Strategy / Planning
Family Governance and Succession/Estate Planning
Develop Investment Strategy Relative to Family Objectives
Family Business Advisory
Reviews with other Advisors
Legal and Tax planning
Manager Selection and Oversight
Set and Manage Family Objectives and Goals
Family Generational Education
Overall Risk Management
Sale of a Family Business
Dealing with the challenges related to the transition from an active business operation. Some issues that might require attention include: liquidity, retirement planning, philanthropy, tax and estate planning.
Death or Demise of Patriarch
Managing major challenges as the builder of the family enterprise is no longer able to contribute. This loss creates a void that needs to be filled in the form of leadership, experience, and skill.
Complex Business Structure
Addressing the challenges of a potentially overwhelming environment of “Jack of all trades and master of none”. This situation requires prioritization of and assistance with many areas of the Family enterprise to ensure a high level of performance and operation.
We call this “family stuff”. Every family deals with this challenge in one form or another. This can be catastrophic for a family enterprise if not dealt with correctly.
Knowledge & Aptitude
Successful family businesses are often laser focused on their craft or area of expertise. This challenge often creates a need for expertise in other areas, such as diversification of investment management, tax, and estate planning.
Peace of Mind
Most families prefer to focus on things they enjoy, such as family travelling and philanthropy. The challenge to meet these goals is the need for professional management of the family enterprise.