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FEATURED ARTICLE
Five luxury destinations: From sushi to spirit bears, exploring the Billionaire Trail less travelled
For decades, luxury travel followed a familiar map: St. Barts in winter, Amalfi Coast in summer, Aspen or Courchevel for snow, the Maldives for privacy, and Paris whenever a wardrobe required replenishing. But for ultra-high-net-worth travellers and their family-office organizers, the definition of a dream vacation is shifting. The most sought-after destinations are no longer simply the most expensive or the most photographed. Increasingly, they are the places that offer what money has a harder time buying: space, discretion, cultural depth and the feeling of having arrived before the crowds.
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MEMBER CONTENT
Next generation: Embracing entrepreneurship, transparency and communication, plus pitfalls to avoid when it comes to enduring family legacies
There’s no shortage of next generation conversations to be had, but one fact remains: we are in the middle of what is likely the largest wealth transition in modern history. The "Great Wealth Transfer" is an estimated $84 trillion to $124 trillion in assets projected to pass from Baby Boomers and older generations to younger heirs (Gen X, Millennials, Gen Z) through 2045–2048, largely in the U.S. and Canada.
On April 15, 2026, at a CFA Montreal event at Le Windsor in Montreal, moderator Patricia Saputo, the co-founder, executive chairperson and strategic advisor of the business-family advisory Crysalia in Montreal, discussed the issues facing the next gen with two panelists: Owen Mathews, second-generation family member and managing partner of Emend Vision Fund, and Arnaud de Coninck, a sixth-generation family member and Chief Revenue Officer of Trusted Family.
This article is brought to you by PBY Capital.
MORE TOP STORIES
This summer: a special report on wealth in Canada
The makeup of wealth in Canada is changing. Our new special report, which will run throughout July and August, investigates the realities, the challenges and the opportunities for families and family offices, from lifestyle and travel to the impact of wealth inequality.
Israelson: Why off-market luxury real estate sales are booming
Wealthy families and family offices looking to sell high-end luxury properties are discovering that sometimes the best way to list them is to not list them at all.
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