Dementia: How to Protect Elderly Clients | OnWallStreet


We often think that getting older and getting forgetful go together. Sometimes they do, but memory loss should raise a red flag when it comes to your aging clients and their investments. 

Losing capacity for financial decisions is something advisors need to be ready for, as it is likely to affect a huge part of our population.

By 2030, there will be 72.1 million people in the U.S. over age 65. and 7.7 million of them will have Alzheimer's Disease, according to recent data from the Census Bureau and the Alzheimer's Association. This directly translates to a large number of impaired clients making or attempting to make financial transactions and decisions. Some of those transactions could be with you. Are you prepared?


Back to listing