Discussing career development can be a softer entry point into tougher conversations around succession, according to UBS’s Thomas Ang.
Asia’s next generation is redefining their career aspirations, with a notable shift towards seeking a sense of satisfaction as they explore setting up their own ventures and getting involved in the family office.
This change presents challenges and opportunities for wealth managers, as it is no longer merely about joining the family business.
According to Thomas Ang, UBS global co-head family advisory, art and collecting, discussing career development can be a softer entry point for succession conversations, and offer opportunities to introduce wealth management solutions.
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