Shaping tomorrow, today

 

The next generation of global enterprising families

Against a backdrop of unprecedented uncertainty, how will the Next Generation (Next Gen) of ultra-high-net-worth (UHNW) families navigate the complexities of succession planning, family dynamics, longevity and legacy? The next generation of global enterprising families: shaping tomorrow, today, 2020 report explores the motivations, insights and attitudes of those who have the power to shape the world around us.

A snapshot of key findings

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Wealth concerns are widespread

54% of Next Gens are worried they will lose the wealth their family has created.*

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Transition within family enterprises

43% of Next Gens have already assumed control of the family business/management of wealth.*

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Health challenges prevail

49% of Next Gens are concerned about their own health and rank health as one of the top three challenges they face.*

* RBC / Campden Wealth, The Next Generation of Global Enterprising Families: Shaping Tomorrow, Today, 2020

Our perspectives

Recorded in January 2021.

Global market outlook and the importance of socially responsible investing

How has the global economy shifted during the pandemic? Listen to RBC’s Hermann Leiningen, Eric Lascelles and Ben Yeoh discuss the last 12 months and the growth of ESG investing.


In partnership with Campden Wealth: Virtual events for the next generation

Date Time Event Registration
Jul 13, 2021 1:00 p.m. EST

“When should I start a family office?” “How do I evolve my family office?” These are daunting questions facing many members of the next generation. Find out how one family overcame these hurdles.

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Sep 14, 2021 1:00 p.m. EST Register
Oct 21, 2021 1:00 p.m. EST

It’s often cited that without proper succession planning, family wealth can be diminished over three generations. Learn what steps you can take to implement a strong governance structure and create a plan for all members of the family, including those working inside or outside of the family enterprise.

Register
Nov 23, 2021 1:00 p.m. EST

Event details coming soon.

Register

Insights for the next generation

Your finances

How to start a conversation around a prenuptial agreement

It sets the foundation and expectations well in advance of having a conversation about a prenup to avoid a surprise.

4 minute read
Investing

Raising the next generation to live more sustainably

Educating the next generation around sustainability can help leave a lasting impact on generations to come.

4 minute read
Wealth planning

Does your family have a succession plan? Tips for maintaining family harmony

Harmony across families can be maintained by having multi-generational dialogue. Learn how you can start the conversation with your loved ones.

6 minute read
Health care

Helping the Sandwich Generation balance health care needs for their global family

Navigating health care, either in-person or online, can be a challenge for many families. Learn about preparing for health care today—and tomorrow.

4 minute read
Global wealth

Cross-border wealth planning: How to manage your family’s global interests

As your wealth–and family members–become more global, we explore cross border banking, tax planning, and estate planning considerations.

4 minute read
Charitable giving

Collaborative philanthropy: How the next generation is teaming up to create lasting change

A new generation of passionate changemakers are hoping to take on collaborative philanthropy. Here are some tips to making a greater impact.

5 minute read