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Family Office Handbook: Defining Your Purpose and Model

Part One of the Family Office Handbook focuses on the ‘why’ and ‘what’ of establishing a family office, and how it could work for your family business. Is a family office the best platform to manage your family wealth and other collective family needs? What should be its mandate and activities? What assets will it hold and manage?

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Family Office Handbook: Effective Governance

Family office governance is a set of a guiding principles that defines how the family will make decisions with respect to its family office. These guiding principles includes rules, protocols, processes, and organizational structures – typically formalized in a written document called a family office charter or constitution. The goal of governance is to ensure the achievement of the overall vision and objectives of the family office in a fair and transparent manner.

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Engaging a Trusted and Effective Mediator

In 2019, FBCG conducted a seminal study on the availability and effectiveness of alternative dispute resolution (ADR) across the six GCC countries. A key finding of the report “Dispute Resolution for Family Businesses in the GCC: Keeping the family united” was that mediation is an effective way to resolve conflict amongst families.

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