Bloomberg Businessweek Great Wealth Transfer, Tax Free Tips
Mar 14, 2025
Tina Hurley, Head of Planning and Ultra-High-Net-Worth Solutions at Citizens Wealth, shares insights on the Great Wealth Transfer's impact on women. She emphasizes the importance of financial education as more wealth shifts to female decision-makers. The discussion also touches on market fluctuations, personalized investment strategies, and the growing confidence of women in managing wealth. Meanwhile, wealth reporter Ben Steverman dives into the implications of tax policies on tips, exploring potential consequences of exempting them from taxation.
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Client-Focused Investment Advice
- Focus on clients' unique goals when advising on investments.
- Create wealth strategies appropriate for each individual client.
Long-Term Investment Strategy
- Long-term investing prioritizes overall market growth over short-term fluctuations.
- Consider the long haul when making investment decisions.
Women and Investing
- Women tend to be more risk-averse investors, prioritizing stability.
- Financial planning for women should consider their focus on family and long-term security.