Insight Report: Running a Family Business: Radiant Insights, Inc

Synopsis

This report provides insights into family businesses and the role of wealth managers in key developed and emerging economies. It analyzes key market trends, industry concentration, family business owners’ wealth, succession planning, and the role of wealth managers in family businesses. The report also highlights new market opportunities for wealth managers and private bankers in the developed and emerging economies studied. It uses WealthInsight’s proprietary HNWI database comprising 100,000 individuals.

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Summary

Family businesses continue to be a fundamental source of private wealth creation, and a key engine driving the world economy. Despite their dominance, the topic is relatively underresearched in terms of wealth management due to a lack of official data. Family businesses in developing countries are typically first-generation firms, whereas those in Europe are more likely to be in their fourth or fifth generations. Demand for wealth management is higher from family businesses in developed economies, as business owners in developing economies prefer to limit the entry of external advisors. The report also highlights that succession planning services are gaining prominence in developed economies, representing new opportunities for wealth managers and private bankers.

Scope

The report includes the following:

A global snapshot of family business dynamics

Key market trends and industry concentration of family businesses in selected developed and emerging economies

Family succession and the role of wealth managers in key developed and emerging economies

Key issues and challenges facing family firms in selected developed and emerging economies

About Radiant Insights

Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

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Contact:
Michelle Thoras
Corporate Sales Specialist, USA
Radiant Insights, Inc
Phone: 1–415–349–0054
Toll Free: 1–888–202–9519
Email: sales@radiantinsights.com
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