A global wealth transfer of continental fame, RunAlpha is set to launch a new business model that will help in the management of an estimated $60 trillion global wealth transfer with emphasis on family businesses in Africa.
This amount estimated to change hands in the next decade, even as research shows that most family fortunes hardly survive beyond the third generation.
In Nigeria, where family businesses form the backbone of the private economy, this intervention becomes most compelling in the face of lack of proper structures in place and decades of accumulated wealth being lost to poor succession planning, fragmented assets, and inadequate financial governance.
It is against this backdrop that RunAlpha, a Lagos-based family office and private wealth advisory firm, is stepping in due largely to the fact that Africa currently has fewer than 70 family offices serving the entire continent, according to a 2024 Deloitte report.
This according to RunAlpha, is a striking gap, given the that Africa is home to over 122,500 millionaires and that wealth is projected to reach $3 trillion by 2030.
“RunAlpha is working to close this gap for Nigerian families by providing a structured, multi-generational wealth management strategy that has long protected dynastic wealth in Europe and North America.
“The question for Nigeria’s wealthy families is no longer how to make money but on how to keep it across generations. Protecting a legacy requires a different kind of expertise, and that is exactly what we provide.”
“RunAlpha offers high-net-worth individuals and families a dedicated family office structure, coordinating investment management, estate planning, succession strategy, and asset protection under one roof. The firm serves clients whose financial complexity has outgrown what traditional banks and retail wealth managers can handle”, said a representative of the firm.
RunAlpha which can be reached for scheduled consultation at [email protected] or +234 909 371 7972, and www.runalpha.co, is located at 1 Uwa Close, Off Billings Way, Oregun, Lagos.
RunAlpha is a Lagos-based family office and private wealth advisory firm serving high-net-worth individuals and families across Nigeria. The firm provides bespoke investment management, succession planning, and multi-generational wealth structuring grounded in global expertise and tailored to African realities.
