Family Office

All growing families face risks to cohesiveness from increasing numbers, increasingly diverse backgrounds and interests, and a progressive dilution of the affinities that define them as family.
-Lucas and Lansky, “Managing Paradox ”
- Building a family office
- Formalizing your family office outside the business
- Developing and improving your current family office
The Family Business Consulting Group can help.
We offer the following in family office services:
Family Office Services:
- Aid ownership in developing their vision
- Values statement creation
- Building Family business governance
- Building Family office governance
- Help in developing philanthropic programs for next generation education
- Developing structures for continuity
- Next generation education and development
- Aid in developing cohesive family teams
- Communication building
- Formalizing an embedded family office into a separate entity
Goals of family office consulting:
- To help families that want to stay together as a cohesive group, stay together
- Help to steward the wealth for future generations
- Help family members to take ownership and develop family commitment to decisions regarding family wealth
- Educate families on managing the wealth strategically and in accordance with the family’s values
- Leverage the wealth to help in developing each generation into fulfilled and contributing human beings that understand the responsibility that go with wealth
- Build structures to help families members that want to take part in the family governance, participate in the wealth management and leverage the wealth as a mechanism for cohesiveness
The Family Business Consulting Group applies the same principles to working with family office that have been so successful in maintaining family enterprises throughout the generations.
FBCG has worked with thousands of family enterprises for over ten years
Meet our Family Office Clients:
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Most are single family offices
FBCG also works with family offices inside of an ongoing business, trust companies and multi- family offices
Generation leading the Family Office is mostly G2
But we have worked with generations 1 – 8
Most often, the Family is our Client
Occasionally the family office has been our client
Many of our clients own an operating company
About one fifth of our family office clients do not have an operating company
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