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Next Generation (NextGen)

Related terms: next generation, next-gen engagement, family office, impact investing, digital assets

What is Next Generation (NextGen) in Family Offices

Next Generation (NextGen) refers to the children and grandchildren of the founders of a family office. These individuals are often groomed to take on leadership roles within the family office, ensuring the continuity of family values, wealth management, and legacy planning. They play a crucial role in adapting the family office’s strategies to align with modern trends and values.