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

Posted date: June 20, 2018 In: QuickPress

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.

The National Association of Certified Valuators and Analysts (NACVA) supports the users of business and intangible asset valuation services and financial forensic services, including damages determinations of all kinds and fraud detection and prevention, by training and certifying financial professionals in these disciplines.

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