Wealth and Family Office

Families are faced with significant challenges across a number of dimensions:

Family cohesion is the foundation of a long-lasting family business.
Family businesses often struggle with cohesion due to:

lack of clarity in family values
poor communication and undefined roles among family members
individual egos which lead to power struggles.

In order to sustain family cohesion, succession in value is a must to ensure alignment of goals and principles across generations, which leads to unity and a shared vision in the family business.

Transferring wealth across generations is a complex process aimed at ensuring the financial security of future generations. Family wealth often diminishes when transferred across generations due to:

poorly planned succession strategies
complex and challenging tax and legal issues
unclear communication and clashing interests among family members.

A well-crafted wealth succession is essential for effective wealth transfer across generations, as it facilitates clear and equitable asset distribution, optimises tax efficiencies and harmonises family interests, thereby safeguarding the family's wealth legacy and minimising the risk of conflicts.

Family businesses often cease to exist due to lack of leadership quality in successors.
A few challenges faced by family businesses are:

lack of long-term succession planning and leadership preparation
complex family dynamics and emotional attachment
unclear definition of responsibilities and accountabilities.

Succession in leadership must be strategically planned and prepared as soon as possible to ensure that successors (next-gen) are equipped with the necessary skills, leadership and understanding of family values to foster cohesion and continuity in the family business.

Wealth and family office as your solution

Successful family businesses succeed many generations by professionalising their business and professionalising their family. PwC Indonesia supports you in navigating these complexities through our tailored Wealth and Family Office solutions.

As trusted, independent advisors, we work with you to develop strategies that align with your unique goals and values. Our services address the specific challenges faced by family businesses, helping to ensure ongoing success and a lasting legacy for your family.

Video 05/03/26

Discover the power of family governance in business success

Thumbnail for family business network video

In this insightful video collaboration between Family Business Network and PwC Indonesia, Marcel Irawan (PwC Private Leader) engages in a meaningful discussion with Husodo Angkosubroto (Chairman of Gunung Sewu Group) and Salman Subakat (CEO of Nurhayati Subakat Entrepreneurship Institute). Together, they explore the critical role of family governance and business governance in shaping the future of family enterprises. The conversation highlights how planning governance through a family constitution has become a foundational and widely adopted practice among family businesses, ensuring continuity, clarity, and long-term success.

Our wealth and family office service supports families in these areas and stages

Succession in value

Preserve and pass on the core values, culture and principles that define the family business.

Learn more

Succession in leadership

Prepare and empower new leaders to take over leadership roles, ensuring continuity and growth.

Learn more

Succession in wealth

Preserve wealth across generations, including wealth transfer strategy, tax efficiency and legal compliance.

Areas:

Company's shares
Tangible assets (real estate, equipment and machinery, inventory)
Intangible assets (intellectual property, goodwill, contracts and agreements)
Financial assets (cash and investments; receivables and payables)

We are meeting your needs at every stage

At PwC Indonesia, we support you at every stage of your family journey.
We also provide our expertise to assist you in setting up, operating, and expanding your family office.

Feasibility study
Family values
Family constitution
Family council
Setup:
- Registration
- Partner/vendor selection
- Other compliance matters

Succession planning
Wealth management
Legal consultation
Risk management and compliance
Accounting and bookkeeping
Employment and immigration services
Tax compliance
Wealth management technology (Wealth Compass)

Family investments

Deals
Buy side
Due diligence

Family business

Consulting
Assurance services
IPO readiness
etc.

Featured

Wealth Compass, wealth management technology for your family office

Wealth Compass is a robust family office accounting and data aggregation solution that brings speed, quality and independent reporting together to help you manage, reconcile and understand your family’s wealth. We serve ultra-high-net-worth individuals, single and multi-family offices, and fund managers.

We bring together PwC’s experience with the right technology to help manage the complexity that comes with wealth and ease the burden on family offices.

By providing a holistic view of liquid and private investments, family office leaders can improve financial decision-making, risk management and controls to better protect and grow wealth.

Video