Expert: Advisers need to focus on clients' wives, too

11/18/2012 | InvestmentNews (free registration)

Advisers ignore their male clients' wives at their peril, said Suzanne Siracuse, publisher of InvestmentNews, speaking at an industry panel. She said 80% of women die single, and women typically outlive their husbands by 14 years. Studies have found that 70% of widowed women switch advisers within a year of their husbands' deaths, she added.

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