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WebMay 9, 2024 · As a simple example, a family that owns a $100,000 home and has $10,000 in credit card debt has wealth totaling $90,000. Median wealth for white families was … WebSally Mullen, senior vice president and chief fiduciary officer for U.S. Bank Wealth Management. By 2030, roughly $30 trillion is slated to change hands in the U.S. 1 Often referred to as “the great wealth transfer,” this exchange will happen as aging baby boomers pass on assets to the next generation, and women are set to inherit a large ... WebDec 22, 2024 · With the Great Wealth Transfer, new clients will not be satisfied by the traditional periodic face-to-face meetings and hefty printed reports. ... AI is now commonly used to make decisions on loans, insurance packages, and fraud detection. This has increased financial inclusion while also improving the efficiency of the delivery of financial ... notebook machine price in india