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Swiss family offices, where wealthy families have their money managed, are reportedly embracing outsourcing in a bid to keep pace with the growing cost and complexity of managing investments.

According to an old adage, with age comes wisdom. In the family business world, some would beg to differ. Consider the question of why aging family business leaders tend to dawdle on the way to exit or even fail to see the good sense of preparing to pass on their business in good time.