The wealth transfer could change not only individual ... Not represented in the Federal Reserve data are the youngest generation, Gen Z. Born between 1997 and 2012, the oldest members of the ...

A major reason for that disparity is the transfer of wealth from generation to generation. A 2018 analysis by the Federal Reserve reported that “the bulk of intergenerational transfers are ...

Dubbed the Great Wealth Transfer, the shift of assets from ... wealth distribution and asset ownership data from the Federal Reserve, as well as studies from investment banking and real estate ...