Owner.One

Only 3% of survey participants understand that of all wealth transfer losses are attributed to families with a net worth between $1.2 million and $99 million. Read the full report in 6 languages here: https://buff.ly/3VoEI1G

Asset record and information storage 68% of capital founders find it extremely stressful to consider the matter of storing and reliably transferring information about their assets and capital to family members. Read the full report in 6 languages here: https://buff.ly/3VoEI1G

Accidental Toxicity A client can compromise their own bank or brokerage account simply by accepting a payment from a politically exposed person (PEP), a sanctioned individual, or anyone raising concerns related to AML or CFT. Receiving $10k from a "toxic" source could very likely put the entire account at risk, even if it holds $1 million. The payment might not come directly, but from family members or associates of such individuals. The same issue applies in reverse: if a client sends money to someone flagged as high-risk, they could face consequences. According to statistics, only 21.3% of clients are aware of the risks associated with incoming payments. Even fewer — just 9.4% — consider the risks of outgoing transactions. This discrepancy in risk perception is a misconception. For the bank, there's little difference between incoming and outgoing payments, and the incubation period for detecting such transactions can be as long as 1 to 1.5 years. Explore Yan's Notes here:

Crypto Assets Statistics indicate that in 91% of cases, the transition from fiat to cryptocurrency and back results in a disruption of ownership continuity. Read the full report in 6 languages here: https://buff.ly/3VoEI1G

Third-party participation 63.3% of respondents are entirely uncertain about whether trusted individuals and professionals will execute tasks in the best way possible when the time comes. Read the full report in 6 languages here: https://buff.ly/3VoEI1G #wealthtransfer #generationalwealth #familycapital #oldmoney

Information Asymmetry Information asymmetry within wealthy families is a phenomenon that has been known for nearly 100 years. The founder almost never proactively shares or updates family members about assets and capital. But when a negative event occurs, it's often too late. Founders hold an information monopoly, lack reliable channels for passing on this knowledge, and the information itself is not structured for effective transfer. The problem of information asymmetry within families and the associated capital loss has grown exponentially since the 1990s. By 2024, 48.0% of capital owners believed their families would be unable to "take over" the assets due to a lack of complete information. Another 23.7% of owners were even willing to give up as much as 25% of their entire wealth in exchange for a guarantee that the rest would securely pass to their family. Explore Yan's Notes!

Wealth Transfer 79.4% of capital founders assume that it will be impossible for their family members to comprehend information related to assets and capital. Read the full report in 6 languages here: https://buff.ly/3VoEI1G #familycapital #wealthtransfer #generationalwealth

Asset record and information storage In the modern world, comprehensive data on assets and capital hold greater importance than physical document copies. However, this concept is understood by only 11% of respondents. Read the full report in 6 languages here: https://buff.ly/3VoEI1G

KYC, SoWE, Informational Asymmetry 42.8% of capital founders and 88% of their children and family members are unfamiliar with KYC (Know Your Client) regulations and guidelines. Read the full report in 6 languages here: https://buff.ly/3VoEI1G

Traditional Actions Typically, a capital founder has considered several options they believe would ensure the transfer of capital to family members in case of unforeseen circumstances. However, their effectiveness as of today is low and continues to decline. Sharing all information with family members in advance. A critical condition is monthly updates. Neither the founder nor family members are usually willing, able, or equipped to handle this task. The effectiveness of capital transfer is 65.3%. Involving third parties (lawyers, advisors, trustees). The founder would need to invest significant time in organizing the process. The effectiveness is 68.3% (excluding the risk of abuse). Drafting a will. The issue is not with the document itself but with the procedure of executing the will and obtaining the rights. A large amount of information about each asset is required, which successors simply don’t have. Modern wills need to be updated quarterly or monthly, which no one does. The effectiveness is 61.2%. Explore Yan's Notes here: