Comment & Analysis
Largest Transfer of Wealth in History Brings Opportunity and Anxiety for the Wealth Management Industry
In 2016, Canadian Imperial Bank of Commerce estimated that there were 2.5 million Canadians over the age of 75 with a combined net worth of $900 billion or more. Beneficiaries of this coming transfer of wealth, the largest in Canadian history, will mainly be those between the ages of 50…
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