Even for high net worth clients, financial professionals must be sure they carve out a portion of the retirement savings for healthcare and long-term care costs.
As it turns out, high net worth individuals may be among the most receptive market to new finance tech.
The last year has certainly been a wild ride for the financial services industry, as well as just about anyone with a pulse on finance.
Although competition to attract the high net worth client segment is fierce, financial planners can tap into this market.
In a recent survey, some surprising feelings about the average financial wellness of the American worker came to light.
For the fifth year in a row, student debt has contributed to millennials feeling ill at ease about their financial futures.
Since the 2008 recession, a new generation of wealthy consumers have joined the economy and are in need of financial guidance.