Building intergenerational trust: The key to successful family business succession
Succession is often a critical and delicate moment for any family business. The passing of leadership and wealth ownership from the incumbent to the next generation is not merely a technical handoff; it is a deeply intricate and emotionally charged affair specifically as family businesses are built on trust, loyalty and long-term goals. Without a firm foundation of intergenerational trust, succession risks unravelling family discords, which could jeopardise the very legacy families strive to preserve.
From boomers to zoomers: Is your wealth management strategy stuck in the past?
As baby boomers prepare to pass the baton, an estimated $68 trillion will change hands by 2030. That’s not pocket change; that’s a revolution in the making. But here’s the kicker: wealth management firms might be left holding the short end of the stick. The next generation of wealth holders isn’t just tech-savvy; they’re tech-native. They don’t just want digital integration; they expect a seamless digital experience.
Building and preserving wealth across generations with a Family Office Wealth Management Platform
Effectively managing finances is crucial when planning for wealth across different generations. To ensure that wealth not only remains intact but also grows to benefit children and grandchildren, a strategic plan is essential. This is where a Family Office Wealth Management Platform becomes valuable, offering tailored solutions that meet the unique needs of each family.
A guide for next-gen leaders: Family office governance for a sustainable future
Family businesses are like high-wire acts. They must constantly balance two evolving forces: the growth and adaptation of the enterprise itself, and the ever-changing dynamics of the family behind it.
Digital legacy planning: Enabling stewardship in UHNW families
In the ever-evolving landscape of family offices, adaptability is paramount.
COP28: fossil fuel dilemma & pathways to sustainable development
The President of COP28, Sultan Al Jaber, controversially dismissed the scientific consensus behind phasing out fossil fuels, despite overwhelming evidence to the contrary.
Navigating the impact of COP28 on businesses
The world is gearing up for COP28, the 28th Conference of the Parties, a pivotal moment in addressing the escalating climate crisis.
Winners of the 2023 Earth Shot Prize
The Earth Shot Prizes, inaugurated in 2020, to discover, innovate, and nurturing the world’s foremost solutions aimed at healing our planet.
Balancing wealth and family unity
Geopolitical risks have ascended to the forefront of CEO concerns, as reported in McKinsey’s latest survey on global economic conditions.
Building Resilience: A Strategic Approach To Geopolitical Uncertainty
Geopolitical risks have ascended to the forefront of CEO concerns, as reported in McKinsey’s latest survey on global economic conditions.