Lombard Odier wealth planning chief: Succession requires flexible governance, not forced participation

Preparing the next generation to inherit wealth is evolving past business handovers, as founders increasingly recognise that forcing heirs into operational roles often breeds frustration, according to Lombard Odier’s global head of wealth planning, Stanislas Peel. The challenge, he said, is not simply identifying a successor, but ensuring that family members understand their responsibilities as shareholders, remain engaged with the…

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