Mar 23, 2020 | Family Office
Photo by Daniil Kuželev on Unsplash A number of years ago I had the pleasure of hearing Jay Hughes speak at a family office conference. Hughes, the author of a number of classics in the family office / family wealth realm, remarked offhandedly during Q&A...
Mar 18, 2020 | Family Office
Photo by James Wainscoat on Unsplash A couple of weeks ago, we outlined 3 of the most common and useful models that have been developed to describe family business. Because of all the constituents at play in a family business, there are so many dimensions at play...
Mar 4, 2020 | Family Office
from The “Inconceivable” Princess Bride “The beginning of wisdom is the definition of terms.”Socrates At a recent family dinner, I had the distinct joy of introducing my children to the Abbott and Costello routine of “Who’s On First.” My eldest, who...
Feb 17, 2020 | Family Office
“All Models are wrong, but some are useful.” -George Box Photo by Clint Adair on UnsplashToday, I want to reflect on the concept of models and how they relate to family business. Models, not of the aesthetic variety, are a tool we use to explain how reality...
Jan 23, 2020 | Family Office
The family business executive I was speaking with was generally flummoxed. After working carefully to recruit a new executive to their team, the individual had lasted only 18 months or so before leaving the company. The company culture and role were all a fit –...
Dec 5, 2019 | Family Office
Photo by Benjamin Davies on Unsplash Today I want to conclude our 3 part series looking at the basics of family offices. In the first two parts, we considered what family offices are and what they do. We concluded the primary role of a family office is to help manage...
