Bank of America Merrill Lynch Head of Global Wealth and Retirement Solutions Andy Sieg to Participate in 2015 White House Conference on Aging
Company Introduces Groundbreaking Longevity Training Program and Expands Resources to Help Clients and Families Prepare for Cognitive Decline
During the conference, Sieg will participate in a panel discussion on retirement security and longevity, moderated by
“We’re in a new world of longer life, one that presents wonderful opportunities and new and emerging challenges,” said Sieg. “One such challenge is cognitive decline, which today affects one in six Americans and can beset families with little warning1. As our population ages and lives longer, Alzheimer’s and related diseases are becoming more prevalent, and their impact must be better understood and factored into later life planning for ourselves and our loved ones.”
To aid this understanding and planning,
In addition, Bank of America’s wealth management businesses have introduced new resources focused on helping clients prepare for increasing longevity and diseases associated with cognitive decline. The company’s expanding resources on these topics now include:
- “Addressing Memory & Your Family,” a newly published whitepaper offering a step-by-step approach to building a plan that focuses on both the practical and emotional aspects of dealing with cognitive impairment.
- A video panel discussion featuring experts from
Bank of America discussing how cognitive decline is changing how Americans need to prepare for their future, as well as a personal account fromBank of America Merrill Lynch Global Commercial Bank Executive Alister Bazaz , who shares his wife Cecile’s story of living with Alzheimer’s via video and an article.
While there are many chronic diseases that can be a disruptive force in one’s life, new research has found that, across all generations, people cite Alzheimer’s as the scariest disabling condition of later life – more than cancer, strokes, heart disease, diabetes and arthritis combined.
- Partnering with the Stanford Center on Longevity and MIT AgeLab on programs to raise awareness, share knowledge and develop joint projects to further efforts to develop treatments and find a cure for Alzheimer’s.
- Serving as a founding member of the Global CEO Initiative on Alzheimer’s Disease, an organization dedicated to finding a cure for Alzheimer’s by 2025 and increasing public awareness of the disease.
- Helping to found the
Global Coalition on Aging , an organization aimed at reshaping how global leaders approach and prepare for the 21st century's profound shift in population aging. - Conducting ongoing research from
Merrill Lynch (in partnership with Age Wave) andU.S. Trust focused on aging, longevity and health as part of a broader effort to better understand clients’ goals and concerns across seven life priorities, including finance, home, health, family, giving, work and leisure.
1 2015 Alzheimer’s Facts and Figures, Alzheimer’s Association, 2015.
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