The Generational Wealth Transfer
Projected Investing Behavior, 2020-2050
$124 trillion moving from Boomers to new generations, driving a shift from traditional 60/40 portfolios to alternative-heavy allocations. Watch how Aaim unlocks the future.
Wealth
Base
Click nodes to highlight wealth flows. Select across columns left-to-right to progressively filter paths. Or just hit the play button and watch how money moves.
THIS IS NOT INVESTMENT ADVICE. 2025 Aaim, Inc. and ReferenceModelTM by Aaim. Projections synthesize Federal Reserve Z.1 Financial Accounts establishing Q4 2020 baseline household wealth at $130.2 trillion (March 11, 2021 release, Table B.101) with Cerulli Associates' validated $124 trillion intergenerational transfer through 2048 (December 5, 2024 report). Alternative asset baseline derives from Preqin's authoritative $10.31 trillion year-end 2019 figure ("Alternatives in 2020," Q1 2020, page 4) with growth trajectories informed by McKinsey Global Private Markets Reviews (2020-2025), Bain's projection of $60-65 trillion private markets by 2032 (August 21, 2024), and Preqin's $32 trillion 2030 forecast (October 16, 2025). Generational allocation differentials validated through Bank of America Private Bank's 31% alternative allocation for younger investors versus 6% for older cohorts (2022 Study of Wealthy Americans), corroborated by Goldman Sachs Asset Management (October 2024) and zerohash research (November 20, 2025). Cryptocurrency baseline anchored to CoinGecko's official $732 billion December 31, 2020 market capitalization with conservative 20% household penetration assumption. Conservative scenario applies 5.5% wealth CAGR versus historical 6-8% range, 34.3% alternative asset penetration by 2050 versus industry outliers suggesting 52%, maintaining methodological alignment with Federal Reserve Distributional Financial Accounts methodology while incorporating Feiveson-Sabelhaus wealth concentration dynamics (FEDS Notes, June 1, 2018).
What You're Looking At
The visualization tracks wealth through four stages: who holds it (generation), how much they have (tier), where it's allocated (asset class), and whether it can back a loan (collateralization status). Each transition is a friction point where traditional banking infrastructure breaks down.
The math is straightforward. $124 trillion transfers from Boomers to younger generations through 2048 (Cerulli Associates, December 2024). Younger investors allocate 31% to alternatives versus 6% for older cohorts (Bank of America, 2022). That wealth needs to be lendable. Traditional systems cannot value it.
The Invisible Wealth Problem
Consider Jane, a millennial with $500K in a venture fund, $200K in crypto, and $100K in startup equity. On paper, she's wealthy. Walk into a credit union and ask to borrow against those assets? They can't even see them in their systems, let alone underwrite them.
Traditional banking infrastructure was built for publicly traded securities, real estate, and deposit accounts. Private equity, cryptocurrency, startup equity, tokenized assets - the systems don't recognize these as collateral. For a growing segment of the population, the assets banks cannot see represent the majority of their net worth.
Where Aaim Fits
We built the infrastructure to surface, value, and custody alternative assets so existing financial institutions can underwrite them. The 4,619 credit unions in the U.S. represent an immediate addressable market - institutions that want to serve their members but lack the technology to see modern wealth.
The demographic transfer is already happening. The infrastructure gap is already real. The question is which institutions build the capability to capture it.
