Douglas Boneparth, a 38-year-old financial adviser from New York, stated that the Greatest Wealth Transfer in History is no longer an impending phenomenon; it is now a present reality.
An intergenerational transfer of wealth is in motion in America — and it will dwarf any of the past.
Of the 73 million baby boomers, the youngest are turning 60. The oldest boomers are nearing 80. Born in midcentury as U.S. birthrates surged in tandem with an enormous leap in prosperity after the Depression...
