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.
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 ente
This article by Sara Hamilton, Mariann Mihailidis and Teresa Bellock outlines the steps that can be taken to ensure all parties involved in a trust (grantors, trustees, beneficiaries and related pr
FOX research shows that a top concern for wealth owners, second only to preserving the value of assets, is helping children to become productive adults.
Amid rumors of the demise of the small family office, FOX examined the primary challenges these offices face.
This study is written for the small office executive or wealth owner running an office with seven or fewer employees who wants to better understand their office's performance relative to others of
Families with inherited wealth soon recognize that sharing ownership and control of family assets is far more complicated than any family might expect. Sharing ownership and decision-making with o
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 fami
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 prov
The vast majority of the wealthy actually come from middle-class or working-class backgrounds.
While every family is critically concerned about the well-being of their financial assets; the well being of their human capital—the future of their children and the health of the family--is upper
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