How Advisers Can Ride the 'Wave of Opportunity' of Aging Clients

How Advisers Can Ride the 'Wave of Opportunity' of Aging Clients

Mon, 07/23/2018

AgeLab Founder and Director Joseph Coughlin is interviewed in Investment News about the financial advice industry and the challenges of planning for 8,000 days of retirement:

"The next-generation [firm] is going to have the adviser at the middle as quarterback, if you will, but have a much more multidisciplinary team to help me anticipate what I'm going to be facing in older age," Dr. Coughlin said.

"If I have an adviser who does not know that I'm in the middle of caregiving and talk to me about the possible costs of that and then pivot that to what it's going to be for me so that my daughters don't have the same issues, you don't get it. That's the kind of conversation I'll pay for."

Read the interview here.

 

 

MIT AgeLab
1 Amherst Street, 2nd Floor
Cambridge, MA 02142
ph: 617.253.0753
email: agelabinfo@mit.edu

Go to top