Bank of America: Spontaneous Family Wealth Discussions and Decisions Can Lead to Regrets, Finds Merrill Study
November 03, 2023
November 03, 2023
NEW YORK, Nov. 3 (TNSres) -- Bank of America, a financial institution, issued the following news release:
Nearly four in five wealthy families have had unplanned discussions about wealth with 26% later regretting it, according to a new study published by the Merrill Center for Family Wealth(TM), a part of Merrill Private Wealth Management. The research found 33% of families increased family conversations about wealth since the Pandemic; however, many families dive in without a plan, . . .
Nearly four in five wealthy families have had unplanned discussions about wealth with 26% later regretting it, according to a new study published by the Merrill Center for Family Wealth(TM), a part of Merrill Private Wealth Management. The research found 33% of families increased family conversations about wealth since the Pandemic; however, many families dive in without a plan, . . .