By 2030 Millenials Will Control $20 Trillion in Assets Globally, Banks, Investing Platforms Are Struggling to Catch Up
Nov 7 · 1 min read

Smartlands has been betting on the millennials from the company’s humble beginnings, and it appears that the strategy is about to pay off big time. According to a report by tech market intelligence firm CB Insights, the market for investing is changing rapidly and incumbents are struggling to satisfy the needs and expectations of younger generations of investors.
By 2030, Millennials are expected to hold five times as much wealth as they do today, controlling as much as US$20 trillion of assets globally. Their parents, the baby boomers, are set to pass down another US$30 trillion by 2050 in North America alone.
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The story first appeared on www.smartlands.io

