Study Mission to Switzerland - Preserving Wealth for Generations In the spring semester of 2018 (4 to 7 of April), St. Gallen Institute of Management in Asia organized a Study Mission to Switzerland for Master of Science in Wealth Management students of the Singapore Management University and the Wealth Management Institute. The main idea of this study trip was to familiarize SMU students with the Swiss wealth management industry, to highlight the importance of family businesses and discuss the concept of family offices as a framework to manage significant family wealth over generations. Students spent the first two days of the study mission in St.Gallen, where faculty members of the University of St.Gallen delivered a tailor-made programme for them. Prof. Manuel Ammann kicked off the day by providing an insight on the changing Swiss private banking landscape. Prof. Thomas Zellweger spoke on the topic of family businesses. In Europe, small-and medium-sized enterprises are not only the backbone of many economies, but often serve as a major source of family wealth. In some cases, SMEs were built up over generations to multibillion-dollar operations and have created significant fortunes for their founding families. This provided students with an opportunity to learn about the structures and dynamics of family businesses. The second part of this business study mission took place in Zurich where students had the opportunity to interact with different practitioners form the industry and visit some of the financial services companies operating in this industry.