One in three advised families use the same financial adviser across generations, according to a new report by savings and investments firm M&G Wealth.

According to the report - Family Wealth Unlocked - of those who have an adviser, 57 percent share them with their parents - including biological, step and adopted. While 65 percent share an adviser with their grandparents and 34 percent share with their in-laws/partner’s parents.

As the cost of livi...