Widows, Widowers and their Advisors: A Glass Half Full

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https://digitalcommons.theamericancollege.edu/news/2192; https://digitalcommons.theamericancollege.edu/faculty/820
Timmermann, Sandra
women; finance; financial planning; survey; advisors; retirement; retirement income planning; Finance and Financial Management
article description
There’s a statistic that has become something of an urban legend in the financial field. It states that two-thirds of widows leave their advisors after their husbands die, but that widowers tend to stay with their advisors after their wives die.