How advisors who prepare heirs can win the next generation [Globe and Mail, The (Toronto, Canada)]
Manulife Financial Corporation (MFC)
Last manulife financial corporation earnings: 2/12 05:00 pm
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Source: Globe and Mail, The
Mike Richard often points to a cautionary tale when the topic of big inheritances comes up: the story of a lottery winner who ends up frittering away new-found wealth within a few years. The problem isn't the money; it's the lack of preparation. Mr. Richard, national vice-president of segregated funds at Manulife, says that troubling pattern is playing out repeatedly across Canada. Open this photo in gallery: Mike Richard, national vice-president of segregated funds, Manulife Supplied “Inheritance is creating more millionaires than lotteries ever have. But the same problem exists. How ready are those who receive the windfall – the spouses, children, or other heirs suddenly responsible for managing significant wealth?” Recent research from the CFA Institute¹, looking at Canada and five other markets, found that 86% of Gen Z and millennial investors say they expect to receive an inheritance. That underscores how central this transition has become to the future of wealth manag
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MFC
Earnings
- 2/11/26 - Beat
MFC
Sec Filings
- 3/27/26 - Form 6-K
- 2/20/26 - Form 6-K
- 2/13/26 - Form 13F-NT
- MFC's page on the SEC website