Taking the Long Term View: Building a Hundred Year Family Enterprise

Speakers: Sara Hamilton, Founder and CEO, Family Office Exchange and Dennis Jaffe, Ph.D., Saybrook University

 

While most family wealth is newly created, families increasingly look ahead and want to design a multi-generational future that balances all aspects of their family capital. This session will identify the building blocks for a strong family enterprise, and will review the success patterns of 40 multi-generational families. We will look at the steps that lead to a shared decision to create a lasting family enterprise. As a critical element of this process, families can evolve into a family enterprise by understanding the important building blocks of the family enterprise. 

 

As a result of interviews with family leaders from 40 successful multi-generational families, we will provide experiential knowledge demonstrating how the heirs of the wealth creator have implemented a shared decision to create a great family to support their successful wealth and family enterprise. The group will discuss the strategies and best practices utilized to meet the internal (family) and external (business and environmental) challenges that face every family of wealth.