COMBINED Dinner St. Paul & Minneapolis: Next Gen Engagement
Engaging the Next Generation (Before it’s Too Late)
Presenter Jill Shipley
Developing relationships with the next generation is critical for the sustainability of your firm. Every year for the next fifty, $1 trillion will transfer to the next generation. Also, 95% of next generation investors say they plan to fire their advisors when the wealth transfer event happens because they do not have a personal relationship with these individuals and feel they are their “parents’ advisors.”
Engaging and educating your clients’ children and grandchildren is also critical for the sustainability of the family’s wealth. 70% of families fail to successfully transition wealth from one generation to the next mainly because of a lack of communication within the family and unprepared heirs. As professionals we have an opportunity to promote communication across generations and educate heirs on their roles and responsibilities to ensure they are prepared for life with wealth.
This presentation will focus on engaging and advising your clients’ children – why you should begin a discussion with your clients, what you can do to introduce the need to them and their children, and how to effectively engage and advise the rising generation to ensure a lasting financial legacy for their family and for your business.
Credits Pending
Registration and Networking - 4:30 pm
Meeting Begins - 5:00 pm
Dinner - 6:00 pm
