How does one succeed at managing, growing and transitioning a business while caring for the family and its legacy? We have counseled many family business clients, helping them address this age-old question. Whether our clients are founders or next-generation owner-operators of family businesses, our experience is that they will be confronted with a complex set of issues specific to both family and family business ownership.
The Center for Family Business seeks to help family businesses and their owners achieve their objectives and address issues where family and business intersect. We provide family businesses with advice, insights and resources on a range of topics related to family business ownership, derived from years of honing our deep subject-matter expertise and stewarding an institution that began as a family business itself more than 200 years ago. Our areas of focus include the following:
Defining Legacy and the Future of the Business
Learn more about how we help our clients define their visions, preserve their legacies, shape the future of their businesses and develop their objectives with their families.
Building a Support Team
Learn more about how we help our clients identify, assess and enhance their teams of trusted advisors.
Succession Planning – Management and Ownership
Learn more about how we help our clients prepare and plan for management and ownership succession.
Learn more about how we help our clients determine capital policies that balance the needs of the business and the family.
Learn more about how we help our clients develop employment policies for family members.
Governance and Communications
Learn more about how we help our clients create and enhance formal governance and communication structures for their companies and family members.
Distributions and Family Liquidity
Learn more about how we help our clients create policies for distributing income, transferring and redeeming shares and communicating return expectations.
Balancing Competing Interests
Learn more about how we help our clients create frameworks and processes for balancing competing interests within their businesses.