Key Takeaways
- • A DBS report finds 43 percent of family offices surveyed have not involved the next generation in wealth planning, according to Hubbis.
- • The finding highlights a succession-planning gap among Asian family offices, a key concern for allocators managing multigenerational capital.
- • The primary source text is largely website boilerplate, so the survey's full methodology, sample size and further findings could not be verified from it.
Summary
According to Hubbis, a report from DBS finds that 43 percent of the family offices surveyed have not involved the next generation in their wealth planning. The headline figure points to a meaningful gap in succession preparation among family offices in the Asian market, where Hubbis focuses its coverage of wealth management and private banking.
For institutional allocators and family office professionals, the finding bears on governance and continuity. Involving heirs in wealth planning is widely viewed as a factor in preserving capital and decision-making across generations, and a large share of surveyed offices lacking that involvement suggests succession risk remains under-addressed.
The source material available for this story consists mainly of Hubbis website text, including privacy and data policies, and does not provide the survey's sample size, geographic breakdown, or additional findings. Readers seeking detail on the DBS report should consult the original publication.
For institutional allocators and family office professionals, the finding bears on governance and continuity. Involving heirs in wealth planning is widely viewed as a factor in preserving capital and decision-making across generations, and a large share of surveyed offices lacking that involvement suggests succession risk remains under-addressed.
The source material available for this story consists mainly of Hubbis website text, including privacy and data policies, and does not provide the survey's sample size, geographic breakdown, or additional findings. Readers seeking detail on the DBS report should consult the original publication.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.