How much money is changing hands between generations in the next 25 years?

An estimated $84 trillion in wealth will transfer hands across generations in the United States over the next 25 years. This is the largest generational wealth transfer in history. The number comes from Cerulli Associates and is widely cited across wealth management research. Most of it will move from baby boomers to Gen X and millennial heirs. Studies suggest about 80 percent of those heirs will fire their parents' financial advisors within the first two years of inheriting. Kris Kluver, in The Dysfunctional Family Office, treats this not as a banking opportunity but as a family readiness problem. Most of the wealth will pass through families that have never talked openly about what the money is for.