A seismic generational and demographic shift is underway. Seventy-seven million members of the “Millennial” generation—those born between 1980 and 1995—have entered adulthood. These young adults are already having a profound impact on all aspects of our society, from culture to technology to politics, and are reshaping the world around us as profoundly as the generations that came before.
Campden Wealth and OppenheimerFunds have partnered to examine Millennials through a different lens, with a particular focus on understanding the needs and intentions of the next generation of wealthy families in North America.
The Proving Worth study is the first to focus specifically on the unique perspectives of ultra-high-net-worth (UHNW) Millennials. Our research reveals some attitudes held in common with earlier generations, along with notable differences.
The Millennials we spoke to share an undeniable commitment to philanthropy and a strong desire to preserve wealth for future generations. They are also passionate about forging a lasting and positive impact on the world.
Follow @OppFunds for more news and commentary.
These views represent the opinions of OppenheimerFunds and are not intended as investment advice or to predict or depict the performance of any investment. These views are as of the publication date, and are subject to change based on subsequent developments.
Campden Wealth is the leading independent provider of information, education and networking for generational family business owners and family offices globally in person, in print, via research and online.
Campden Research supplies market insight on key sector issues for its client community and their advisers and suppliers. Through in-depth studies and comprehensive methodologies, Campden Research provides unique and proprietary data and analysis based on primary sources.
Campden Wealth also publishes the leading international business titles CampdenFB, aimed at members of family-owned companies in at least their second generation and CampdenFO, the international magazine for family offices and private wealth advisers. Campden Wealth further enhanced its international reach and community with the acquisition of the Institute for Private Investors (IPI), the leading membership network of private investors in the United States, founded in 1991.
To learn more please visit campdenresearch.com.
Campden Wealth and OppenheimerFunds, Inc. are unaffiliated companies