Did you know? As of 2021, it's estimated that nearly $68 trillion will change hands in the United States over the next 25 years. This is primarily due to two factors: ⬆ Rising Asset Values: The value of assets held by Baby Boomers has been rising, due to factors such as increases in real estate values and the stock market. ⏳ The Aging Population: Baby Boomers, one of the wealthiest generations in history, are reaching the age where they are passing on their wealth to their heirs. As they pass away, this wealth is being inherited by their younger family members. One key asset are their businesses. Many of their heirs do not want to take on these businesses and so they will be left to dissolve or be acquired by corporate conglomerates. We aim to provide a 3rd option that is in the best interest of the retiree, their heirs, and the competitive landscape in the United States. This wealth transfer is expected to have significant impacts on the economy, the financial industry, philanthropy, wealth inequality, and other aspects of society. #economy2023 #wealthtransfer #smb #legacy #generationalwealth
Gem State Holdings
Holding Companies
Boise, ID 74 followers
Gem State Holdings is a dynamic holding company committed to fostering the growth of small to medium-sized businesses.
About us
Gem State Holdings is a dynamic holding company committed to fostering the growth and success of small to medium-sized businesses across a variety of industries. Our company was built on the principle that thriving businesses are the backbone of economic innovation and prosperity. At Gem State Holdings, we don't just acquire businesses — we partner with them. We collaborate closely with the management teams of our companies, respecting and retaining the values and cultures that made them successful. We believe in the power of relationships, fostering a culture of trust and transparency with our partners.
- Website
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www.gemstateholdings.com
External link for Gem State Holdings
- Industry
- Holding Companies
- Company size
- 2-10 employees
- Headquarters
- Boise, ID
- Type
- Privately Held
- Founded
- 2023
- Specialties
- Mergers and Acquisitions and M&A
Locations
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Primary
9201 W. State St., Suite 107
Boise, ID 83714, US
Employees at Gem State Holdings
Updates
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The Cobra Effect: Why Good Intentions Don’t Solve Problems - Konstantin Kisin
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