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Search resuls for: "Tracy Bell"


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Of all the ways the baby boomer wealth transfer is expected to reshape everything from housing to the stock market, it could have another big impact: making women a lot wealthier. According to Ellevest, which focuses on wealth management and financial planning for women, a lot of it is going to be inherited by women in a shift the firm is calling the "feminization of wealth." For one, as women live longer than men, there's a shuffling of wealth from boomer husbands to their wives. In total, about $84 trillion is expected to be passed down to younger generations in the Great Wealth Transfer by 2045. As women control more wealth, those corners of the economy will adapt to their needs.
Persons: , Sallie Krawcheck, Krawcheck, Tracy Bell, Bell, It's, Gen Organizations: Service, Boomers, Business, Bank of America, Contemporary, First Horizon, Bank of America Private Bank Locations: America
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