Rise in inheritances lifting wealth management business, study shows
Nearly two-thirds of US households are now involved in intergenerational wealth transfer, with growth seen in both wealthy and lower-asset households.
In what could be a major boon for the wealth management industry, a new report from Hearts & Wallets shows inheritances are no longer reserved for the wealthy.
The independent research firm said Wednesday that nearly two-thirds of U.S. households are now involved in intergenerational wealth t
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