A survey of ultra-high net worth families has shown that family disputes are considered to be one of the main threats to long-term family wealth.

The survey by multi-family office Stonehage Fleming, Four Pillars of Capital: a time for reflection, covered 183 families. It was conducted over the northern hemisphere summer and looked at how the pandemic affected very wealthy families’ attitudes to their wealth.

The survey showed that family disputes are considered to be the greatest risk to long term family wealth (cited by 34 percent), followed by lack of future family leadership and direction (32 percent).