"Pathstone Savvy Teens" Workshop: Teaching Financial Responsibility and Wealth Awareness to the Next Generation

Navigating family discussions around wealth can be challenging, especially when considering the potential impact on relationships. For families raising children amidst significant wealth, open communication is key to maintaining strong connections. To foster these conversations, Pathstone hosted its first “Pathstone Savvy Teens” event on Saturday, September 28, 2024, at the firm’s Bellevue, WA office.

This event featured a dedicated workshop for teens, introducing essential life skills to help them navigate the unique responsibilities and decisions that come with family wealth. Topics included budgeting, saving, philanthropy, and investing— core elements to help teens build a strong financial foundation.

Concurrently, a separate session for parents provided insights into raising financially aware children and strategies for engaging in meaningful conversations about wealth. The event created a shared space for both teens and parents to connect with others in similar situations, forming a supportive community for discussing the complex dynamics of wealth.

Pathstone aims to address the educational gap around family wealth management and communication through events like these, empowering families to better navigate these topics together.