Generations
What is a dedicated Generations team of specialists?
Underlying concern of HNW clients.
What is making a costly mistake they don't see?
Scale of advisor force, referral networks,
and geographic reach.
What is our advantage in reaching the hnw?
This group controls over half (54%) of all U.S. financial wealth despite being a small portion of households.
Who are high-net-worth households?
The Beatles famously sang that they didn't care too much for money, because "money can't buy me" this.
What is "love"?
This category includes private equity, private credit, and private real estate investments.
What are alternative investments?
The largest controllable drain on wealth.
What are taxes?
Most valuable COI type.
What is CPA?
This percentage of HNW clients plan to switch or add a financial advisor within the next 2 years.
What is 46%?
Proverbially, a man who has these "has everything", regardless of his bank account balance.
What are friends? (or health)
This model is typically for clients with more that $5M in liquid investable assets and focuses on specific issues.
What is Generation Consulting?
Clients focus more on avoiding this than maximizing returns.
What is losing wealth?
Focus on: Complexity, coordination gaps, and simplification. Do not lead with performance.
What is how to get hnw prospects to listen to you?
This percentage of wealthy clients say they want more personalized financial advice.
What is 66%?
Benjamin Franklin once wrote that this "is the best medicine" which costs nothing but brings great joy.
What is laughter?
This model is typically for clients with more than $10M in liquid investable assets and delivers ongoing wealth management.
What is Generations Private Wealth?
Clients evaluate whether advice is customized or this.
What is generic?
The number one way hnw people meet their primary advisor
What is workplace retirement plan?
This service is requested by 92% of HNW clients but often underdelivered.
What is tax guidance?
In The Wizard of Oz, Dorothy finds ultimate richness at home, famously repeating this line.
What is "There's no place like home"?
This benefit offers eligible clients up to $5,000 annually for tax and estate planning services.
What is the professional services credit?
What is avoiding costly mistakes and unknown risks?
Deep COI relationships come from this.
What is working cases together?
This major generational trend will transfer trillions in wealth.
What is the Great Wealth Transfer?
This waits for no one.
What is time?