Take Action

Home | Faculty & Research Overview | Research

Research Details

Should Private Banks Be In The Family-Business Business?, Trusts & Estates

Abstract

The odds are stacked against family business succession: Only a third of family companies survive their founders and, of these, only 10 percent make it to the third generation. As every major private bank is aware, much wealth can be squandered when business families fail not as leaders of significant enterprises, but as families. While banks may understand the specialized nature of family enterprises—in which business, wealth, ownership and family are interdependent—their track record for delivering services that provide comprehensive solutions is mixed.

Type

Article

Author(s)

Ivan Lansberg

Date Published

2013

Citations

Lansberg, Ivan. 2013. Should Private Banks Be In The Family-Business Business?. Trusts & Estates.

KELLOGG INSIGHT

Explore leading research and ideas

Find articles, podcast episodes, and videos that spark ideas in lifelong learners, and inspire those looking to advance in their careers.
learn more

COURSE CATALOG

Review Courses & Schedules

Access information about specific courses and their schedules by viewing the interactive course scheduler tool.
LEARN MORE

DEGREE PROGRAMS

Discover the path to your goals

Whether you choose our Full-Time, Part-Time or Executive MBA program, you’ll enjoy the same unparalleled education, exceptional faculty and distinctive culture.
learn more

Take Action