Family Capital Strategy is pleased to announce that Founder, David Wells, was named recently to Nashville Post’s 2020 All-Star Board.
Unique insights to drive your family and family office forward, authored by Family Capital Strategy
Family Office Articles
Family enterprises are basically collections of paradoxes. While paradoxes are often treated in an adversarial manner, it is important to recognize the falseness of such a dichotomy, and work towards creative resolutions.
While there are many great books out on business management, the vast majority are focused on traditional companies. The resources available to assist those tasked with leading and developing professional services firms are far fewer. Here are our favorites.
The mentality of “if you aren’t the best, you are the worst because its you” can help serve as an Occam’s Razor for families as they evaluate various paths of action.
We look at the three hardest things for family enterprises to do and why the study of complex adaptive systems gives us insight into them.
“The beginning of wisdom is the definition of terms.”
Because of all the constituents in a family business, there are often times so many dimensions at play in any matter that dissecting what is actually occurring is incredibly challenging. Instead, models like the Three Circles, Four Rooms and Five Capitals arm us with a set of lens by which one can interpret the circumstances presented.
The locales that families build their wealth in are often times closely intertwined with the family’s identity and narrative. Yet like all considerations for a family office, the choice of geography is an important one, and importantly the ‘default’ answer should not be immediately adopted simply because it is the default.
We conclude our 3 part series looking at the basics of family offices
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