How to Make Family Meetings Work

Many clients have heard about family meetings — meetings that go beyond regular, quarterly reviews of planning items or investment results — either from their advisors or from other families of wealth. Some experiences have been wonderful while others have been less successful. Although most clients have some idea as to what family meetings are about, those perceptions are often fragmentary and based on limited personal experience. So at some point, most families ask, should we have a family meeting?