Over the next 50 years, more than $41 trillion in assets will be transferred from one generation to another. However, studies forecast an attrition rate of more than 50% in intergenerational transfers of wealth because surviving spouses and the younger generation of heirs don’t necessarily want to work with the same financial advisor.How can advisors avoid this attrition, and even better, capitalize on this looming wealth transfer, turning it into an opportunity?The white paper suggests actual implementable solutions to the wealth transfer problem, leading to more personalized counseling for clients, and the potential for added assets for advisors.
Will they hike or won’t they? Find out how to cut through interest-rate noise. Build better fixed-income portfolios that meet client needs for potential income, stability, flexibility, and more.Download An Insider’s Guide to Bond Opportunities now.
Ranked as one of Nelson’s “Top 20” Money Managers, NWQ maintains hundreds of thousands of client documents each year. Whenever they created or used one, an employee would walk to the file room, and retrieve it or put it back. This was time consuming, insecure, and let only one manager access the file at a time. Using Nuance, NWQ files are now scanned and stored automatically in a secure central repository. Get this short case study, and you too will learn more about how this solution from Nuance Document Imaging helps businesses like NWQ work faster and more securely for their clients every day.
When most people think of information security, they think cybersecurity. But that’s far from the only threat. Did you know last year that 22% of large data leaks were paper based? Every time a document or form is copied, scanned, printed, or faxed —personally identifiable information can be accidentally exposed. And with the 2013 identity theft “red flags rule,” (Regulation S-ID) smart wealth managers are on notice. All registered financial firms that directly or indirectly hold transaction accounts for their clients must develop and implement an Identity Theft Protection Program (ITPP) or face fines. In this complimentary white-paper, Nuance outlines, in ten easy steps, the ten best practices they see every day that help our customers gain control of their paper document processes.
Innovations in digital capabilities have caused many organizations to consider hybrid approaches to corporate performance management, with a single consolidated suite no longer the solution for all. Finance and corporate application strategists need to understand their impacts.