Author: Geoffrey Close

Financial advisor reading messages on smartphone disappointed at the news. Why should advisors embrace philanthropy? Because the Great Wealth Transfer is already happening.

Why Advisors Are About to Lose Their Best Clients

June 28, 2025 No Comments

Advisors: You’re About to Get Fired: An $84 trillion wealth transfer is coming—and your name’s not on the guest list. The moment your client dies, retires, or checks into assisted living, their kids will hand everything to a friend from college or church. Unless you’ve built credibility with the next generation—and brought philanthropy into the conversation—you’re toast. Legacy is the new currency. Master it, or watch your book bleed out while someone else becomes the family’s trusted advisor.

Geoffrey Close

After 40 years of experience as a seasoned Wealth Advisor, providing tailored financial guidance to individuals, families, small business owners, and non-profits, Geof continues to offer pro-bono philanthropic consulting to non-profit organizations based in Central Virginia and nationwide. He draws on his expertise in comprehensive financial planning to address tax minimization, retirement optimization, estate, and charitable planning. Geof’s approach emphasizes understanding the personal values and legacy goals of donors, offering ongoing education to help them make confident philanthropic decisions while preparing for wealth transfer to future generations.