Millionaires under 40 are dumping traditional advisors - here's why 62% threaten to switch
Key Points
- $83 trillion will shift from Boomers to Millennials and Gen ...
Picture this: $83 trillion is about to change hands over the next two decades, and the people inheriting it aren't exactly thrilled with the old-school "trust us, we know best" approach to wealth management. That's more money than the entire global GDP, and it's flowing from Boomers to Millennials and Gen Z who have some rather specific opinions about where their cash should go.
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