Generation Z and younger generations (ages 27 and younger) are expected to inherit over $15 trillion. "I think sustainability and the whole ESG narrative is extremely robust [among younger generations]," the Multipolitan CEO added. 'Centers of innovation'Another major shift can be seen in how some family offices are run. "The whole idea of family offices is less rigid than it used to be... Family Offices have become centers of innovation," said Handa. Having grown up in the age of digitization, the younger generations of wealthy families are investing more into technology and startups.

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Persons: Nirbhay Handa, Handa, Martin Roll, you'll Organizations: Cerulli Associates, Goodboy, CNBC, McKinsey, Company, Nirbhay Locations: United States, America, Europe, U.S