Boomers are retiring in droves. Generation X is not far behind. Millennials are taking charge of family fortunes. Now what?
Over the next 40 years, $30 trillion in financial and non-financial assets will pass from Baby Boomers to their heirs in North America, according to management consultants Accenture.
With so much capital in play private banks are keen to keep the millennial children of wealthy families sweet.