Podcast
Megatrends: The Great Wealth Transfer
Megatrends can change economies and societies but what happens when the trend involves the transfer of $84 trillion in wealth? Manju Boraiah discusses how tax management should be in the forefront of investors’ minds.
Key takeaways
- Wealth transfer is the next big frontier in our industry due to rising wealth, changing demographics, technology advancements, and globalization of wealth itself.
- With illiquid assets in motion, such as real estate and pension entitlements, complex financial planning and wealth restructuring will become more critical for investors.
- Separately managed accounts can offer customizations based on investor risk tolerance, investment time horizons, and tax objectives, adding transparency to complex wealth transfers.