Grant Thornton’s partners vote to join Grant Thornton Advisors multinational platform. Read more.
For many families, the question is not whether wealth and responsibility will transition to the next generation, but whether the next generation feels prepared when that time comes.
As leadership, ownership and assets pass across generations, financial understanding becomes critical. Without shared knowledge and confidence, even well‑intentioned transitions can create uncertainty for both those stepping forward and those stepping back.
Our Rising Generation Financial Acumen Program is designed to support families by equipping the next generation with the understanding they need to participate confidently in financial conversations, decision‑making and governance, whether or not they work directly in the family enterprise.
Through structured education and open dialogue, we help the rising generation develop practical financial insight across areas such as:
The program is tailored to the realities of family enterprises, recognising that financial decisions are rarely purely commercial, and are often intertwined with relationships, values and long‑term legacy.
The program is designed for all members of the rising generation, including those who may not work in the enterprise, but who have a future ownership interest, or who are impacted by family financial decisions. By building a shared financial language across the family, we help reduce misunderstanding, build trust, and create more informed and constructive conversations between generations.
One of the most powerful outcomes of financial acumen education is confidence. This takes form in the rising generation finding their voice, and for the incumbent generation feeling assured that the family enterprise and assets are in capable hands.
We support the rising generation to ask better questions, make informed contributions, and grow into leadership and stewardship roles over time.
Thank you for registering your interest in our Rising Generation Financial Acumen Training. Information on your local event will be available soon.
National Managing Partner – Private Enterprise
We'll be in touch shortly.
In the meantime, if you have any questions, please don't hesitate to contact us via communications@au.gt.com.
The announced 30 per cent minimum tax on discretionary trusts creates significant challenges for private groups.
Succession is no longer just about who takes over. Many family businesses are using succession planning as a catalyst to reassess whether their current structure is still fit for purpose. As businesses scale, trust or partnership structures can become restrictive. Issues may include limited asset protection, challenges winning commercial contracts, reduced buyer appeal, and constraints on reinvesting profits to support growth.
In estate planning, the focus is often on technical elements like drafting a will, appointing executors, minimising tax, and ensuring assets pass as intended. While these steps are important, they only form part of the picture.
Subscribe now to be kept up-to-date with timely and relevant insights, unique to the nature of your business, your areas of interest and the industry in which you operate.