According to new studies, the next generation of family office leaders is likely to use more debt, invest in more alternatives, and focus on different philanthropies. Specifically, 41% of Gen Z and millennial principals are expected to increase investments in private equity and venture capital. Additionally, 27% of family offices run by millennial and Gen Z principals are currently invested in sports teams, compared to 16% for boomers. Among next-gen family members aged 30 to 45, 84% are interested in leveraging credit to build wealth. Over three-quarters of next-generation principals also plan to support different charitable causes than their predecessors.