The $124 trillion Great Wealth Transfer and women’s earning power has created a ‘perfect storm’ of opportunity, wealth executives say
The $124 trillion Great Wealth Transfer and women’s earning power has created a ‘perfect storm’ of opportunity, wealth executives say
Women already have more money than ever before—and they’ll soon step into even more financial power. They’re not only set to inherit $52 trillion by 2048 as major players in the $124 trillion Great Wealth Transfer, according to Cerulli Associates, but they’re also wielding growing financial mettle in rising to top-level roles. Wealth management professionals are already looking to meet the moment.
At Fortune’s Most Powerful Women Summit this year, financial services execs say women are at the helm of great financial opportunity. Anna Maria Nekoranec, CEO and cofounder of Align Private Capital, noted that women are amassing significant fortunes as they win out in business and take over boardrooms. It’s her “personal mission” to assist women stepping into wealth make smart decisions with their money, because she believes “we can change the world with it.”
“We have a perfect storm because........
