Indeed they should! At least 84% of financial advisors believe they have clients with Alzheimer’s and dementia in their client base, and 96% of financial advisors indicated that they were not prepared to deal with it (Harris, 2009). As the “Alzheimer’s tsunami” grows, so too will the number of clients with Alzheimer’s disease and cognitive impairment.
Susan Gilster recently conducted an important webinar for financial advisors of RBC Capital Markets to provide education on Alzheimer’s disease and dementia. Financial capacity is often one of the first signs of dementia, and those professionals providing advice and guidance may be some of the first to notice symptoms in a client.
Advisors learned what signs to look for, as well as how they might best help their clients in the future.