How to manage your family enterprise like a successful business | GLOBE AND MAIL X RICHTER

In the recent “How to manage your family enterprise like a successful business” article, in collaboration with The Globe and Mail, our partners Tasso Lagios, Greg Moore and Justine Delisle shared pivotal insights about family enterprises and the importance of a customizable family office solution.

The article highlights the transition of a third-generation business owner into managing substantial wealth following a $300-million liquidity event. Richter aided in managing his portfolio, setting up his family office solution, and establishing family governance. It emphasizes the importance of a holistic approach in managing wealth, akin to operating a company.

One of the key takeaways is that is the importance of holistic wealth management, effective communication, and strategic planning in navigating the complexities of transitioning from business success to managing substantial wealth across generations.

Read the full article on the Globe and Mail’s website.