Three ways you can foster financial values in your family today.
Published: August 17, 2023
As a experienced Client Service Associate and dedicated mom, Jen Roton, has a unique perspective to offer when it comes to fostering financial values in your family. Over the next two decades, trillions of dollars will change hands in the “great wealth transfer." This shift presents a huge opportunity to consider the values you wish to impart on your family’s financial legacy.
It's never too late to talk with your family about the responsibilities of inheriting your estate. If you're unsure how to start, reach out to one of our trusted advisors and CERTIFIED FINANCIAL PLANNERS™ so we can help to identify values, set goals, and put a plan into action.
Interested in learning more about The wealth transfer: financial literacy and family values? This article provided by Raymond James, offers some ideas to help you prepare for the most important wealth transfer topics with your family – before your generous gifting begins.
1 The 2023 Forbes ranking of America’s Top Wealth Management Teams Best-In-State, developed by SHOOK Research, is based on an algorithm of qualitative criteria, mostly gained through telephone and in-person due diligence interviews, and quantitative data. This ranking is based upon the period from 4/1/2021 to 3/31/2022 and was released on 01/12/2023. Advisor teams that are considered must have one advisor with a minimum of seven years of experience, have been in existence as a team for at least one year, have at least 5 team members, and have been nominated by their firm. The algorithm weights factors like revenue trends, assets under management, compliance records, industry experience and those that encompass best practices in their practices and approach to working with clients. Portfolio performance is not a criteria due to varying client objectives and lack of audited data. Out of approximately 8,000 team nominations, 2,860 advisor teams received the award based on thresholds. This ranking is not indicative of an advisor's future performance, is not an endorsement, and may not be representative of individual clients' experience. Neither Raymond James nor any of its Financial Advisors or RIA firms pay a fee in exchange for this award/rating. Raymond James is not affiliated with Forbes or Shook Research, LLC. Please see https://www.forbes.com/lists/list-directory/#470ac626b274 for more info.