AchieveNEXT Podcasts

Middle Market Growth Conversations: Family Office Dynamics - People Over Process

By Matt Cockayne posted 01-15-2021 05:37 PM


Michael Beduze, managing partner of Da Vinci Global Consulting, and Tom Stewart, Chief Knowledge Officer at AchieveNext, discuss the family dynamics that can impact the success of a family office.

Beduze and Stewart talk about why family dynamics are frequently overlooked, why advisers should delve into so-called “soft” issues to ensure a better outcome for their family office clients, and how to address family dynamics when a business is involved.

They also point to ways that families can develop their non-financial wealth, and how to engage members of the younger generation to instill a stewardship mentality needed for multigenerational growth and success.