In New York Morning Trade, the major U.S. stock averages are lower, but this does come after the Nasdaq and S&P 500 closed at another record high yesterday, with tech leading April's rebound.
Now, the great wealth transfer, referring to the estimated $84 trillion passing through boomers to younger generations, And instead of just changing names on accounts, family offices as well as young investors might want to collaborate on purpose-driven wealth that has an impact on the world.
And one impact of the Great Wealth Transfer is the acceleration of women's financial literacy.
AI has broken down technological barriers as well as the financial world, seeing a massive influx of female capital.
Joining me live here at the New York Stock Exchange to weigh in is Margareth Johana González Avila, founder & CEO of Capital Variation.
Thank you so much for joining me.
Thank you so much for having me here.
It's a pleasure.
Nice to meet you.
Well, here we are and we are looking at the major U.S. stock averages lower on the session, but we do have to keep in mind that new records have been breached here.
So what is your view of where the markets stand right now?
I feel like there is a lot of capital that has been gone through listed to private sector.
My company does a lot of work with family offices and institutional investors have been seeing that trend.
So they are very worried about where their legacy investments are going to be transferred from like right now to the next generation.
So there is a lot of a lot of companies that are looking into the private sector.
And so we're here to identify those trends which have been predominantly in the. digital asset space and financial instruments such as institutional capital alignment.
Yeah.
And we continue to hear about this great wealth transfer.
And the reality is that all of us are living longer compared to previous generations here.
So tell us about the conversations that you're having with your stakeholders.
Yeah, so I think healthcare, longevity, I think those are industries that are going to be predominantly in the trend within the next 10 to 20 years.
A lot of family offices are more worried about their legacies, their children and the next generation.
So they're putting a lot of more attention and intention into investments, into healthcare. and digital assets, as well as investments.
And we all know that here on Wall Street, we continue to monitor what happens outside of the U.S., so other regions.
And heading into 2026, we're talking about the opportunities and investing in markets outside of the U.S., whether we're talking about Europe, the Middle East, Asia, or even emerging markets here.
So what opportunities are you currently watching?
Yes.
So I think a margin market is going to be a huge trend right now.
You know predominantly in Latin America there is going to be a lot of the big transfer of wealth for the next gen set.
And so I feel that we should look at those markets more in detail because it's a lot of younger generations that are worried about you know what they eat every day what they put in their bodies.
And also, Asia, I think, is a market that we should never underlook.
It's a huge, huge market.
And then there's a lot of possibility to do like high-risk investments, of course, like everything in the emerging sector.
But definitely in Asia and Latin America, it's in the trend.
And finally, before I let you go, I do want to ask you about sustainable investing.
What does that look like in 2026?
I think impact investing should be in every family office portfolio, right?
So anything that relates to having curated a portfolio for the next generation of their families is important, right?
So we should always look at which companies or which family offices lack of that specific industry. and then we should do anything that actually allows them to be part of those systems, yeah.
