Client Profile

The B Family, a prominent European family with a €1.2 billion net worth, including a multinational family-owned business and extensive art collections. The patriarch wanted to ensure a harmonious transition to his three children.

The Challenge

With diverse interests and differing visions among his heirs, Mr. F was concerned about potential conflicts that could jeopardise family unity and wealth preservation. The lack of a clear succession plan and governance structure posed significant risks.

Our Solution

Family Consultation: Facilitated open dialogues to understand aspirations, concerns and strengths.

Succession Plan Development: Crafted a comprehensive plan outlining the transfer of leadership and ownership, balancing fairness with meritocracy.

Family Governance Structures: Developed a family constitution, including a council and decision-making protocols.

Next-Generation Education: Provided tailored programmes covering leadership, wealth management and understanding emerging investment sectors.

Conflict Resolution Mechanisms: Implemented processes for dispute resolution, including mediation and regular retreats.

Results

Smooth Transition: Succession plan executed seamlessly, ensuring business continuity.

Wealth Preservation: Tax-efficient structures reduced potential inheritance taxes by 25%.

Family Unity: Governance structures fostered open communication, lowering tensions.

Empowered Next Generation: Heirs became confident stewards of the legacy with a shared vision for growth.