The Washington Post - 26.08.2019

(Steven Felgate) #1

MONDAY, AUGUST 26 , 2019. THE WASHINGTON POST EZ RE A


The future poses many questions


as millennials stand to inherit a


whopping $30 trillion* over


the next 30 years—the largest


wealth transfer we’ve ever


seen. Most notable is how this


entrepreneurial generation is


choosing to invest both their


created and inherited wealth as


forces for good. By aligning with


like-minded organizations that


are sustainable and philanthropic,


and demanding improved


transparency around impact,


millennials are paving a worthier


way for future investors.


HOW WILL THE NEXT


GENERATION CHANGE THE


FACE OF PHILANTHROPY?


To watch Mandell’s Morgan Stanley Minute on


“Managing Wealth With Purpose,” go to morganstanley.com/w


I AM MANDELL CRAWLEY


Head of Private Wealth Management


*Source: Forbes: “The Millennial Wealth Transfer,” August 28, 2018
© 2019 Morgan Stanley Smith Barney LLC. Member SIPC. CRC 2656144 08/

ealth-purpose.

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