In This Issue: Deliberate development programs are replacing one-time succession handovers. Core components of next-gen readiness The rise of collaborative leadership models for a new generation of wealth stewards. For decades, succession in family offices was widely viewed as a singular legal event — a signing of documents, a handshake at the boardroom table, and a hope that the next generation would figure things out. That era is ending. With a good portion of family off

The Critical Lag in Communication: Hard Assets Ready, Soft Skills Not Family offices excel at orchestrating the technical facets of succession—meticulous legal frameworks, tax-efficient vehicles, and asset preservation strategies—but they chronically lag in cultivating the human and strategic readiness of rising generations. Comprehensive global surveys reveal that nearly seven in ten offices now document formal succession plans, a marked improvement, yet leadership handovers

Family offices private markets 2026 strategies are set to tilt further toward private markets and overseas assets, while next-generation leaders push for greater technology adoption, tighter risk controls and improved transparency, according to a Crain Currency report. People familiar with the discussions said family offices private markets 2026 allocations will remain active in public equities but become more selective in private credit and direct deals, favouring stronger u

Hong Kong wealth-transfer disputes are a growing concern among families, with 44% of respondents worried their wealth may not be passed on and 64% of high-net-worth respondents fearing inheritances could trigger family disputes, according to a Sun Life survey. About a third of respondents said their legacy goal is passing assets to the next generation, while 65% ranked safeguarding family financial stability as the top priority. Sun Life’s Christine Yeung said longer life exp

Union Bancaire Privée (UBP) has launched its first Singapore VCC fund for family offices, using the city’s Variable Capital Company structure, an umbrella regime that allows multiple ring-fenced sub-funds with distinct strategies. The fund will be run by UBP’s Singapore discretionary portfolio management team and can invest across public markets and alternatives, including hedge funds and private markets, while also allocating to third-party managers. UBP said it is targeting