The Great Wealth Transfer
The largest transfer of wealth in history is underway.
As families pass wealth to spouses, children and causes they care about, they'll need people they trust to help them protect it, plan for income and prepare the next generation.
The big picture
$124 trillion, through 2048.
$124T
Total wealth projected to transfer through 2048
$105T
Projected to flow to heirs
$18T
Projected to go to charity
81%
Share coming from Baby Boomers and older generations
How the wealth moves
Often in two steps.
- Step 1
$54T
passes first to surviving spouses
- Step 2
Nearly $40T
of that goes to widowed women
- Step 3
$14T
to Gen X over the next 10 years
- Step 4
$46T
to Millennials over the next 25 years
Wealth often moves twice: first to a surviving spouse, then to the next generation. Each step is a moment when a family needs guidance.
Where IAM agents help
Protection
Life insurance that helps families protect what they're building and passing on.
Retirement income
Helping retirees turn savings into dependable income with annuity education and solutions where appropriate.
Surviving spouses
Patient, plain-language guidance when a spouse suddenly becomes the household's financial decision-maker.
The next generation
Helping heirs build their own foundation, from protection to planning.
A growing profession
10%
Projected employment growth for personal financial advisors, 2024–2034, much faster than average (BLS)
~24,100 per year
Projected annual openings for personal financial advisors, 2024–2034 (BLS)
Projected employment growth, 2024–2034
BLS figures are for personal financial advisors, used here as a broad indicator of demand for financial guidance. IAM agents are licensed insurance professionals.
Why IAM, why now
Mentorship and training from day one
A clear advancement path from 65% to 95%
See the path →Values that clients can feel: Integrity, Altruism, Mettle
Ready to build your career with IAM?
Sources: Cerulli Associates, “Cerulli Anticipates $124 Trillion in Wealth Will Transfer Through 2048” (December 2024); Cerulli Associates, press release on spousal transfers (January 2025); U.S. Bureau of Labor Statistics, Occupational Outlook Handbook, Personal Financial Advisors (2024–34 projections).
Projections are estimates and vary by source; some analysts project a smaller transfer.
Contract levels, requirements, and milestones described here are subject to change. Current signed agreements between IAM Money Management and the agent govern in all cases. Nothing on this page is a guarantee of income, promotion, or timing. Advancement depends on individual production, compliance, and business need.