Despite economic uncertainty, it’s still possible to build and preserve generational wealth, according to experts at CNBC’s Financial Advisor…
Despite economic uncertainty, it's still possible to build and preserve generational wealth, according to experts at CNBC's Financial Advisor Summit.
"The number one cause of great loss of wealth is concentration," said Mel Lagomasino, CEO and managing partner of WE Family Offices." for the economy, said Mel Lagomasino, CEO and managing partner of WE Family Offices, which has locations in New York City and Miami."But I think we'll still have anfor investors."Now for a change, they're getting paid," Lagomasino said."They can put money in very liquid, very safe investments and get 5%, 6% or 7%.
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