Wealth-X

In all major regions, individuals with a net worth of $100m+ will account for 40-50% of total transferred wealth. This significant transfer will fuel demand for personalized financial advisory services, while also igniting interest in high-end luxury goods and real estate. It will also lead to a surge in donations and strategic philanthropic partnerships as a result. Gain valuable insights by accessing Altrata's Family Wealth Transfer 2024 report today – http://spr.ly/60429DabO

According to Wealth-X data, the average age of individuals in North America set to inherit fortunes from parents worth $5 million or more is 46.1 years old. This massive financial shift, involving an estimated $31 trillion, will significantly impact Gen X. Featured on CNBC, the article emphasizes the importance of preparing for this unprecedented transfer. Read more here - http://spr.ly/60469DaN8

Environment and healthcare gain prominence among future wealth beneficiaries. The next generation inheriting wealth shows a greater interest in environmental and healthcare causes compared to the current wealth holders. Although favorite causes remain similar, such as education, arts, and social welfare, beneficiaries exhibit higher engagement across all top causes – https://bit.ly/45udwSU

Wealth managers are using digital tools to enhance prospecting, transforming their approach from reactive to proactive. Platforms like Wealth-X provide detailed profiles on high-net-worth individuals, enabling advisors to target prospects more effectively and build meaningful client relationships. Read more on the expansion of digital growth platforms for wealth managers in FactSet's new article - http://spr.ly/6041gFPot

More than a quarter of world's wealthy worth $5m+ will pass on their fortunes in the next 10 years, with Gen X as the primary beneficiaries. Much is often made in the media of millennial and Gen Z inheritors but, in fact, most heirs (excluding partners) are currently in their mid-to-late 40s. Gain valuable insights into the profiles and strategies of these ultra wealthy individuals in Altrata's Family Wealth Transfer 2024 report – http://spr.ly/6049gqMcD

Despite Asia having more affluent individuals than Europe, only a fifth of the $31 trillion dollars that will be part of the global wealth transfer in the next ten years. This is largely due to the younger average age of Asian donors, with Japan being a notable exception. Unlock the insights shaping the future of wealth management and discover which regions are set to grow in Altrata's Family Wealth Transfer 2024 report - http://spr.ly/6042gyZmo

Today’s younger wealthy generations - those set to inherit nearly $31 trillion in the next ten years - are prioritizing social justice and sustainable impact philanthropy. Altrata’s own D'Arcy Fellona dives into what these changes mean for fundraising in the future in Altrata’s Family Wealth Transfer 2024 report - https://bit.ly/3KEzg4U

Are you struggling to connect with ultra high net worth clients or donors? Capture the attention of this exclusive group. Standing out in the ultra wealthy market is crucial for exceeding targets and achieving success. Discover our time-tested strategy by downloading our latest guide Effectively Prospecting the Ultra Wealthy – https://bit.ly/3XdmmSW

Altrata is a proud sponsor of the #Big12DevConf, AMPLIFY in Stillwater, OK. Come speak to Matt Thompson to learn how we can help you amplify your relationships with the world's wealthiest individuals while advancing your institution’s mission. Unlock valuable insights and strategic solutions to maximize your impact and achieve your goals.

Join Altrata’s own Valentina Guerrini this Thursday for the Chapel & York webinar “Navigating International Prospect Research”. She will discuss essential principles for establishing and advancing an international fundraising strategy. This topic is crucial for both small and large organizations as fundraising has transcended borders. Learn how to leverage the influence of your donor network for better results and more focused efforts. Don't miss this insightful session to enhance your global major giving program, international capital campaigns, or cross-border initiatives.