NEW YORK, Nov. 2, 2016 /PRNewswire/ -- While many advisor-client relationships weaken with each passing generation, overall, a majority of advisors believe they will continue to manage at least a part of their clients' assets for multiple generations, according to new research released today by Everplans, the online estate and legacy planning platform, and Cerulli Associates, a global research and consulting firm that specializes in worldwide asset management and distribution analytics. Of the more than 200 financial advisors surveyed, 90 percent believe they will continue to manage at least a portion or all of the assets once passed on to their clients' children, despite the fact that only seven percent of clients' children know the advisor. Photo - http://photos.prnewswire.com/prnh/20161102/435471 "In a relationship-focused business, advisors must make time for building better relationships - not just better businesses," said Everplans co-founder and co-CEO Abby Schneiderman. "Advisors inherently understand that they should be focusing on the next generation, but turning those good intentions into action is sometimes easier said than done. Everplans' holistic planning tool helps advisors have more meaningful conversations with clients and can be the perfect ice breaker in establishing good relationships with spouses as well as the next generation." A vast majority of advisors (95 percent) has a relationship with their clients' spouses, but only two-thirds of their clients' spouses are clients of the advisor. Still, 75 percent of advisors surveyed remain confident that when their clients pass, spouses will keep assets with the advisor, even if they weren't the primary client. What if the money is passed to a grandchild? Half of all advisors believe the assets will stay right where they are even though 92 percent of advisors are unacquainted or only quasi-acquainted with their clients' grandchildren.