More than 50 percent of ‘wealth-originators’ do not trust the next generation to look after the family’s business, wealth, and investments. In the latest version of our monthly newsletter, The Lede, we looked at how families can overcome intergenerational animosity when planning succession.
Effective PR, communications, and media strategies are essential to a smooth succession event in a family business. While financing planning and tax strategies are almost always carefully thought through, public relations and reputation capital is often forgotten or sometimes ignored.
The holders of significant private wealth are under increasing pressure to demonstrate their moral compass, writes Simon Rylatt, a partner at Boodle Hatfield.
Communication is one of the most important factors in managing a successful succession event. We sat down with Lucy Birtwistle, Relationship Manager in Stonehage Fleming's Family Office team, to speak about the challenges families face when thinking about transitions wealth, and business to the next-generation.
Every person we work with needs a bespoke solution. Your needs are paramount and we shape our services to best meet your requirements.
Effective communication will give you the reputation you need to achieve your goals as well as circumvent the risks that plague successful families. To discuss taking control of your communications, fill out our contact form or contact us directly.