
The awareness of the Family Office structure and model remains low in Asia. Asian Families who have made wealth ought to have more options when comes to wealth preservation strategies..
The awareness of the Family Office structure and model remains low in Asia. Asian Families who have made wealth ought to have more options when comes to wealth preservation strategies..
Most successful founder(s) who have built Family Wealth are ignorant about the importance of a succession plan in their family business..
Often, founder(s) are unable to comprehend the need to embark on generation planning for their hard earned wealth..
Each family is different, the Family Office structure remains a puzzle to most Asian Families..
Conflicts are part of family life. Without proper written policies and practice, families tend to take the easy way out i.e. dissecting the family wealth. Egos and emotions then rise and and leads to the severence of family ties, so much so that in some situations the matter ends up in court..
This video shares the correlation between Corporate Governance and Family Governance..