Confidence in personal, financial and regulatory stability is weakening, and ultra-high-net-worth individuals (UHNWs) are facing a pressing challenge: how can they navigate succession, taxation, relocation and long -term planning when certainty is so scarce?

We undertook extensive research to explore the challenges facing the wealthy and their advisers. We found that a trust deficit now shapes the experience of holding significant wealth in the UK – between UHNW and their heirs and successors, between the wealthy and their advisers, and between wealth creators and policymakers.

The ‘Great Wealth Transfer’ is looming, and understanding how the new generation of UHNWs view their responsibilities, risks and opportunities will be key for families, advisors, and policymakers alike. Over £5 trillion is set to pass to the next generation, and their choices will help to shape the future of family offices, wealth advisory and legacies for years to come.

Just 30% of UHNWs said they have an active succession plan

We spoke to UHNW individuals, their heirs and successors and wealth advisors to build a picture of the way they feel about some of the most sensitive and complex issues they face. We uncovered tensions between generations and responsibilities that will be thrown into even sharper relief by a startling lack of preparedness on succession planning.

Only 2% of UHNWs thought UK tax levels are an ‘unreasonable burden’

If so many UHNWs in the UK are happy to pay their fair share, why have over two-thirds of them considered leaving?

Find out the underlying reasons for this, along with analysis and insights from the data, and expert opinion on how advisers and clients alike can work together to bridge the trust gap and build confidence in the future.

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