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.*

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Learn more

Find out how Next Gens in the United States, Canada, and the United Kingdom are responding to the rapidly evolving world around them and, ultimately, where we are in the midst of the current generational transition.

Download the full report

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

Insights for the next generation

Wealth planning

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

As wealth grows, family governance becomes more of a emotional conversation. Here are tips for starting family conversations around wealth succession.

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.

5 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
 

Investment and insurance products offered through RBC Wealth Management are not insured by the FDIC or any other federal government agency, are not deposits or other obligations of, or guaranteed by, a bank or any bank affiliate, and are subject to investment risks, including possible loss of the principal amount invested.

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