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Family offices challenging the dominance of family businesses in succession planning

China Wind Lock Gu Lou

A growing number of high net worth individuals (HNWIs) in Asia are turning to family office structures for succession planning purposes, according to a study by the Tanoto Center for Asian Family Business and Entrepreneurship Studies. “The idea of a family office is increasingly common among Asian wealthy families, in order to preserve family wealth and pass on values,” Roger…

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