WEALTH MANAGEMENT CONFERENCEWEALTH MANAGEMENT CONFERENCE

Rorie M. Sherman Editor in Chief

Every February, on the second weekend of the month, Ted Ridlehuber and his wife sit their three adult daughters and their husbands down for a state-of-the-finances talk. Ridlehuber, president and CEO of the consultancy Cannon Financial Institute, Inc. based in Athens, Ga., started these family meetings after his wife's mother developed Alzheimer's and his wife, executor of her parents' estate, didn't have enough information to handle her widowed mother's finances.

Advisors should do the same with their families — and should recommend such summits to their clients, Ridlehuber told an audience of more than 100 lawyers, trust officers and financial planners during the Trusts & Estates annual wealth management ...