07 March, 2019
Yet, the Campden Global Family Office Report (2018) revealed that just 43% of family offices actually have a succession plan (with only a quarter having a formal, written plan). So the biggest takeaway here is: get a plan in place and one that is fit for purpose.
How is your family office managing succession planning? Join the conversation on LinkedIn and Twitter or get in touch- we could feature you in future blog posts.
You can read the full report in Family Business Review_.