Putting Family First: The Power of Governance in Family Offices

Global Families
Family Office
Family Wealth Planning

By embracing governance in a family office, families can safeguard their legacy and ensure successful wealth transfer strategies for generations to come.

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Author

Emily Neubert: Director—Family Governance

Key Takeaways

Establishing a family office can be a powerful tool for wealthy families to transfer wealth across generations, but without proper governance, it can lead to conflict and financial instability.

A family office provides centralized wealth management, efficiency, and privacy, but it requires a common purpose and formal governance to safeguard a family’s legacy.

Families must prioritize establishing governance structures to ensure their wealth transfer strategies are successful and their legacy is preserved for generations to come.

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Putting Family First: The Power of Governance in Family Offices

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Putting Family First: The Power of Governance in Family Offices

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