$3.5T wealth shift sparks urgent need for financial advice
Selfwealth
In this ausbiz interview, Craig notes that Selfwealth supports both direct investors and advisers. He shares insights that baby boomers are educating their heirs about wealth management. The crucial role of professional advice in financial, tax, and legal matters is emphasised to ensure goals are met and carefully documented.
Craig points out the necessity for open discussions about wealth transfer, and urges boomers to consider early transfers amid rising costs. He stresses the need for personalised choices, whether passing wealth to family, charities, or others. Financial advice is critical, with less than 20% of Australians seeking it.
https://ausbiz.com.au/media/35t-wealth-shift-sparks-urgent-need-for-financial-advice-the-advisory?videoId=38365
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