Next-Gen Engagement

Related terms: next generation (nextgen), next-gen engagement, family office, impact investing, digital transformation

What is Next-Gen Engagement in Family Offices

Next-Gen Engagement refers to the active involvement of the younger generation in the wealth management and decision-making processes within family offices. This approach aims to prepare them for future responsibilities by equipping them with the necessary skills and knowledge to manage family wealth effectively.

Benefits of Next-Gen Engagement

Engaging the next generation offers several benefits, including ensuring continuity in family wealth management, fostering innovation through fresh perspectives, and strengthening family bonds by aligning values and goals across generations.

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