Insight Report: Running a Family Business
|出版日期||內容資訊||英文 68 Pages
This report provides insights into family businesses and the role of wealth managers in key developed and emerging economies. It analyzes key market trends, industry concentration, family business owners' wealth, succession planning, and the role of wealth managers in family businesses. The report also highlights new market opportunities for wealth managers and private bankers in the developed and emerging economies studied. It uses WealthInsight's proprietary HNWI database comprising 100,000 individuals.
Family businesses continue to be a fundamental source of private wealth creation, and a key engine driving the world economy. Despite their dominance, the topic is relatively underresearched in terms of wealth management due to a lack of official data. Family businesses in developing countries are typically first-generation firms, whereas those in Europe are more likely to be in their fourth or fifth generations. Demand for wealth management is higher from family businesses in developed economies, as business owners in developing economies prefer to limit the entry of external advisors. The report also highlights that succession planning services are gaining prominence in developed economies, representing new opportunities for wealth managers and private bankers.
The report includes the following: