more than previous reports have anticipated. What can firms do now to prepare their advisors on the front lines of managing client wealth and changing expectations?
It may come as a surprise to many wealth advisors that what keeps their affluent clients awake at night is not whether they will leave their children enough money but rather, the impact of that money on the future well-being of their children. In 2007, Boston College Center on Wealth
The likelihood of losing a very good client along with the ability to retain the assets of the inheriting generation is very real. What should advisors do now to protect their futures and gain competitive advantage? A cautionary tale Jeff, a financial advisor with a large wirehouse, was not able to
Excellent money management is no longer the differentiator it has been in the past with affluent families. Parents have said that they are most concerned about a smooth and successful transfer of assets to their heirs and beneficiaries, and are looking for a trusted advisor who brings more than financial
As a Trusted Family Advisor, you’ve told your clients why it’s important to hold a family meeting. But what if they ask, “Where is best?”
Women are emerging as a large and significant force when it comes to controlling family wealth. What’s behind this trend and why should financial advisors pay attention? It’s only a matter of time when women control the majority of U.S. family wealth, representing trillions of dollars in transition during The
Enlightened financial advisors are stepping up to a new level of wealth management. While tech companies rush to bring the first driverless car to market, the same sense of urgency is driving the financial services industry in the wake of The Great Wealth Transfer. How, what and when financial advice
A Texas wealth advisor always had a “preparing wealth for heirs” focus in his practice, but since he has added “preparing heirs for wealth” to the advice he gives clients, his high-net worth business has grown. Learn how he did it. For 35 years, Kevin had built a successful business
You’ll receive a copy of our white paper, “Advice Beyond The Money: Preparing Families to Prosper & Thrive For Generations,” & our Client Family Tree tool for your next client meeting.