A LOOK AT WEALTH 2019 MILLENNIAL MILLIONAIRES
PRESENTED BY
LUCIO BERNAL
Coldwell Banker Residential Brokerage
LUCIO BERNAL Broker Associate, CLHMS, CRS DRE# 01236217
Coldwell Banker Residential Brokerage, Palm Springs
310.383.2466
Lucio.Bernal@camoves.com www.BernalSmithGroup.com As luxury expert in Palm Springs, Lucio Bernal offers a wealth of knowledge and expertise that is unsurpassed; you can always trust his service and commitment. Lucio Bernal has served affluent clientele for over 20 years. He offers keen insight into executive and corporate relocation services, and understands and adapts to constant changes in the luxury market. His expertise is why his clients are excited to refer his services to their family, friends, and colleagues. He is a Broker Associate, Coldwell Banker Global Luxury Ambassador, a Luxury Property Specialist, an expert trainer with The Institute for Luxury Home Marketing, and served as President of the Palm Springs Regional Association of REALTORS® after having been named the association’s REALTOR® of the year in 2015. • Coldwell Banker Global Luxury Property Specialist • Coldwell Banker Global Luxury Ambassador • Certified Luxury Home Marketing Specialist – Million Dollar Guild • 2017 President of the Palm Springs Regional Association of REALTORS® • Certified Residential Specialist, Pricing Strategy Advisor
2 | COLDWELL BANKER GLOBAL LUXURY / WEALTH ENGINE'S MILLENNIAL WEALTH REPORT 2019
A FE W W O R DS FR OM. . . Millennials are already the largest group of homebuyers in the nation. By 2030, they’re expected to hold five times as much wealth as they have today, and inherit over $68 trillion from their predecessors in the Great Transfer of Wealth. Experts have already begun speculating about what this highly influential group of future high-net-worth homebuyers will do with their newfound wealth and the real estate holdings they stand to inherit. I, too, have been keeping close watch on this powerful affluent homebuying demographic because I always want to better understand my clients, both present and future. That’s why I am very excited to share a special new report by the Coldwell Banker Global Luxury® program and WealthEngine: “A Look at Wealth: Millennial Millionaires.” It’s truly one of the most comprehensive looks at the youngest generation of millionaires I’ve seen yet. A sweeping range of categories are covered, from their average net worth and real estate holdings, to where they live, to their views on home ownership and home improvement. As your luxury real estate professional, I am proud to share such a wide-reaching, data-rich report with you. It’s one of the many services I can provide you as an elite member of the Coldwell Banker Global Luxury program.
LucioBernal
COLDWELL BANKER GLOBAL LUXURY / WEALTH ENGINE'S MILLENNIAL WEALTH REPORT 2019 | 3
LUCIO BERNAL & THE BERNAL SMITH GROUP
310.383.2466 | Lucio.Bernal@camoves.com | www.BernalSmithGroup.com