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The Great Wealth Transfer: How to Move Wealth Without Losing Your Family
An estimated $124 trillion will transfer across generations by 2048 (Source: Cerulli Associates, U.S. High-Net-Worth and Ultra-High-Net-Worth Markets 2024, December 2024.) The first wave is already underway, and it does not look the way most families expect.
The majority of initial wealth transfers move from one spouse to another, not directly from parents to children. Widowed spouses, predominantly women, become the decision-makers for wealth they may not have managed directly. The planning, communication, and advisory relationships that support this first transfer often determine whether the wealth survives the second one.
Wealth transfer strategies for families must account for both stages: the near-term spouse-to-spouse transition and the longer-term generational transfer that follows. Families who plan for only one stage often discover gaps when the other arrives.
Financial Advisers Now Support Caregiving for One in Four Americans
Marty Bicknell, Mariner’s CEO, emphasized that advisers now show up for clients during critical life moments, acting as friends and confidants beyond traditional roles. With over 63 million Americans serving as caregivers—many supporting both parents and children—this expanded service addresses a growing and complex client need.
Can you reach the latest retirement savings ‘magic number’?
While the survey stops short of prescribing solutions, it paints a clear picture of strained retirement readiness amid inflation and market uncertainty.
Montana’s Eight Most Populous Counties See Sharp Rise in Older Residents Over Children
From 2020 to 2025, Montana’s eight largest counties experienced a significant increase in residents aged 65 and older compared to those under 18. This demographic shift will impact local labor markets, healthcare, and housing needs across the state.
