Family offices play a critical role in the wealth management and legacy of family businesses. While the benefits of having a family office are many, there are also risks — not only to the business, but also to the family itself. Families and family wealth inherently come with a lot of complexity that can cause conflict, affecting relationships, operations and financial capital.
This webinar discusses some of those common points of conflict, including:
Investment risk: Managing conflict arising from differing risk tolerances
Management risk: How the management and structure of a family office can inadvertently create conflict
Succession risk: How family offices can be used as succession vehicles, and the risks inherent in doing so
