Wells Fargo to capitalize on $124T ‘Great Wealth Transfer’ with AI solutions
81% of younger inheritors say they’ll fire parents’ asset managers
Financial institutions are gearing up to cater to the next generation of wealth clients as the “Great Wealth Transfer” happens in real time. An estimated $124 trillion is projected to be passed to younger family members and charities by 2048, according to a report from asset management firm Cerulli Associates. When this transfer occurs, 81% […]
