The $124 trillion Great Wealth Transfer and women’s earning power has created a ‘perfect storm’ of opportunity, wealth executives say

Women are moving toward a larger role in the global transfer of wealth, combining increased financial resources with greater influence in senior positions. Their growing economic power is drawing attention from wealth management professionals preparing for a significant shift in their client base.

A major share of wealth is expected to move to women

Women are projected to inherit $52 trillion by 2048, according to Cerulli Associates. That figure represents a substantial portion of the $124 trillion expected to change hands during the Great Wealth Transfer.

The transfer could expand women’s influence over financial decisions and increase their importance to firms serving affluent clients. The source also points to women’s growing financial mettle as they rise to top-level roles, adding earning power to the assets they may receive through inheritance.

Wealth managers are preparing for the shift

Wealth management professionals are already looking to respond to this changing financial landscape. The combination of inheritance and stronger positions in the workplace creates a significant opportunity for firms that understand women’s expanding role in managing wealth.

For women, the coming years could bring greater control over substantial assets. For the wealth industry, the scale of the projected transfer highlights the importance of engaging with women as increasingly influential financial decision-makers.

What comes next

The anticipated transfer will unfold through 2048. As more wealth moves to women and their presence in senior roles grows, their position in the financial system is expected to become increasingly prominent.