Succession and transitions
Moving wealth and control between generations: the data on wealth transfer, continuity planning, family councils, next-generation education and succession inside the office.
The main estimates of the great wealth transfer, from Cerulli and UBS, what they measure, how much passes to spouses first, and what the billionaire data adds.
Where the claim that 70% of family wealth is lost by the third generation comes from, what the underlying studies measured and what better evidence shows.
How succession planning and continuity planning differ, how many family offices have each according to UBS, Campden and KPMG, and what continuity adds.
Survey evidence on how involved the next generation is in family offices, the barriers offices report, and the programmes they are using or planning.
What a family council does, who sits on it, what it decides, how it relates to the board and the office, and how common councils are in recent surveys.
Survey data on who delivers financial education for heirs, the topics covered, the ages at which it starts, and where family offices say the gaps are.
Tenure and turnover data for family office executives from KPMG and Agreus, Morgan Stanley and UBS, key person risk, and how offices plan for departures.
Survey evidence on younger inheritors' preferences for impact, private market, venture and direct investments, and whether allocations have followed.
How inherited wealth is treated on divorce in England and Wales and in US community property states, the status of nuptial agreements, and the role of trusts.
Data on family office philanthropy from UBS, Campden and Bank of America, and how families use foundations and donor-advised funds to teach heirs governance.