💸 The largest wealth transfer in history is happening – but will younger investors play by the same rules? The FT reports that over $𝟭𝟬𝟬 𝘁𝗿𝗶𝗹𝗹𝗶𝗼𝗻 will pass from boomers to their heirs in the next 25 years. Yet, 𝟳𝟬% 𝗼𝗳 𝗳𝗮𝗺𝗶𝗹𝗶𝗲𝘀 𝗹𝗼𝘀𝗲 𝘁𝗵𝗲𝗶𝗿 𝘄𝗲𝗮𝗹𝘁𝗵 by the second generation. Key Takeaways: 🚩 𝗕𝗶𝗴𝗴𝗲𝘀𝘁 𝗦𝗵𝗶𝗳𝘁 𝗘𝗩𝗘𝗥: $18 trillion globally by 2030 – a record-breaking intergenerational transfer. 🚩 𝗡𝗲𝘅𝘁-𝗚𝗲𝗻 Investors 𝗧𝗵𝗶𝗻𝗸 𝗗𝗶𝗳𝗳𝗲𝗿𝗲𝗻𝘁𝗹𝘆: • 72% of younger investors believe traditional stocks and bonds won’t deliver above-average returns. • 3x more focus on alternative assets like crypto, start-ups, and private equity. • Nearly half already own cryptocurrencies; 45% own physical gold. • High Risk, High Reward: Heirs aren’t just preserving wealth - they’re redefining what wealth looks like. 🔑 As the next generation reshapes portfolios, 𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲𝗱 𝗽𝗹𝗮𝗻𝗻𝗶𝗻𝗴 𝗶𝘀 𝗰𝗿𝘂𝗰𝗶𝗮𝗹 to keep risk in check and ensure wealth endures. Chandrima Das Martin Pickrodt #WealthTransfer #NextGenInvesting #FamilyLegacy #IntergenerationalWealth
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Our first-ever Multipolitan Wealth Report: Navigating the Future of Wealth 2024 is all about a world in transition—generations coming together to redefine wealth, finding new ways to balance financial preservation with well-being. It’s a story of ambition, adaptability, and making sense of an ever-changing world. Thank you Finews AG for shining a spotlight on this journey! And, of course, we couldn’t have done it without the incredible support of so many passionate commentaries! It’s inspiring to see such diverse perspectives come together, each bringing something unique to the table. Together, we’re facing the future with purpose and determination. #WealthReport2024 #FutureOfWealth #RedefiningWealth #GlobalWealthTrends #Longevity #Bitcoin #Crypto #Wine #VintageCars #FamilyOffices #Tax #ResNonDom #AI #Gold #InvestmentMigration #Tokenisation #FamilyWealth #Fitness #MentalHealth #PreventiveMedicine #FinewsAG #Multipolitan Explore the full article here:
How Millennials Are Reshaping Global Wealth
finews.asia
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Did you know the "Great Wealth Transfer" isn't just for trust fund babies? An unprecedented amount of wealth is going to go to average Joe and Jane. This era could redefine not just personal wealth, but societal wealth. But here's the twist: Most aren't ready to manage, deploy, or grow this wealth. This isn't a story of luxury; it's a tale of responsibility and opportunity. Imagine millions, untrained in wealth management, suddenly affluent. I'd be scared about what so many people would do with such a sudden windfall. More car sales? More crypto moonshots? It's not about the rich getting richer; it's about the unprepared getting a chance. How do we equip this new wealth generation with the tools they need? Financial literacy is no longer a luxury; it's a necessity and using it to really deploy your windfall intelligently is something everyone should learn. Because knowledge, not just wealth, decides who truly prospers. Amazing read! https://lnkd.in/d4pDizKR
Millennials are about to become the 'richest generation in history' thanks to $90 trillion wealth transfer, according to new report
fortune.com
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📉 Younger Generations Are Shifting Away from Stocks 📈 The Wealthy Millennials & Gen Z Are Investing More in Alternative Assets Like Art and Crypto. This trend is critical as we approach an $84 trillion intergenerational wealth transfer by 2045, 42% of which will come from high-net-worth individuals. 🤯 70% of investors aged 21-43 believe it is no longer possible to achieve above-average returns solely through stocks and bonds. Then, what are the Alternatives on the Rise? 🔹 Younger investors allocate 3x more to alternatives like private equity, real estate, cryptocurrencies, and gold compared to older generations. 🔹 93% plan to increase allocations to alternatives in the coming years. 🔹 Nearly half (49%) own crypto, and 38% are exploring it further. 🔹Gold is back—45% own it, and another 45% are interested. What’s at stake? 💡 Reduced demand for listed stocks could reshape capital markets, especially as unicorns stay private longer—or permanently. 💡 The growing interest in private equity is fueling innovation, such as tokenizing private investments for broader accessibility. The implications for asset managers, startups, and corporate strategists are massive. While the shift away from stocks could be temporary, it’s clear younger investors are rewriting the playbook for future growth. Don’t lose faith in future generations, data shows that younger donors are 2x more likely to focus on homelessness, social justice, and climate change. 🍃 #Investing #WealthManagement #Crypto #PrivateEquity #GenerationalShift
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Younger investors are redefining wealth-building strategies beyond traditional stocks and bonds. According to a recent Bank of America report, 72% of affluent Americans aged 21 to 43 believe it's no longer possible to achieve superior returns through conventional investments alone. Instead, Millennials and Gen Z are turning to alternative investments such as collectibles to diversify portfolios, precious metals - especially gold - to hedge against inflation, and real estate, which remains the top choice when it comes to which investment offers the greatest opportunity for growth. Fractional/tokenized real estate stands out as the most strategic and creative form of alternative investing among these wealthy Americans, as it allows them to buy into a portion of a property and earn monthly passive income and high returns without having to do the underwriting, maintenance and upkeep that comes with ownership. Experts recommend balancing traditional investments with 10-20% of alternative options, using the power of time and compounding for long-term growth. https://lnkd.in/eKPTZZfW #Investing #WealthBuilding #FinancialLiteracy #Millennials #GenZ #Blockchain #RWA #Tokenization #web3 #RealEstate #PropTech #Defi #FinTech #AlternativeInvestment #InvestmentOpportunities #WealthManagement #DigitalAssets #Innovation #Mogul #Reental
Younger Generations Are Buying These 4 Alternative Investments — Should You?
finance.yahoo.com
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The Great Wealth Transfer is here. Over the next 20 years, an estimated $84 trillion will shift from baby boomers to Gen X, millennials, and Gen Z. This unprecedented wealth transfer brings both opportunities and challenges. Join experts Marshall Moore and our guest Dave Sprague as they unpack strategies for effective estate planning, financial education, and bridging generational gaps. https://hubs.ly/Q02S1BhZ0 👉 For more insights, connect with us at On Tap Credit Union! #WealthTransfer #FinancialPlanning #GenerationalWealth
Understanding the Great Wealth Transfer: Insights and Strategies
blog.ontapcu.org
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🧠 Investment Preferences Across Generations & the Role of Advisors 📊 Baby Boomers (1946-1964): Focus: Stable income and capital preservation (bonds, dividend stocks, estate planning). Role of Advisors: Ensure financial security in retirement and guide estate planning for wealth protection. Gen X (1965-1980): Focus: Balancing risk and reward, retirement planning, and children's education savings. Role of Advisors: Help navigate competing financial priorities and offer tax-efficient strategies. Millennials (1981-1996): Focus: Flexibility, sustainability (ESG), and low-cost investments. Role of Advisors: Provide tech-driven, transparent solutions, and guide responsible investing aligned with personal values. Gen Z (1997-2012): Focus: High-risk investments like crypto, NFTs, and meme stocks. Role of Advisors: Educate on financial discipline and help develop long-term strategies amidst market volatility. Overall: Advisors create personalized financial roadmaps that meet each generation’s unique goals and preferences, helping them make informed investment decisions. #InvestmentTrends #FinancialAdvisor #GenZInvesting #WealthManagement #InvestmentStrategy #ESGInvesting #Crypto #RetirementPlanning #FinancialLiteracy #InvestmentEducation #WealthBuilding Source of the photo below - istockphoto.
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Every billionaire on earth under the age of 30 inherited their wealth. That’s according to Forbes’s billionaires list for 2024, which features 15 individuals with 12-figure wealth aged 30 or under—who have a combined fortune worth nearly $45 billion. The eye-watering sum, and the fact that these riches are handed down, is an indicator at the top of the ladder of the incoming “great wealth transfer.” According to property broker Knight Frank’s 2024 Wealth Report, some $90 trillion in assets will move down the generations over the next few decades, making affluent millennials “the richest generation in history.” Read more: https://lnkd.in/ev_vCVPv
Every billionaire under the age of 30 inherited their fortune, new report finds
fortune.com
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Every billionaire on earth under the age of 30 inherited their wealth. That’s according to Forbes’s billionaires list for 2024, which features 15 individuals with 12-figure wealth aged 30 or under—who have a combined fortune worth nearly $45 billion. The eye-watering sum, and the fact that these riches are handed down, is an indicator at the top of the ladder of the incoming “great wealth transfer.” According to property broker Knight Frank’s 2024 Wealth Report, some $90 trillion in assets will move down the generations over the next few decades, making affluent millennials “the richest generation in history.” Read more: https://lnkd.in/ev_vCVPv
Every billionaire under the age of 30 inherited their fortune, new report finds
fortune.com
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Every billionaire on earth under the age of 30 inherited their wealth. That’s according to Forbes’s billionaires list for 2024, which features 15 individuals with 12-figure wealth aged 30 or under—who have a combined fortune worth nearly $45 billion. The eye-watering sum, and the fact that these riches are handed down, is an indicator at the top of the ladder of the incoming “great wealth transfer.” According to property broker Knight Frank’s 2024 Wealth Report, some $90 trillion in assets will move down the generations over the next few decades, making affluent millennials “the richest generation in history.” Read more: https://lnkd.in/ev_vCVPv
Every billionaire under the age of 30 inherited their fortune, new report finds
fortune.com
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Every billionaire on earth under the age of 30 inherited their wealth. That’s according to Forbes’s billionaires list for 2024, which features 15 individuals with 12-figure wealth aged 30 or under—who have a combined fortune worth nearly $45 billion. The eye-watering sum, and the fact that these riches are handed down, is an indicator at the top of the ladder of the incoming “great wealth transfer.” According to property broker Knight Frank’s 2024 Wealth Report, some $90 trillion in assets will move down the generations over the next few decades, making affluent millennials “the richest generation in history.” Read more: https://lnkd.in/ev_vCVPv
Every billionaire under the age of 30 inherited their fortune, new report finds
fortune.com
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