The transfer of wealth between the “Baby Boomer” generation and Millennials is something that has recently come up as a topic of discussion within the financial services industry. 2015 is the year Millennials are projected to surpass boomers in population, a population that is expected to leave trillions of dollars to the next generation over the next 50 years. In Generation X and Y as the New Wealth Holders: The Implications of a Generational Shift in Financial Advising Clientele, Professor Helen Simon and I explore this projected wealth transfer and the implications it will have on the financial advising industry in years to come.

This article appears in the Spring 2015 issue of The Retirement Management Journal.

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