At TFO Phoenix, we understand that your family’s “wealth” includes not only your financial capital, but your intellectual, human and social capital as well. Maximizing the value of these different forms of capital requires an organized process that extends your family’s knowledge, values and wealth beyond its older generations and prepares the younger generations for larger roles in your family enterprise at the appropriate time. Central to this process is constructing a framework for future decision-making within your family, including specific roles and policies, that increases the likelihood of your family achieving its goals.
Some of the ways we can help you create this process for your family include:
- Designing and facilitating family meetings and retreats to ensure commitment and communication amongst family members
- Designing and conducting educational sessions targeted at specific generations to give them the appropriate knowledge and tools to be successful future leaders of the family enterprise
- Developing and implementing a Family Values and Mission Statement
- Creating a Family Constitution and/or Family Council