Next video:
Loading the player...

Investopedia spoke with financial advisors and students about the impending wealth transfer from aging parents and grandparents to their children. Over the next 30 years, trillions are expected to shift to younger investors, many of whom are wary of the financial industry. 

Related Articles
  1. Personal Finance

    How Millennials Invest Differently Than Their Parents

    A new UBS report suggests that millennials are less concerned about building wealth in the long-term than their Baby Boomer parents.
  2. Financial Advisor

    The Great Millennial Wealth Shift

    Dr. Mohamed El-Erian shares his advice for the financial industry and younger generations poised to inherit trillions from aging parents and grandparents.
  3. Tech

    Why Boomers And Millennials' Portfolios Are Incomparable

    Discover the investment styles of baby boomers and millennials, and learn why the baby boomer portfolios are bigger and more diversified than the millennials.
  4. Financial Advisor

    How Big Is the Wealth Management and Financial Advisor Industry?

    Learn about the world's $74 trillion in managed assets, and why the wealth management industry is drastically different following the financial crisis of 2007-2008.
  5. Insights

    Millennials: They're Doing Worse Than Boomers Did

    Why Millennials doing worse than their Boomer parents did at their age affects us all.
  6. Tech

    What Makes Millennial Savers Unique?

    Millennials entered the job market at a lousy time and owe lots of dough for school. That said, they're still saving like champs, albeit in unique ways.
  7. Retirement

    The Generation Gap in Retirement Savings

    Baby Boomers may be closer to retirement, but compared to Millennials, they’re less likely to be on track with their savings.
  8. Managing Wealth

    How to Find the Best Wealth Manager

    Finally there exists a small number of financial advisors who can be considered modern wealth managers. Here's how to find them.
  9. Financial Advisor

    Advisors: Transition to Retirement With the Next Generation in Mind

    The average age of a financial advisor is 50, which means succession issues are on the horizon.
  10. Financial Advisor

    Advice for Family Wealth Transfers

    Communication and planning are important when transferring parents' wealth to the next generation and making sure they are cared for properly in old age.
Trading Center