BofA Private Bank Study of Wealthy Americans Finds Generational Divide in Investing, Giving and Preserving Wealth

"We're living through a period of great social, economic and technological change alongside the greatest generational transfer of wealth in history," said Katy Knox, president of Bank of America Private Bank. "Our study shows that wealthy Americans are focused on diversification, long-term goals and making a lasting impact with their wealth."   Younger Investors Driving Demand for Alternative StrategiesSeventy-two percent of younger investors (ages 21-43) believe it is no longer possible to achieve above av ...