High-net-worth families meticulously plan their financial legacy, asset protection and philanthropic endeavours — all done to secure the future of their children.

Preparing your next generation for success, leadership and responsible wealth stewardship is one of the most critical steps for ensuring your family’s continued prosperity. Research shows that about 70% of wealthy families lose their wealth by the second generation, and 90% by the third generation.

60% of family offices say preparing the next generation for responsible ownership was a key concern. However, only one in five HNW families has an education program in place for that purpose.

According to the CFA Institute, “For wealth planners, communication, education and preparation are key to enabling wealthy families to keep their wealth across generations.”

Cees Jan Quirijns, Bolder Group’s Global Head of Family Wealth & Governance Solutions, said a succession plan must not only include the strategies for wealth protection but also preparing the next generation for their future roles.

“Our private wealth team at Bolder works very closely with our clients and their advisors to design a wealth plan that not only protects their assets but also ensures their wealth grows. We do this by identifying the best structures for our clients and maintaining their tax and legal status to remain compliant with local and international laws. Additionally, we design a succession plan which covers family governance and multigenerational planning, where we involve the children and next generation to develop a sense of accountability and ownership.”

Through our lifestyle management services, specifically student solutions, we help families choose the best educational institution for their children. We assist in their application and relocation and in providing school-related support where needed.

“Educating the children about family wealth and legacy falls under our family governance solutions, where we put emphasis on making sure the children live by the family values and understand the roles they play (or will play in the future) in their family business,” Quirijns added.

Educating the next generation: Student Solutions

Student Solutions is a bespoke, holistic program designed to nurture, guide, and empower the children and young adults of high-net-worth families. This covers more than the academic aspect of education.

As a whole, student solutions for HNW families ensure that the next generation is prepared not just for financial prosperity, but for a life of purpose, leadership and impactful contribution.

This comprehensive approach prepares future leaders and responsible heirs who can carry forward your family’s vision and values.

For US-based School Psychologist and Educational Consultant Bradley Davis, the student solution program can equip the next-generation HNWI with the skills and values they need through responsible educational and professional guidance.

He explained, “High-net-worth families can face complex and unique challenges when trying to plan future aspirations for their children. The goal is to prepare them to be leaders … We focus on development that goes beyond academics, covering personal growth and preparing them for the complexities they’ll face as future leaders.”

Academic Excellence & Beyond

Student Solutions ensures that the children of HNW families are immersed in a comprehensive educational program that provides strategic oversight for their entire academic journey—from private school through university admissions across global markets. With this service, they benefit from advice on application strategy, essay coaching and interview preparation.

Students are connected with world-class educators, subject matter experts and industry mentors—from renowned artists to established business leaders—through personalised learning plans.

Beyond traditional academics, the program emphasises advanced capabilities, including critical thinking, public speaking, leadership skills, debate, and sophisticated research techniques, that prepare students for the complex decision-making they will face as future stewards of family wealth and influence.

Personal Growth & Development

Character development focuses on ethics, values, resilience, and personal responsibility, working closely with families to align these principles with generational values while adapting to contemporary challenges.

Student Solutions providers identify and facilitate high-impact extracurricular activities, volunteer work and unique experiences that build character and leadership capacity. These activities range from organising expeditions to remote regions and securing internships at leading nonprofits or with established social entrepreneurs.

Further, programs designed under Student Solutions empower students to cultivate global citizenship through language acquisition and international experiences that build cultural awareness and diverse perspectives essential for operating family enterprises and philanthropic initiatives across borders.

Combating Affluence-Related Challenges

The unique position of wealth creates specific developmental challenges. Children from affluent families can struggle with motivation, purpose and understanding the value of hard work. Student Solutions provides structure, accountability and meaningful experiences that combat these tendencies while building genuine confidence and capability.

Educational consultants create frameworks that help young people understand their privileged position as both an opportunity and a responsibility, developing their capacity to contribute meaningfully to society rather than simply inherit resources.

The Tangible Benefits for Your Family’s Future

For the Student

Optimized Potential

Through personalised attention and world-class resources, students can maximise their academic, personal and professional capabilities. They can develop both the competencies and confidence necessary for future leadership roles, whether in business, philanthropy or public service.

Purpose-Driven Development

Students are empowered with a strong sense of purpose and social responsibility that extends beyond inherited wealth. They learn to view their advantages as platforms for positive impact rather than merely personal benefit.

Leadership Preparation

Students are honed into articulate, confident individuals prepared for complex leadership challenges. They emerge with sophisticated communication skills, cultural fluency and strategic thinking capabilities.

For the Family

Values and Legacy Preservation

Programs designed under Student Solutions ensure the next generation understands, embraces and champions your family’s ethos and contributions. This continuity protects against the erosion of values that often accompanies wealth transitions.

Smooth Wealth Transition

Preparing future generations for responsible wealth stewardship helps mitigate potential intergenerational conflicts and minimise the risk of asset misuse. Students develop both technical competencies and ethical frameworks necessary for sound decision-making.

Enhanced Family Governance

The program lays crucial groundwork for future participation in family councils, foundations and business enterprises. Students develop the knowledge, skills, and perspectives necessary for making meaningful contributions to family governance structures.

Peace of Mind

Knowing your children receive the highest level of personalised guidance and support for their holistic development provides invaluable peace of mind. You can focus on current responsibilities while confident that the next generation is developing appropriately.

Invest in Your Legacy

Your family’s legacy extends far beyond financial figures; more importantly, your legacy is tied to the people who carry it forward. The minds and characters that will shape your family’s future represent one of the most critical investments you can make as an HNWI.

To learn more about how Student Solutions can empower your family’s next generation, contact us today for a confidential consultation.

Collaborating with experts

At Bolder Group, we believe in nurturing both wealth and the exceptional individuals who will guide its impact. Our Student Solutions program, under our Lifestyle Management Services, is delivered with the expertise and support of seasoned educational specialists.

We collaborate with Student Solutions LLC, a firm dedicated to next-generation development. We combine our deep understanding of family wealth dynamics with specialised expertise in educational strategy and personal development, enabling us to design a plan that provides our private clients with both strategic family wealth guidance and expert educational support, addressing the full spectrum of generational preparation needs.

This article was first published on Bolder Group’s website.  

Bolder Group does not provide financial, tax or legal advice and the information contained herein is meant for general information purposes only. We strongly recommend that before acting on any of the information contained herein, readers should consult with their professional advisers. The Bolder Group accepts no liability for any errors or omissions in the information, or the consequences resulting from any action taken by a reader based on the information provided herein.

Bolder Group refers to the global network of independent subsidiaries of Bolder Group Holding BV. Bolder Group Holding BV provides no client services. Such services are provided solely by the independent companies within the Bolder Group which are each legally distinct and separate entities and have no authority (actual, apparent, implied or otherwise) to obligate or bind Bolder Group Holding BV in any manner whatsoever. The operations of the Bolder Group are conducted independently and have no affiliation with third party financial, tax or legal advisory firms or corporations.