66% of ultra-rich families’ Young heirs unprepared to take over wealth, a survey finds

A recent global wealth survey Julius Baer reveals that 66 percent of ultra-rich heirs are unprepared for succession.
Next-generation family members often lack the financial literacy and leadership skills required to manage massive fortunes.
Wealth creators face mounting challenges as trillions in assets prepare to transition to the younger family demographic.
Family offices are urgently increasing advisory services to train and mentor heirs before major wealth handovers occur.

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