Modern families

Modern families can often be complicated families: they can be challenging, diverse, intricate, and all over the map – often literally – and their needs are equally complex. Identifying and navigating their needs requires expertise and collaboration across borders, cultures and professions.

STEP has undertaken a research project, kindly sponsored by TMF Group, to gather insight about the families that STEP members advise and what their wealth and succession planning needs are. It identifies the key complexities and constraints currently facing families and their advisors. The aim is to understand and highlight the common themes facing families in this area and where STEP can focus its future work to address any issues identified.

The report highlights the need for advisors and legislators to adapt and modernise in order to keep up with the needs of today’s families.




This report is sponsored by TMF Group

TMF Group is a leading provider of critical administrative services, helping clients invest and operate safely around the world. It provides legal, financial and employee administration through its teams in 120 offices, in jurisdictions covering more than 92 per cent of world GDP and 95 per cent of FDI inflow. TMF Group serves corporates, financial institutions, asset managers, private equity and real estate investors, and family offices. Its clients include more than 60 per cent of the Fortune Global 500 and FTSE 100, and almost half the top 300 private equity firms.

Watch our webinar