Asian families facing wealth-transfer challenges
The wealth management industry needs to better service families in Asia that are navigating competing and sometimes conflicting values as they transfer wealth, knowledge and skills.
![Asian families facing wealth-transfer challenges](https://cdn.i.haymarketmedia.asia/?n=asian-investor%2Fcontent%2Fshutterstock_121521157.jpg&c=1&h=677&q=100&v=20244101&w=1204)
High-net-wealth parents in Asia are looking to transfer generational wealth, knowledge and skills to ensure their children uphold their family's reputation and maintain its wealth growth.
That transfer is often unsuccessful, found a recent study by Swiss private bank Julius Baer, but wealth management consultancy Scorpio Partnership has taken a closer look at this area.
The Julius Baer report showed that Japanese HNW parents viewed personal values (37%) as the most important att…
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