The impact of the 'racial will gap' on wealth [Yahoo! Finance]
Raymond James Financial, Inc. (RJF)
Last raymond james financial, inc. earnings: 4/29 04:35 pm
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Source: Yahoo! Finance
Eliminating the so-called will gap would cut the stubbornly wide difference in wealth among the two races by "a modest but meaningful" 10% over three generations, according to a working academic paper and research brief released earlier this month by the Center for Retirement Research at Boston College. The paper hasn't received peer review or approval for publication in an academic journal. The key findings of the research, which was financially supported by Wells Fargo, show the importance of financial advisors' will and estate-planning services. "It's a pretty easy thing to do to write a will — relative to, say, saving a lot more money," said Gal Wettstein, a senior research economist with the center and one of four co-authors of the report, alongside Jean-Pierre Aubry, Alicia Munnell and Oliver Shih. "We think that it's a pretty low-hanging fruit in terms of making progress." Their conclusions followed another report by the center last year concluding Black and Hispanic Ameri
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News
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RJF
Earnings
- 10/23/24 - Beat
RJF
Sec Filings
- 11/20/24 - Form 8-K
- 11/12/24 - Form SC
- 10/23/24 - Form 8-K
- RJF's page on the SEC website