An Open Letter to the Family Patriarch

At the start of a family enterprise journey, there is often a patriarch (or matriarch) who was both an entrepreneur and a leader who overcame uncertainty or adversity to create something very special with the potential to last for many generations. For the families seeking to sustain their legacies, there will come a time for the patriarchs to move forward to the next phase of life—preparing for the generational transition. However, it will require a different mindset and form of leadership. With this open letter looking forward, here are some simple steps that can be taken to begin that process of change.

For more insights and a practical roadmap to help manage your family wealth across generations, download the eBook: An Insider’s Guide to Family Office.