Investment Advisory
By helping companies establish a dialogue between family members, create a Family council or Board of directors, Advisory board and develop a family constitution and code of conduct, the advisers can help sustain the business through next generations.
Importance of investment advisory provides structure for business owners to reach outside their area of expertise or industry in an effort to broaden their knowledge, skills, experience, and network. It adds value across three dimensions.
Solving complicated issues for the business. Providing counsel for difficult decisions when family members disagree. Helping move stubborn projects forward. Gaining experience of outside advisors to supplement the family's skillset