Essential Reads on Family Offices (eBook)

Foreword 3

Family office profiles 5

Family office profile: Rodolfo Paiz, CEO of the PT Family Office (Miami and Guatemala) 7
Interview by Suzy Peterfriend

Family office profile: Northwood Family Office 10
Interview with Tom McCullough by Barbara R Hauser

An interview with Sue Nickason of Dart Family Office 15

Governance, entrepreneurship, resilience and reinvention on the five-generation journey of a family enterprise 17
Dennis T Jaffe, Maya Prabhu and Carolina Cintra

Family office profile: VALUEworks AG, Zurich/Switzerland 26
Interview with Kecia Barkawi, CEO and founder of VALUEworks AG by Barbara R Hauser

Family business, family office and next gen 30
Fabrizio Arengi Bentivoglio

Single-family offices in the 21st century – remaining fit for purpose 33
Iraj Ispahani and Carl Sjöström

Governance 41

Case study – design and set up of a family investment office 42
Guillermo Barandalla

Family mission vision and values statements: the essential foundation of an effective family governance system or just another form that cannot function? 45
Christian Stewart

The three family constitution archetypes and a wise alternative 53
Christian Stewart

Family constitutions, the rule of law and happiness 60
Barbara R Hauser

Stress tests – building resilience in the face of a crisis 68
David Werdiger

The benefits of applying the rule of law in family governance 74
Barbara R Hauser

The great man fallacy and family governance 79
Franklin J Parker

NextGen 85

Family office succession planning 86
Susan R Schoenfeld

The right time to involve the next generation 94
Antoaneta Proctor

Parental expectations: effective guidelines or messy messages? 99
Raimund Kamp

Not the founder’s family office: evolving to meet the needs of rising generations 106
Amelia Renkert-Thomas

Let’s do it the SMART way: a practical guide for the raising of affluent children 115
Philippe J Weil

The importance of financial education for securing wealth transfer across generations 122
Peter Brock

I’m successful, but can’t talk to my children about money! Help! 128
Maya Prabhu

The hows and whys of enterprising families reinterpreting timeless tales for their NextGen 133
Asher Noor

Generational resilience through the integration of governance into structure 140
Carly E Doshi, William J Kambas and Michael S Schwartz

Reframing succession in a disruptive era – a business family perspective 148
Roger King and Jeremy Cheng

Five things wealthy families can learn from Lee Man Tat 154
Russell Cohen

The next generation of strategic cultural philanthropy – impact, social justice and the opportunities for nextgen donors in the arts 156
Melissa Cowley Wolf

Effective mentoring for the next generation 165
Jessica McGawley

Women: wealth and self-reliance 185
Philip Marcovici and Caroline Underwood

Safeguarding the family’s digital narrative: how to navigate the challenges of the social media revolution 209
Charlie Bain

About Globe Law and Business 225