Amelia Renkert-Thomas, Co-founder of family business consultancy Withers Consulting Group, outlines the need for governance and the different approaches family offices can take to it, in partnership with the Family Office Association.
The transition from one generation to the next can make or break a family business; and as the 'baby boomers' hand over to the 'millennials', the risks of getting it wrong have never been greater.
How firms deliver service is the greatest differentiator between the state of the art and the state of the industry in family wealth management, according to a new report from the Family Office Exchange.