Family businesses increasingly transform into families in business through strategic shifts, the sale of a business or diversification. As they continue to work together beyond these evolutions, family owners face challenges both on the family and the business side. The entrepreneurial spirit of family businesses often survives a liquidity event and many families continue to work together as asset operators vs asset owners.
Across its member associations, FBN gathers circles of business families who are considering, are in the process of or have established family offices to learn and exchange among peers, discussing both the family and the business sides of a family office.
- The family side of family office: succession planning, education of the Next Gen, family cohesion, entrepreneurial spirit, family compensation, philanthropy, concierge services, etc
- The Business side of family office: wealth planning and management, diversification, active investing, non-family talent, impact investment