You Want to Change the World?

In the past, it was more about winners and losers. It was more about competition. It was about the people from the top, the leaders and executives whom the employees can talk to, wanting to see better results. Today, that’s not the case anymore, and I think many of you realize that. People are focused … Read more

Family Offices – One Size Doesn’t Fit All

Because of their relative opacity to larger investors, family offices remain an unreported segment of the investor community according to Private Equity International. However, the affinity towards them is growing as they’re a solid investor group that’s playing an increasingly active role in private equity as a primary provider of new capital. When trying to … Read more

Letter of Wishes and Trust – How They are Used

Letter of Wishes and Trust – How They are Used Letters of wishes are helpful to people who create long-term trusts as means for providing guidance about how the trustees make distributions to beneficiaries. They’re written instead of legal requirements and are growing more popular in the U.S. Letter of wishes, sometimes called a “family … Read more

Engaging the Next Generation – 5 Ideas to Engage Next Gen on Family Finances

“Family stories are the glue that binds together individual family members.”                                                                                                 – Jay Hughes Wealthy families are fully aware of the importance of trusts and inheritance plans. They also know that succeeding to involve the next generation in the  family business is even more critical. It often happens that heirs decide to leave … Read more

The ABC’s of Family Governance

Did you know that about 43% of family businesses don’t have a succession plan? Still, many families are reluctant to address the topic of family governance. It includes setting up structures for both the family and the business. In the formative years of the family business, many of them take on the characteristic of the … Read more

Family Enterprise – 3 key areas to keep in mind

We often hear the word family business and family enterprise, but what is the difference? The family business at the beginning becomes the focus of what the family cares about, and it’s the most critical asset. On the other hand, a family enterprise includes the entire scope of activities that the family engages with, and … Read more