Client Affairs

New Wealth Portal Aims To Help Parents, Advisors Educate The Young

Harriet Davies 21 March 2011

New Wealth Portal Aims To Help Parents, Advisors Educate The Young

A new, free online portal called Wealth Resources has been launched, designed to help families and their advisors prepare younger generations for their economic future.

The portal includes links to articles, statistics, blog sites, networking organizations, money games, calculators and events, all focusing on wealth, financial parenting, investing and estate planning.

It was created by Jayne Pearl and Richard Morris, co-authors of Kids, Wealth, and Consequences: Ensuring a Responsible Financial Future for the Next Generation.

"Even as the economy begins to show signs of life, parents remain worried about the many challenges their families face with the sluggish job market, rising cost of food, gas and tuition, an increasing personal bankruptcy rate, and whip-speed pace of technology changes that make products obsolete almost instantly," say Pearl and Morris.

"More than at any time in recent history, parents are recognizing the critical need for them to teach their children the financial skills, discipline and values they will need to navigate the uncertain times ahead."

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