Over the next decade, millions of baby boomers will begin the process of transferring all or part of their wealth to the next generation. This transition of wealth presents a great opportunity for financial service providers and advisors.
This report, based upon primary research conducted by Spectrem on a monthly basis, will compare the portfolios, risk tolerance, advisor usage and financial attitudes and behaviors of HNW women compared to HNW men.
Trust Update 2012 is an analysis of FDIC data supplemented with information from Spectrem studies. This report takes a view of trends in total personal trust assets and accounts, managed versus non-managed personal trust assets as well the status of common/collective funds. Institutional assets are identified when possible.