During the next decade, some of the wealthiest individuals in the world will trigger the largest transition of wealth in history, transferring more than $15 trillion to the Next Generation (NextGen). In most cases, this wealth transfer leads to the recipients – the spouse and heirs – switching to a new financial advisor.
Private banks and wealth managers wishing to retain and attract AuM during the Great Wealth Transfer must act now by establishing a relationship with the NextGen.
Discover how leading wealth managers use lifestyle services as a Customer Experience (CX) solution to differentiate their NextGen strategies and secure AuM through “The Great Wealth Transfer”.
