Managing Risk for the Wealth-Inheriting Younger Generation
While many young people are earnest in their quest to make a mark on the world, unless they are properly educated about the myriad exposures to their inherited wealth, they may inadvertently deplete it.
New Hire Roundup: Collins Named as TDAI’s Head of Advisor Transitions
Also this week in new hires, John Mastal joined Convergent Wealth, and E. Thomas Johnson Jr. went to Retirement Clearinghouse.
Newly Wealthy Often Overpay to Be Underinsured
They often fail to adjust their insurance programs as they accumulate wealth, according to research released Tuesday by ACE Private Risk Services.
4 Top Issues to Address in a HNW Client New Year Insurance Checkup
Neglecting to adjust your HNW client’s insurance program each year can lead to an unacceptable level of risk.