As the scope of a business-owning family’s activities expand and the family grows across generations, the organic shift from a business-centric family to a family-centric enterprise or “family enterprise” begins. The family is faced with the issue of how to preserve the family wealth and well-being beyond the first generation.
Recommended for: Family leaders, family office executives, business owning families
Family legacy encompasses all that a family holds dear and wants to preserve for the future – the history, values, knowledge and experience that are as essential as a family’s financial assets. Effective leadership, governance structures, planning, education and communication are all critical elements in sustaining a family’s legacy across multiple generations.
Amy Hart Clyne identified five generational themes and eight recommendations to help family leaders, family office staff, and advisors strengthen their relationships with the Millennials in the fa
Today’s young adult family clients – specifically those who identify as Millennials or Gen Y – are bringing a distinct set of preferences and sensibilities to their relationships with their most tr
Developing great family leaders is a process, not an event. Leadership success is often measured by knowledge, skills and abilities coming together at critical times.
One of the most frequent “keep you awake at night” questions for wealth owners is how to raise responsible, motivated and independent next generation children?
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