WEALTHTRACK Jamie Hopkins Reveals a Major Overlooked Risk in Financial Planning
Aug 29, 2025
Jamie Hopkins, an award-winning certified financial planner and Chief Wealth Officer at WSFS, sheds light on the significant risks of digital asset management in retirement planning. He highlights that digital assets can average around $190,000 for Americans and discusses how improper management can lead to substantial risks, including digital theft. Hopkins also emphasizes the importance of integrating these assets into estate planning and shares strategies for enhancing security and preventing identity theft, while tackling recent tax legislation changes that could impact retirement savings.
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Photos Have High Sentimental Cost
- Photos carry high sentimental value and are hardest to recover once lost.
- Hopkins notes people would pay varying amounts to recover family photos, which inflates total digital value.
Inventory And Prioritize Your Accounts
- Start by becoming aware and making an inventory of your online accounts and files.
- Rank each account by priority so you can focus legal and access planning on what matters most.
Identify Monetary Value And Transfer Desires
- Check whether digital items hold monetary value like crypto, loyalty points, or in-game purchases.
- Decide if you want those assets transferable or managed and then add legal steps to execute that.
