As private wealth continues to rise across Central and Eastern Europe (CEE), affluent families are turning to more sophisticated structures to manage their fortunes. One model increasingly gaining traction is the Single Family Office (SFO)—a private entity created to oversee the financial, personal, and legacy-related affairs of a single wealthy family.
On this episode of the Family Business Voice, Andy Yuen talks to Ramia about owning a favourite restaurant in one of Canada’s new culinary destinations.
In a scene that could have come directly from a hit TV series, James Murdoch publicly distanced himself from the media business owned by his family. What does this reveal about the complexities around aligning with the next generation?
Professionalization of the family business is an ongoing, ever-evolving process. Here’s how each stage of the family business life cycle can be used to optimize professionalization, all the way from mom and pop shop origins to family offices. Family businesses are borne of a entrepreneurial spirit that, at its core, has continuity, renewal, longevity and […] The post The evolution of professionalization of the family business appeared first on Simple.
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