Family Governance and Leadership Succession

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"Know Thyself": Personal and Career Assessments for Family Members
Self-assessment is a process by which individuals can learn more about themselves - what they like, what they don't like, and how they tend to react to certain situations. This self-knowledge can
Succession for the Senior Generation: Letting Go Without Pain and Suffering
92% of heirs switch their advisors after receiving their inheritances. As the Baby Boomer generation prepares to transfer an unprecedented amount of wealth to the next generation, advisors have an
Liquid States: The Dynamics of Family Wealth Events
Over the past decades, family specialists have developed a deeper understanding of the host of emotional responses that accompany wealth events – whether the event in question is a business sale,
50 Best Practices for an Enduring Family Enterprise
Family Office Exchange
The 50 Best Practices for an Enduring Family Enterprise are the practices that we believe have contributed to the multi-generational success of the highest achieving and most forward thinking
The Family System: New Approaches to Leadership in the Family Business
Collaboration is necessary to both business and family success in the 21st century. Yet many families find it difficult to develop a collaborative culture - and collaborative leadership - when their
Families Without Borders: Cross-Cultural Communications in the Multinational Family
Multinational families are not a new phenomenon; history is full of noteworthy family trees whose branches have spanned the globe for generations. Increasingly, though, even younger families find
Preparing the Next Generation for the Responsibilities of Ownership
Family Office Exchange
The result of one year of research and study with ultra-wealthy families, this landmark report by FOX not only examines the need for thoughtful, intentional preparation for ownership but also
Forming a Family Council: Roles, Responsibilities, and Structures
For business owning families, family councils offer opportunities for members to be involved with both the family business and the family system itself. A council can provide structure that helps
Should We Stay or Should We Go: The Decision to Keep the Family Together
Ultra high net worth families face the question of whether to keep the financial family together at many points in time. From the first liquidity event through the continued branching of the family
Educating Family Members
When wealth owners are asked what challenges them most, their first answer is frequently, “helping my children become productive adults.” Parents want their wealth to be a source of satisfaction and