Family wellbeing is the missing piece in succession planning

In the conversation, Ms Hart highlights how unprecedented global mobility and intergenerational wealth transfer are making succession planning more urgent and complex for Asian families. Cultural values around privacy and tradition often delay open discussions, while younger, internationally educated heirs are pressing for clearer roles and greater empowerment.

With families and assets spread across jurisdictions, she argues for a more holistic, cross-border approach. At the same time, Singapore’s evolving family office ecosystem and new regulatory expectations are encouraging stronger governance and longer-term thinking.

Ms Hart also discusses the limitations of private banks’ so-called “holistic” offerings, and outlines a broader approach centred on “family wellness”, combining group dialogue with one-to-one coaching to address mindset, communication, relationships and emotional wellbeing alongside financial structures.

Redefining wealth as abundance “in all aspects of life,” she believes, is essential to sustaining harmony across generations, and has made her advisory work far more purposeful.