Currently, over $10 trillion in wealth is managed by families, with an estimated $124 trillion expected to be passed down from Boomers to Gen Xers, Millennials, and Gen Z in the next two decades.

This shift will influence how wealth is managed, as families increasingly strive to align their investments with their values.

Unlike institutional investors, families can quickly respond to social and environmental issues.

This has led to a transition from traditional charity models to strategic philanthropy, which focuses on long-term systemic change rather than just immediate assistance.

For instance, supporting early childhood education programs instead of simply donating supplies. 📚✨

Impact investing, where investors aim to achieve both social/environmental impact and financial returns, has gained traction, with over $1 trillion invested globally.

According to the Global Impact Investing Network (GIIN), key characteristics of impact investing include intentionality for social impact, financial returns, impact measurement, and varied financial expectations.

Many investors report that their portfolios have met or exceeded expectations regarding both impact and returns. 📈💪

Linda Sacks and Kate Rees help family offices, ultra-high-net-worth families and advisors optimize their wealth for social, environmental, and financial benefits. 🤝🌱

We want to thank Linda Sacks for the note.

General Disclaimer:
All content is for informational purposes only and does not constitute legal, tax, investment, or professional advice.