Alive, Kicking and Incapable

As forecast in the early 1980s, America is aging. The new century counted almost 77 million Americans over the age of 50, with more than half between 50 and 64 with a surprising 4.2 million over the age of 85.1 As a result, professionals throughout the wealth management industry2 are seeing an increasing number of older, prospective clients with diminished capacity and watching the capacity of their

As forecast in the early 1980s, America is aging. The new century counted almost 77 million Americans over the age of 50, with more than half between 50 and 64 — with a surprising 4.2 million over the age of 85.1 As a result, professionals throughout the wealth management industry2 are seeing an increasing number of older, prospective clients with diminished capacity — and watching the capacity of their existing clients diminish. In both instances, the ethical implicatio

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