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The Great Wealth Transfer is estimated to comprise $124 trillion in assets by 2048, according to the CFA Institute .

Now that we are over halfway there, we can see how differently the new wave of ultra-high-net-worth (UHNW) Millennials approaches investing, saving and overall values around wealth compared to previous generations.

Baby Boomers, for example, have been known to value legacy, privacy and long-term stewardship. As a result, their wealth plans have been rooted in building wealth through hard work and typically lean towards structured estate planning and cautious investments.

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