Our insightful new guide explores succession readiness in the Gulf and the evolving challenges local families face as they prepare to transfer wealth to the next generation. Discover practical insights to ensure a seamless transition and protect your family’s legacy for generations to come.
Securing legacies: succession planning for wealthy GCC and expat families
key takeaways.
- The Gulf is entering one of the world’s largest intergenerational wealth transfers, shifting focus from wealth creation to governance and preservation
- Fewer than one in five family businesses in the Gulf Cooperation Council (GCC) have a formal succession plan, and fewer than one in six have governance frameworks in place
- Heirs are redefining wealth management with an emphasis on innovation, purpose, and digital access – and they expect advisors who reflect these values
- With assets and heirs often spread across borders, expatriate families face additional succession challenges that require tailored estate planning.
In a feature for Economy Middle East, we explore why planning and open dialogue are key to preserving family unity during the Gulf’s next…
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our private banking and wealth management expertise in the middle east.
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