Success in generational wealth transfer is a challenge for many families. Statistics show that 7 out of 10 families will lose their wealth by the second generation, with 9 out of 10 losing it by the third. This staggering number has a significant impact on the well-being of existing and unborn family members, as well…

What is Succession Planning? Succession planning in the context of family wealth management involves the process of preparing for the seamless transfer of leadership, management, and ownership of a family business or wealth to the next generation or chosen successors. This strategic undertaking is key in ensuring the continuity and long-term sustainability of the family's…