3-day Virtual Seminar

Is Cognitive Decline the Biggest Threat to Your Client's Financial Security?

Overview

This training will cover the prevalence and financial impact of cognitive decline, why it undermines decision-making, and the profound risks it poses for clients and advisory firms alike. We’ll explore how advisors can prepare by building safeguards, engaging families, monitoring behavioral warning signs, and leveraging technology and training resources. Attendees will leave with a clear framework for protecting clients and strengthening trust by addressing one of the most pressing issues in wealth management.

Why you should Attend

Traditional risks like inflation or market downturns are manageable compared to the devastating effects of cognitive decline. Advisors are on the front lines often recognizing warning signs earlier than family members or doctors. This session will equip you with practical tools to identify, manage, and mitigate the risks, helping you safeguard both your clients’ financial security and your firm’s reputation.

Areas Covered in the Session

• Why cognitive decline is the biggest financial risk facing older clients
  
• The true costs of dementia care financial and emotional
  
• Early warning signs: financial mistakes that precede diagnosis
  
• Legal, reputational, and regulatory risks for advisory firms
  
• Best practices: trusted contacts, diminished capacity letters, regular communication
  
• How to monitor behaviors and detect fraud or exploitation
  
• Training and technology tools for advisors to manage cognitive decline
  

Who Will Benefit

• Financial Advisors and Wealth Managers
  
• Compliance and Risk Officer
  
• Retirement and Estate Planning Professionals
  
• Elder Law Attorneys
  
• Professionals serving Older Adult Clients