Nancy Gabel, a managing director at Evercore Wealth Management in New York, was cited by Family Business Magazine on intergenerational wealth planning issues. Generation Y, which is comparable in size to the Baby Boomer generation, stands to inherit $41 trillion in the United States. Although these so-called Millennials are tech savvy and confident, they need to develop management skills and to be mentored by older family members and their investment advisors, she said.