Citi Private Bank leans on global benchmarking to win family office mandates

Despite the financial focus of most family offices, the truth is stark: only 3% of wealth transfer failures over three generations are due to financial issues, such as poor investments or tax planning. The overwhelming majority (97%) stem from relational issues and a lack of next-generation preparedness, according to Citi Private Bank’s Alexandre Monnier. But to tackle these issues, how…

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