Ameriprise Study: Siblings Rarely Argue About Money, But When They Do It’s About Their Parents

Minneapolis(June 21, 2017)  According to new research from Ameriprise Financial (NYSE: AMP) released today, only 15 percent of siblings have conflicts over money with their brothers or sisters. The newly unveiled research is part of the Ameriprise Family Wealth Checkup study, which surveyed 2,700 Americans, including more than 1,900 with siblings, between the ages of 25-70. The latest findings examine siblings’ communication, financial disagreements, and perceptions of each other when it comes to managing money.

Ameriprise Study: Family Financial Discussions Go Smoother Than Anticipated, But Unrealistic Inheritance Expectations Persist

According to new research released by Ameriprise Financial (NYSE: AMP), more than half (52%) of Americans say they feel extremely or very confident about their family’s financial future. Their secret: regular family conversations about money. Families with the most financial confidence say they cover a variety of topics including long-term financial goals, retirement and estate planning. The Family Wealth Checkup study surveyed 2,700 Americans between the ages of 25-70, revealing how families navigate financial communication and the challenges they encounter along the way.