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How to break generational silos and create Shared Governance, or « It’s not just about having a seat at the table—it’s about having a vote that counts. » #familygovernance #familyoffice

A global survey of 300 family business owners noted that 88% recognise a strong culture as crucial for future success – yet only 39% believe their culture is adequately future-ready. This disconnect highlights the need for deliberate cultural adaptation, especially as younger generations take the reins. Successful culture transitions require conscious, active management. This includes involving the next generation early to build their interest and emotional connection to the business, fostering transparency and accountability. However, it’s also important to encourage next-gen members to build up their financial literacy and gain external experiences that offer a broader perspective outside the family business. With family offices projected to transfer $84 trillion over the next 20 years – succession planning requires a gradual transfer of control, balancing the founder’s legacy with the next generation’s ambitions, particularly when it comes to managing wealth and societal impact. #familyoffice #familybusiness #succession Image source: Egon Zehnder Brent Murphy Wayne Gatt Steph Loadsman Courtney West Kaajal Prasad Daniel Trimarchi Paul Robson Julie Dolan Rachel Witte Melanie Leis David Minuzzo Jock Foster Agnes Vacca Sarah Josey Steve Manners Josh Geelan Derek Campbell Keith Drewery Catherine Eastman

Marc Andreessen doesn't need to know everything about you. The famous VC dismissed the notion of "bringing your whole self to work," arguing that certain things aren't appropriate to share in the office and beyond. "Leave your full self at home where it belongs and act like a professional and a grownup at work and in public," the cofounder and general partner of Andreessen Horowitz wrote in a recent post on X. Andreessen isn't the first to reject the idea. Yet his remarks come as workplace norms appear to be drifting further from pandemic-era mores around everything from office attire to remote work to diversity, equity, and inclusion efforts. Read more about his comments and what experts suggest on BI: https://lnkd.in/eB9aYYaP (Credit: Getty Images) #marcandreessen #careers #workculture

The convergence of advancing technology, demographic shifts, and geopolitical dynamics will present unique challenges and opportunities for family offices in 2025. By leveraging frameworks like STEEPV, embracing change, aligning investments with values, and prioritizing innovation, family offices can make informed decisions that ensure resilience and adaptability in an ever-evolving landscape. #FamilyOffice #Leadership #Innovation #DigitalTransformation

The convergence of advancing technology, demographic shifts, and geopolitical dynamics will present unique challenges and opportunities for family offices in 2025. By leveraging frameworks like STEEPV, embracing change, aligning investments with values, and prioritizing innovation, family offices can make informed decisions that ensure resilience and adaptability in an ever-evolving landscape. #FamilyOffice #Leadership #Innovation #DigitalTransformation

As family offices become more of a driving force in the economic landscape, I’ve seen a significant shift in their operations. Traditionally viewed as closed ecosystems, these entities are starting to move towards more open and transparent approaches. Here’s what I think is driving this change: - Economic influence: their increasing influence in the market moves them to push towards practices of institutional investors, such as transparency and shared learning. - Cross-generational collaboration: new generations are taking over family offices and are more inclined towards openness. They value collaboration and are more willing to exchange insights. However, there needs to be a balance. While moving towards transparency is good, family offices will still need to protect their unique strategies and competitive advantages. Therefore, the challenge will be to be open enough to contribute to and benefit from industry advances while still retaining enough proprietary methods to maintain a competitive advantage in the market. Feel free to share your thoughts or experiences below, or simply give a thumbs up if you agree! 👍🏼 #familyoffice #advisor

Family offices are rapidly evolving to meet the dynamic needs of ultra-high-net-worth families. According to Forbes, current trends highlight: 📈 Increased Adoption of Technology: Family offices are leveraging advanced technology for investment management, data analytics, and enhanced security. 🌍 Globalization: Expanding their reach globally, family offices are exploring diverse markets and investment opportunities. 🔄 Sustainable and Impact Investing: There is a growing focus on sustainable and impact investments, aligning financial goals with social and environmental responsibility. At Ledgex, we support these trends by providing innovative tools that help family offices navigate this evolving landscape with confidence. #FamilyOffices #WealthManagement #InvestmentStrategy #Ledgex #FinancialInnovation Peter Cunha, Nicole Eberhardt, Christopher McCoy, Wendy McCoy, Brian Nickerson https://lnkd.in/eVXQpVAC

*FAQ FRIDAY* How is the family office industry evolving, and what are the future trends? The family office industry is undergoing rapid transformation as it adapts to new economic realities, changing client needs, and technological advancements. Key evolutions and future trends include: Increased Technology Adoption: Family offices are leveraging cutting-edge technologies, such as AI and data analytics, to enhance decision-making, improve operational efficiency, and provide more accurate reporting. Direct Investments: There is a growing trend toward direct investments in private equity, real estate, and startups, giving family offices more control and potentially higher returns compared to traditional investment vehicles. ESG and Impact Investing: As clients prioritize social and environmental values, family offices are increasingly focusing on sustainable and impact investing, aligning wealth strategies with broader social goals. Intergenerational Wealth Transfer: With the upcoming shift in wealth across generations, family offices are focusing on robust succession planning, governance structures, and educational initiatives to ensure the smooth transfer of assets and preservation of family values. Globalization: Family offices are expanding their reach across global markets, exploring new investment opportunities in emerging regions to diversify their portfolios and access new growth potential. At Ledgex, we empower family offices with the tools and insights needed to embrace these trends and manage their growing complexities. Our platform offers innovative solutions designed to help family offices thrive in this evolving landscape. #FamilyOffices #WealthManagement #FinancialStrategy #Ledgex #Technology #SustainableInvesting #GlobalMarkets

Discover the impact of the tripling in Family Offices since 2019 and how it has contributed to the rising demand for specialised talent. Read the full article to uncover insights and opportunities: https://lnkd.in/eTg74hyW #FamilyOffice #FamilyOfficeRecruitment #TalentAcquisition

Rentper:"Breaking barriers and redefining possibilities. Every ability brings unique value to the table. Let’s build inclusive workplaces where everyone can thrive! Rajiv Memani & EY learn from our startup how to take care of own people. #InclusionMatters #AbilityOverDisability #WorkWithoutLimits