Family offices are being embraced by India’s wealthiest $2 trillion families, but few families have a robust succession plan in place to secure their fortunes.
The world’s first study on India’s nascent family office space, released by Campden Research today, found more than half (58%) of Indian families surveyed were interested in setting up, or joining, a family office to manage, preserve and grow their wealth. Half (50%) said they were in the process of establishing their own family office.
