Lack of Communication Killing Family Wealth Reviewed by Momizat on . Lack of communication and trust has depleted 60 percent of family fortunes, according to a recent white paper from BNY Mellon's Pershing entitled "Parent Trap: Lack of communication and trust has depleted 60 percent of family fortunes, according to a recent white paper from BNY Mellon's Pershing entitled "Parent Trap: Rating: 0
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Lack of Communication Killing Family Wealth

Lack of communication and trust has depleted 60 percent of family fortunes, according to a recent white paper from BNY Mellon’s Pershing entitled “Parent Trap: Avoiding Common Multigenerational Wealth Planning Pitfalls.”  On the other hand, poor financial planning accounts for three percent of bankrupted family wealth.

To read the full article in Financial Advisor, click: Lack of Communication Killing Family Wealth.

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