Asia Next-Gen Get Just 8.4% Equal Say in Family Business Sale Plans

2 articles · Updated · The Business Times · Oct 19

Only 8.4% of advisers to Asia’s ultra-wealthy families said the next generation has an equal say in implementing post-sale strategies, the lowest share among regions in Julius Baer’s 2026 Family Barometer.
Another 42% said Asia’s next-gen are consulted without a vote and 8.4% are not consulted at all, underscoring limited influence as many families face first major succession or liquidity events.
Valuation gaps were the most-cited source of family misalignment in Asia during exit decisions, unlike the global picture where emotional attachment was the leading tension in business transitions.
Just 2.3% of families globally were seen as fully prepared for a transfer, while 75.5% of Asia respondents said families would likely set up a single-family office after a sale to manage newly institutional-scale wealth.
The report, based on 700 advisers worldwide, said succession planning is Asia’s top family priority and that many families still keep strategic control in-house while relying on external specialists for investing and estate planning.