Asian family offices struggle with succession planning: DBS report - Fund Selector Asia
Source: Fund Selector Asia
Published on: 2026-11-02 05:52
The founders' wish to retain control remains a barrier to intergenerational succession, a DBS commissioned report found. Family offices aim to build multi-generational legacies, but many have yet to put in place the people, plans and operational systems needed to achieve that goal, according to a new report commissioned by DBS. The research also identified three priorities that matter most to families: passing wealth to the next generation, holistic risk management and artificial intelligence (AI) and technology. Across all three, the findings reveal gaps in preparedness. While families generally recognise the need to act, the research found that the founders' wish to retain control remains a barrier to succession, with one in three families citing this as the main reason for delaying wealth transfers. On risk management, more than half of the respondents cite a lack of in-house expe...
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