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Family Offices: The Sober Guardians of Family Wealth

Family businesses, and the wealth they create, are run by human beings, who can be impulsive. Read More...

Category: Interviews

Author: Kimberly Eddleston

The Paradox of Choice: Wealth's Impact on Family Potential

Generational Wealth Presents A Paradox of Choice Children growing up with generational opportunity face Read More...

Category: Practice Insight

Author: Doug Baumoel

Wealth Can be Hazardous to Future Family Business Leaders

But all too often, the comfortable lifestyle that family wealth makes possible does not do the younger Read More...

Category: Interviews

Author: Kimberly Eddleston

It’s Complicated: Managing Succession in Cases of Divorce and Adoption

Part 1 of 2 --  Family business succession planning clearly is among a family business’s most challenging events and plenty of experts have weighed in on how to do it right. However, most of Read More...

Category: Applied and Practice

Authors: Nadine Kammerlander and Leona Rethmann

How Family Businesses Survive Unexpected ‘Wild Cards’

In order to survive such long periods, family firms need to successfully manage operational performance Read More...

Category: Research Insight

Authors: Wojciech Czakon , Monika Hajdas and Joanna Radomska

Keep the Founder's Entrepreneurial Spirit Alive in Future Generations

Most significant wealth is created through entrepreneurship, and in many countries family business plays Read More...

Category: Applied and Practice

Author: David Werdiger

Employees With Toxic Traits Can Still Be An Asset at Family Firms

Less formal in their management structure than their larger peers, small family firms in particular may Read More...

Category: Research Insight

Authors: Benjamin McLarty and Daniel T. Holt

Developing Your Business Family Strategy: Where to Start and What to Consider

Finally, the family’s approach to wealth is a big factor in developing the family business governance Read More...

Category: Applied and Practice

Authors: Tom Rüsen , Isabel C Botero , Arist von Schlippe and Torsten Groth

How Do Owners of Family Business Portfolios Restructure Poorly Performing Firms?

  On one hand, the foundering asset can be intertwined with the family’s social-emotional wealth Read More...

Category: Research Insight

Authors: Marina Palm , Vanessa Diaz Moriana and Nadine Kammerlander

10 Things That Help Family Businesses Preserve Their Legacy

Material Assets -- This can include wealth, property, businesses, or other possessions handed down Read More...

Category: Applied and Practice

Author: R. Adam Smith