The “Great Wealth Transfer” we’ve all read about has arrived. From 2018 through 2042, Cerulli Associates projects that nearly 45 million U.S. households will transfer $70 trillion in wealth to heirs and charity.
How to Meet Client Demand for Estate, Trust Planning Services
$8.8 trillion. That’s the amount of money that American families with investable assets between $5 million to $30 million will leave to their heirs this decade...
Expanded MaxMyInterest Integration to Support MoneyGuide Users
Building on the launch of an integration with Envestnet | MoneyGuide announced in early 2021, Envestnet and MaxMyInterest (“Max”) have released an expansion, providing financial advisors who use the Envestnet | Tamarac and Envestnet platforms with more options to help their high-net-worth clients earn higher yields on their cash...
Harness Collaborative Technology to Support Ultra-High-Net-Worth Clients
The opportunity is huge. The U.S. is already home to more ultra-high-net-worth individuals (those with > $30 million in investable assets) than any other country.
How Today’s Advisors Are Promoting Financial Education Among Young People
In a recent blog post, we examined the existing financial education crisis in America and the daunting reality that many Americans are woefully uninformed about the basics of personal finance...
What Biden’s Tax Agenda Could Mean for Your Clients’ Financial Plans
President Biden released a proposal this week that would raise the top capital gains rate for millionaire investors...
What Clients Gain From MyBlocks: Financial Planning Begins With Education
“Tell me and I forget, teach me and I may remember, involve me and I learn.” While the source of this quote is not certain, the wisdom within it cannot be denied...
The Future of Charging for Financial Plans: Can’t-Miss Insights From Michael Kitces
Remember learning about the Industrial Revolution? How technological advances, like the steam engine, railways, and the telegraph, increased productivity and reduced the cost of key items? Looking back, we consider that to be a pivotal time in history...
Help Your Clients Prepare for the Future: Seamlessly Manage Annuities Alongside Traditional Investment Products
The COVID-19 pandemic has had a swift impact on investor preferences and expectations, and, in turn, what advisors need to do to provide value and sustain their practices...