Private Bank Study of Wealthy Americans (2024) | Bank of America
Source: matthew Sigel
"About $84 trillion is expected to pass from seniors and baby boomers to Gen X, millennials and their heirs through 2045" - BofA
-Crypto / digital assets is the 2nd most favored "greatest opportunities for growth" for those 21-43
- Self-identified "Conservative" investors aged 21-43 actually allocated more to crypto than "Moderate" and "Aggressive" investors. -Assuming this age bracket (21-43) will inherit half ($42T) of Boomers' wealth and allocate a constant 14% to Crypto, $6T could flow into digital assets from inheritance alone, or about $300B / year for the next 20 years.
Source: 2024 Bank of America Private Bank Study of Wealthy Americans
References
Disclaimer: Orignal content owned by or sourced from third parties. It does not represent the views of 'Nuggets' platform or it's team. AI is used extensively across this platform including for summaries. Accuracy is not guaranteed, there can be mistakes. Any info or content on this platform is not a financial, legal, or investment advice. Do your own research. Refer for complete disclosures:- Terms of Use · Full Disclaimer
Related nuggets
Jun 2, 2026
AI Is Escaping the Screen | 01 Jun 2026 | Coatue
Coatue : AI is entering a new phase: moving beyond digital tools and into fully autonomous systems operating in the physical world. From advanced manufacturing and surgical robotics to robots in the home, the next wave of innovation will b…
Jun 2, 2026
Kalshi Monthly Volume - Politics ($M) | Chart of the Day | Coatue
Coatue: Kalshi's political volume has scaled dramatically, and the American Power Index KPOW is what that scale enables: a single number gauge of the current balance of political power and where markets expect it to move, which Kalshi bill…
Jun 2, 2026
The BlackBerry Problem |18 May 2026 | The Mistakes Series | Malcolm Gladwell's Revisionist History
"My mistake and naivity was to think that people are were with me so you're flying around the world you're trying to get people on side and you think they're on side but they're not mhm mhm and you get blindsight" Jim Balsillie 00:01:34 ht…
Jun 2, 2026