What is Generational Wealth?
Generational wealth refers to the assets, financial, business, intellectual, and social, passed down from one generation to the next within a family. For family offices, it goes beyond inheritance. It’s about designing structures and systems that can support long-term stewardship, aligned values, and evolving family needs over time.
For a deeper dive, explore our full guide on generational wealth by clicking here.
At its core, generational wealth includes investment portfolios, real estate holdings, operating businesses, and philanthropic foundations. But it also encompasses governance frameworks, family constitutions, succession planning, and the transmission of financial literacy, culture, and decision-making skills. It’s as much about continuity and cohesion as it is about capital.
Building and sustaining generational wealth requires intentional strategy. Families must plan across decades, not quarters, setting up the right structures, involving the next generation early, and integrating professional guidance. As discussed in our succession planning guide and governance insights, the most resilient families treat wealth as a tool for empowerment, not just preservation.
