Studies show that the majority of children leave their parent’s financial advisors upon receiving an inheritance.
Keeping a client can be up to 25 times less expensive than acquiring a new one1
A transfer of wealth can be a challenge for advisors who are trying to build their book of business. There are practical and genuine ways in which you can engage the next generation and show your value as a trusted advisor, however. With your help, they’ll be able to realize the same benefits as their loved ones did before them.
Use our Building Relationships With the Next Generation infographic for quick and easy tips to engage and build trust with the children and family members of your clients. Simply fill out the form to view now.