The “Greater” Shift – The Impact of the $30T Generational Transfer

In a recent post, we argued that technology’s effect on the delivery of wealth management advice has reached a tipping point. One of the 3 drivers that we discussed was the growing momentum in the adoption of cloud-based applications. The second driver was the ability of platforms like InvestCloud’s to offer fast, low-cost applet creation so that more business processes can move into the cloud. Lastly, the third factor we raised, was the massive intergenerational asset shift that will be cresting over the next several years. While the “Great Transfer” from the WW2 Generation to their Boomer heirs is still going on, it will soon be eclipsed by an even larger transfer wave from the Boomers to their millennial heirs.

Read more: http://investcloudsolutions.blogspot.com/2015/09/the-greater-shift-impact-of-30t.html

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s