The Great Wealth Transfer: A Tale of Two Estimates The great wealth transfer, a phenomenon predicted to reshape the global economy and redefine wealth management, has been redefined itself in recent days by two competing estimates from Visa Business and Economic Insights and Cerulli Associates.
While both studies agree that massive amounts of wealth are being transferred from one generation to the next, their vastly different numbers have left industry insiders puzzled.
Estimating the size of this great wealth transfer is not a straightforward task.