Wealthy Asian families are increasingly prioritising family wealth structure, taxation, and family governance, according to a recent Julius Baer report. 

The Swiss bank’s 2024 Family Barometer survey, conducted in collaboration with PwC Switzerland, polled over 1,800 experts globally, including relationship managers, tax advisors, family office employees, wealth planners, and investment specialists.

A notable trend in Asia and the Middle East is the preference for private family discussions regarding wealth transfer, often excluding third-party involvement. This trend is partly due to concerns about family conflict, which 46% of global respondents identified as a significant barrier to open discussions.