Comment & Analysis
The largest wealth transfer in history has already begun
Ultrahigh-net-worth individuals will transfer $3.9 trillion to the next generation by 2026, according to the new “Wealth Transfer Report” released Monday by global wealth consultancy Wealth-X and insurance brokerage and consulting firm NFP. This reflects a 5% decline from the report’s 2014 estimate of $4.1 trillion, but this is because…
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