Deliberate communication among family members can support deeper understanding and strong family relationships. But they don’t happen organically. Whether in a family meeting or over family holiday dinners, there are tools and best practices that can help foster more fruitful conversations.

Families with businesses most often overlook family governance, yet in the long run, it may have the greatest impact on the cohesion of the family enterprise. Assessing the needs, strengths and challenges of the family-business system can help determine the most appropriate forms of family governance.

Deliberate communication among family members can support deeper understanding and strong family relationships. But they don’t happen organically. Whether in a family meeting or over family holiday dinners, there are tools and best practices that can help foster more fruitful conversations.

Families with businesses most often overlook family governance, yet in the long run, it may have the greatest impact on the cohesion of the family enterprise. Assessing the needs, strengths and challenges of the family-business system can help determine the most appropriate forms of family governance.

Specialized insights

Q: Vision, purpose, values

Part of the core building blocks that contribute to future success, a family’s vision represents the long-term future that the family is working toward. A family purpose articulates why this vision is important. And clarifying family values helps create more cohesion within a family.

Q: Engaging the rising generation

It’s important to provide opportunities for the rising generation to develop skills and gain needed financial literacy. Creating openings for learning, failing and succeeding are critical to long-term success and educating all rising family members can help level the playing field.

Q: Philanthropic strategic planning

Philanthropy can be a unifying force, bringing a family together around a shared purpose. Thinking carefully about the causes your family will support and the organizations you will fund are key to creating an effective philanthropic plan based on your shared values.

Q: Vision, purpose, values

Part of the core building blocks that contribute to future success, a family’s vision represents the long-term future that the family is working toward. A family purpose articulates why this vision is important. And clarifying family values helps create more cohesion within a family.

Q: Engaging the rising generation

It’s important to provide opportunities for the rising generation to develop skills and gain needed financial literacy. Creating openings for learning, failing and succeeding are critical to long-term success and educating all rising family members can help level the playing field.

How can multigenerational families flourish over time? Our publication can help guide families with a roadmap for holistic success that includes the nonfinancial aspects of family wealth, such as family dynamics, culture, communication, governance and more.

Explore insights and best practices from decades of experience helping multigenerational families create success.

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The four “Cs” of flourishing families

Families that want to flourish over time need to foster qualities and skills that contribute to success beyond the investment and oversight of financial assets.

Families that thrive for generations actively work on what we call the four Cs: clarity, communication, culture and cohesion.

Vision, purpose, values

Family conversations

Engaging the rising generation

Philanthropic strategic planning

Succession planning

Dive deeper

Gain important insights and best practices that can help your family flourish for generations to come.

Download the report

Wealth planning

Private derivatives
Learn how private derivatives can help business owners and fund managers to transfer wealth based on the financial performance of an asset that itself may be difficult to transfer.
2024 Year-end planning strategies
Now is an opportune time to review your overall wealth picture
Estate planning and cognitive aging
Planning ahead can help protect you and your loved ones

Family Office

Business succession

Private derivatives
Learn how private derivatives can help business owners and fund managers to transfer wealth based on the financial performance of an asset that itself may be difficult to transfer.
Planning for success
How to position for both business and personal success on a business exit
Planning for the sale of a closely held business
Provides educational overview for transaction of selling a closely held business.

Investment strategies

The power to scale impact
How blended finance can enable transformative social and environmental outcomes
Private derivatives
Learn how private derivatives can help business owners and fund managers to transfer wealth based on the financial performance of an asset that itself may be difficult to transfer.
Planning for success
How to position for both business and personal success on a business exit

Philanthropy and purpose

The power to scale impact
How blended finance can enable transformative social and environmental outcomes
2024 Year-end planning strategies
Now is an opportune time to review your overall wealth picture
Planning with Carried Interest
Wealth transfer strategies for private equity, hedge fund and venture capital managers.

Networking and events

East coast

Christopher DiMuriaManhattan Market

Jim DuceyGreater Boston Market

Julie FoxPhiladelphia / D.C. Market

Lane StrumlaufSoutheast Market

West coast

Midwest

¹ This guide focuses on the tax rules that apply to collectors. These rules often differ from the rules that apply to artists. In addition, this guide uses the term “bequest” in the colloquial sense—referring to a transfer upon death—rather than its strict legal sense.

Securities-backed loans, mortgages and deposit products are available from UBS Bank USA – Member, FDIC. NMLS no. 947868. UBS Bank USA is a subsidiary of UBS Group AG.

Neither UBS Financial Services Inc. nor its employees (including its Financial Advisors) provide tax or legal advice. You should consult with your legal counsel and/or your accountant or tax professional regarding the legal or tax implications of a particular suggestion, strategy or investment, including any estate planning strategies, before you invest or implement.

Private Wealth Management is a division within UBS Financial Services Inc.

Expiration: 2/29/2024 Review Code: IS2300943