Carrie Wang: Choosing Between the Family Firm and the Family Spirit

Carrie Wang, Investment Head of the Wang’s single-family office, contemplated her next career steps. As one of the first businessmen who had risen from China’s industrial rise, her father had grown his wealth to a considerable level, eventually requesting that his daughter assist in the portfolio. Initially uninterested in joining the family business, Carrie eventually took on a leadership role to improve her family’s investment portfolio – in part, due to concern for some of her father’s financial decisions. After reassessing and stabilizing the family’s assets, she considered expanding her scope by launching a boutique multi-family office abroad. However, this decision came with significant sacrifices, including time away from the family firm and its finances. Should Carrie pursue her passion or prioritize her family’s legacy? How should she navigate the delicate balance between family duty and personal ambition?