Advisors Need This New Approach to Aging Clients

Advisors Need This New Approach to Aging Clients

A talk given by AgeLab Director Joseph Coughlin on the future of financial advice at the 2018 Health and Wealth Leadership Forum is publicized in Investment News:

Advisers in the near future will need to be providing much more than financial advice, Mr. Coughlin said. They will have to have conversations that help clients navigate longevity — topics like geriatric care, transportation and housing — or they risk being replaced by a firm that does.

"The consumer is now demanding deep conversations, not about their money but how they are going to live," Mr. Coughlin said.

Read the full story here.