Advice for Next Generation Investors

At our NextGen Leaders Connect event in 2025, rising-generation family members gathered for discussions about wealth management, entrepreneurship, leadership, and legacy. We were joined by an incredible group of guest speakers who shared insights from their careers, and talked openly about their experiences as wealth creators and inheritors. Download the full report for advice from our panel of industry leaders and insights from our audience.

Here’s a recap of some of the topics we discussed:

Prioritize Open Communication and Family Engagement

Managing wealth is not just a technical endeavor. It’s deeply personal and often intertwined with family dynamics. But it’s imperative to initiate open, honest conversations about wealth, values, and legacy within families. While these discussions can be challenging, they are critical for building trust, setting shared goals, and preparing future generations for stewardship. Next generation investors should work with family members to create an environment where questions are welcomed, and where each family member’s voice is heard and respected.

Invest with Purpose and a Long-Term Mindset

There’s power in aligning investments with personal values and a broader sense of purpose. Whether through impact investing, philanthropy, or supporting causes like women’s sports and entrepreneurship, next generation investors have the opportunity, and responsibility, to use their capital to drive meaningful change. This requires clarity about one’s goals, a willingness to think beyond short-term returns, and the courage to pursue opportunities that reflect both financial and societal ambitions. Legacy is built not just through wealth accumulation, but through the positive impact one creates for future generations.

Embrace Lifelong Learning and Peer Collaboration

Next-generation investors are encouraged to seek out educational opportunities—not just in technical investment skills, but also in areas like family governance, philanthropy, and responsible investing. Engaging with peers who share similar challenges and ambitions can provide invaluable perspective, foster accountability, and help build a supportive network. The willingness to ask questions, share experiences, and learn from both successes and setbacks is a hallmark of effective leadership and stewardship.

Build a Trusted Network of Advisors and Mentors

Personal success is bolstered by advisors and mentors who offer both expertise and integrity. Next generation investors should be proactive in identifying professionals who are not only technically skilled but also aligned with their values and long-term vision. These relationships can help navigate complex decisions, provide objective guidance, and serve as sounding boards for new ideas. Building this network early and nurturing it over time is essential for making informed choices and maintaining confidence in one’s investment journey.

Download the report for the full list of takeaways, or explore our collection of resources to dive deeper into how future family leaders can shape legacies and generate success.