Richard Miller, Jr. Quoted in Crain Currency Article on Impact of Emerging Wellness Technology on Wealth Planning

Aug. 22, 2025 – Richard Miller, Jr. was quoted in a Crain Currency article on how family wealth planners are managing emerging technologies that are impacting longevity and preventive healthcare.

The article discusses how family planners are now managing services for families hoping to optimize longevity and prevent disease before it appears, such as genomic sequencing, AI-driven diagnostics, full-body scans and predictive health analytics.

“I know at least one situation where the whole family adopted tech,” Miller said in the article. “Whether it’s an iPhone or a Fitbit or any number of technical devices that can be coordinated within the unit to keep track of everyone’s blood pressure, weight, their exercise routines, how many steps they’re taking, all of that.”

While this new technology can allow for the health of multiple generations of a family to be monitored, Miller cautions that before compiling a comprehensive health database, all family member’s participating must give consent.

“There needs to be a great deal of coordination within the family unit in terms of health care decision-making,” Miller said.

The article concludes by discussing some of the risks involved in these new technologies, but ultimately most experts agree that the advantages of providing faster, more comprehensive results are worth it.

“I have clients all the time who are asking me — usually an elderly client, in particular — I really need one person to go to be the quarterback on all my health care,” Miller said in the article. “With these new tools, the next generation will be able to look back at these trends and make better decisions, maybe in terms of lifestyle, knowing ahead of the curve that there may be a tendency for diabetes or a tendency for a certain blood disorder.”

Read the full article.