An estimated $124 trillion is expected to transfer through 2048, including about $105 trillion to heirs. We have spent a great deal of time estimating the value that will transfer from one generation to the next. However, if advisors expect to maintain the value received, we should be equally interested in whether the value we provide in exchange is evolving with it.

As we mark the tenth anniversary of the Statement on Standards in Personal Financial Planning Services, it's clear that this milestone was more than a mere regulatory update — it was a foundational moment for the financial planning profession.

When financial planning pioneer Sidney Kess passed away last September at the age of 97, he was long-established as an active thought leader, contributing to the field for over 70 years.

The AICPA PFP section approaches its 40th anniversary. The engagement of CPAs in providing personal financial guidance has deep professional roots.