Oh Those Tricontamillionaires!Oh Those Tricontamillionaires!
Atrio of recently released surveys suggests that estate planners are probably going to be chasing after the same clients those with $30 million and more. People with $5 million or less are less likely to be receptive to advisors' attention. And forget even minor estate planning for regular folk; most of them aren't even writing wills. Luckily, the ranks of the tricontamillionaires those with $30 million
July 1, 2004
Rorie M. Sherman Editor in Chief
Atrio of recently released surveys suggests that estate planners are probably going to be chasing after the same clients — those with $30 million and more. People with $5 million or less are less likely to be receptive to advisors' attention. And forget even minor estate planning for regular folk; most of them aren't even writing wills. Luckily, the ranks of the tricontamillionaires — those with $30 million — are swelling.
Two of the studies were released last month: the 2004 World Wealth Report by Merrill Lynch & Co., Inc. and Capgemini and an annual report from the Phoenix Companies. The third was released in May by Martindale-Hubble.
The World Wealth Report, drawing on a number of private and government s...
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