A recent white paper from UBS states that Wall Street is at the precipice of a massive transfer of wealth, the likes of which has never been seen. In just 3 years global millennial wealth could stand at $24 trillion, up $7 trillion from 2015.
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Millennials are about to benefit from 'one of the largest intergenerational wealth transfers in hist
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According to the Swiss bank, Wall Street is at the precipice of a massive transfer of wealth, the likes of which has never been seen. Older millennials are approaching "peak income" age and Baby Boomers, the generation born following WWII, are set to pass on trillions of dollars of wealth in the coming years to younger generations.
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