Survey of Widows and Widowers

The purpose of this study was to examine the extent to which recent widow(er)s chose to stay with their financial advisor after their spouse’s death, chose to work with a new advisor, or chose to not work with an advisor at all. We also wanted to determine the reasons behind their decision to keep, drop, or switch advisors. More specifically, we aimed to examine widow(er)s’ financial attitudes and risk tolerance, their use of financial advisors in the past, and the relationship with their advisor at the time of their spouse’s death.

• Full Report
• Widows vs. Widowers: What They Need and Expect When Working with an Advisor
• Statistics Financial Advisors Should Understand About Working with Widows
• Tips for Financial Advisors: Solidify Successful Widow-Advisor Relationships
• 7 Ways a Financial Advisor Can Help You Be Financially Secure Before and After the Death of a Spouse