As baby boomers age, valuation professionals adapt to help close “value gap”
Abrigo
MAY 7, 2015
Written by Zeb Zilar, Project Lead, Sageworks Valuation Solution Baby boomers are hitting age 65 at a rate of 10,000 a day until 2030, according to the Pew Research Center. Another study showed that 65 percent of new business sellers in Q1 of 2014 were baby boomers. The transfer of wealth that is beginning to occur for the baby boomer generation is significant, and it’s clear from a recent poll by Sageworks that the baby boomer demographic is a frequent client of valuation professionals.
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