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Stock impact report

Citizens Survey: ‘Great Wealth Transfer’ Presents New Era of Financial Opportunity for Women

Citizens Financial Group, Inc. (CFG) 
Last citizens financial group, inc. earnings: 4/17 06:37 am Check Earnings Report
Company Research Source: Business Wire
Second annual survey underscores the critical need for professional financial guidance to manage trillions of dollars in assets PROVIDENCE, R.I.--(BUSINESS WIRE)--As the ‘Great Wealth Transfer’ accelerates, complex gender divides surrounding wealth are becoming more pronounced than ever. In anticipation of this historic wealth distribution, where Baby Boomers are expected to pass down $124 trillion in assets to heirs by 2048*, a new survey from Citizens found women report a lack of confidence and proactiveness when it comes to financial planning. Considering that women are expected to control a staggering $34 trillion in investable assets in the U.S. by 2030**, there is a crucial need to empower women, provide essential resources and foster deep engagement in building their financial futures.“The Great Wealth Transfer is a pivotal opportunity for financial gender parity, although the road ahead is not without its challenges. Our survey shows an overwhelming majority of women report Show less Read more
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