Inheritance and Younger Generations

Research by Sanlam shows “young people (aged under 45) could collectively receive at least £1.2 trillion in inheritance over the next 30 years. Over three quarters (76%) of under-45s who expect to receive substantial (£50k or over) inheritance say they will be looking to engage with financial advisers”. Read more  

It is this change in dynamic which makes it so important to work with the entire family.  The Wealth Managers at Beaufort Wealth Management take a holistic approach to financial planning and this means involving the family according to the clients’ wishes.  As a team the advisers are also younger than the industry norm, as according to Money Marketing the average age of an adviser is in the mid-50s. This means they are more relatable across the generations to develop relationships with the clients’ sons and daughters and family members.