The Northern Trust Institute

Insights for Multigenerational Families

Create cohesive visions for wealth management across generations with expert advice.

Arrow link to jump to main content below

The Journey Across Generations

Successful multigenerational wealth management is often elusive. Navigate generational divides and build a plan for future generations by understanding the challenges and establishing a process.

Journey Step 1

Align

Strategies to enhance family unity, governance and financial acumen.

Navigate to Strengthening Family Governance During COVID-19
Family

Strengthening Family Governance During COVID-19

Focus on our family commitments, culture and vision.

Navigate to Five Steps for Establishing Family Governance
Family

Five Steps for Establishing Family Governance

Communicate with purpose and establish a shared vision.

Navigate to Overcoming Obstacles to Financial Education
Family

Overcoming Obstacles to Financial Education

Prepare the next generation for financial responsibility.

Navigate to Navigating Generational Divides
Family

Navigating Generational Divides

Establish a plan to manage wealth together.

Journey Step 2

Prepare

Advice to protect, preserve and grow your wealth for generations to come.

Navigate to Election 2020: Wealth Planning Considerations
Impact

Election 2020: Wealth Planning Considerations

Wealth planning strategies for the Biden Tax Plan.

Navigate to Six Wealth Planning Strategies for Stressed Markets
Wealth

Six Wealth Planning Strategies for Stressed Markets

Seize opportunities created by the market downturn.

Navigate to Transfer Wealth Purposefully with a Statement of Intent
Family

Transfer Wealth Purposefully with a Statement of Intent

Set your family up for success by sharing your intentions.

Navigate to A Stress Test For Your Estate Plan
Family

A Stress Test For Your Estate Plan

Are there surprises lurking in your plan?

Journey Step 3

Engage

Insights to create a lasting family legacy across generations.

Navigate to 7 Ways to Support Charitable Giving During COVID-19
Impact

7 Ways to Support Charitable Giving During COVID-19

Learn new demands and opportunities for giving.

Navigate to Rethink Giving: Newer Ways to Make an Impact
Impact

Rethink Giving: Newer Ways to Make an Impact

Explore new charitable giving opportunities.

Navigate to 10 Steps to Reduce your Risk of Cyber Fraud
Wealth

10 Steps to Reduce your Risk of Cyber Fraud

Reduce your risk of identity theft and fraud.

For Advisors

Modern Trust Provisions Collection

Evolve your clients’ trusts and wills with these 26 provisions.

Explore Specialized Advice

MEET WITH US TO OPTIMIZE YOUR WEALTH PLAN

Guided by the Northern Trust Institute’s evidence-based approach, our advisors can recommend strategies that have proven most effective for clients like you. Request a meeting to begin improving your plan.

Let's Collaborate

About the Institute

The Northern Trust Institute is a collaboration of more than 175 experts who harness insights from real-world client outcomes and equip our clients with advice that is tested, meaningful and timely.