Guiding Your Family Through a Liquidity Event
Overview
According to research conducted by JPMorgan Private Bank's Advice Lab, almost one in three family-owned businesses has experienced some form of liquidity event over the last 12 years. An outright sale or a merger or initial public offering has major implications for businesses that may have been family-run for generations. The analysis highlights how liquidity events can undermine a family's sense of purpose and cohesion, as well as its capital.