Julius Baer Report Finds Low Succession Readiness
A new study reveals that few business-owning families are fully prepared for a successful business sale or transfer.
Updated on Oct. 20, 2026 in Financial Planning
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Should families proactively hold open discussions about future wealth and business ownership to ensure family unity?
The Julius Baer Family Barometer report indicates that only 3.5% of Asia-based business-owning families are fully ready for a business exit. Globally, that figure drops to just 2.3%, highlighting a widespread shortfall in long-term succession planning.
Why it matters
Poor succession preparation can threaten both capital preservation and the entrepreneurial spirit of a family business. Engaging in early discussions is essential to navigate complex financial shifts and maintain family unity during significant transitions.
A report surveying over 700 wealth advisers found that 80% identify a lack of family alignment as a primary barrier to business sales. Among those surveyed, 75% of advisers in Asia note a preference for establishing single family offices post-exit.
The players
Julius Baer
Julius Baer is a global wealth management firm that publishes research on the financial habits and challenges of wealthy families.
The details
Families are increasingly separating wealth into distinct pools for long-term preservation and new ventures, often relying on external specialists for management. Differing valuation expectations remain the most frequently cited cause of family misalignment during the exit process.
Timeline
October 2026: Julius Baer published the Family Barometer report.
Market Dynamics
This data reflects the historical trend of wealth transfer in family-owned enterprises, which remains a significant hurdle for multi-generational firms. The study indicates that current readiness levels fall far behind the requirements for seamless capital transitions.
Wealthy families should prioritize aligning expectations on business valuations early to avoid internal conflicts during exit events. Utilizing professional advisory services for administrative matters can help preserve assets effectively while maintaining long-term financial security.
The takeaway
Early succession talks are vital to protecting a familys entrepreneurial spirit and overall wealth. Families should consider consolidating their administrative and reporting needs through a single family office to manage the complexities of a post-exit environment.
Further reading
For more on managing family wealth, visit our Financial Planning section.
Live Poll
Should families proactively hold open discussions about future wealth and business ownership to ensure family unity?
