The Rise Of The Digital Native

In the second in our Blog series building on our Generation Game report and subsequent round table discussion, David Webster and Rebecca Fisher reflect on the rise of the next generation of UHNWIs and the growing interest in digital assets - from cryptocurrency to the metaverse.

When we published "Generation Game: the Great Wealth Transfer and the Outlook for Families in 2021 and Beyond" in March 2021 our primary focus was on the issues about which wealthy families are forced to have difficult conversations: business interests; investments; how wealth is governed and used, and personal, mainly familial, relationships.

The spur for our report was the fact that a so-called 'great wealth transfer' is on the horizon. The next generation is set to inherit huge sums over the next few decades (£5.5 trillion according to Barclays).