Family Enterprise

Below are resources that address the complex and vast landscape of Family Enterprise.

Resource Topics

Everything Everywhere All at Once?
Family Enterprises in 2024

By Patricia M. Angus – Originally published in Trusts & Estates, January 2024 The  2023  Academy Awards ceremony was quite a sweep for the film Everything Everywhere All at Once,1 which conventions, including genre, casting, plot and the time-space continuum. Looking…

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Trust Ownership of Family Businesses:
Planning for the Future

By Patricia M. Angus – Originally published in Trusts & Estates, February 2024 The scenario is all too common. The founders (or non-founding owners) of a family business realize it’s time to do some estate planning. Their email inboxes have been…

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Complex Family Enterprise: A new way to describe a growing phenomenon

By Patricia M. Angus – Originally published in Trusts & Estates, March 2023 Trusts and estates practitioners (for example, lawyers, accountants and investment advisors) take their clients as they find them. If you’re writing a will or doing an estate plan,…

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Mental Health and Estate Planning

Patricia joins Arden O’Connor of the Beyond the Balance Sheet podcast in a discussion about estate planning with mental health and addiction issues in mind. Patricia outlines the first steps that families need to take before starting their estate plans.…

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In Tax We Trust: Implications of growing societal and client trends

By Patricia M. Angus – Originally published on WealthManagement.com on February 13, 2022 Most private wealth advisors (including trusts and estates lawyers, accountants and investment advisors) assume that a primary goal of their work is to reduce their clients’ taxes…

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Virtual Fireside Chat with Leading Family Enterprise and Family Office Experts

The role of family offices in structuring and advising families with regards to liquidity events and family dynamics. Strategies for families to intelligently run and manage the risks associated with private wealth and operating businesses concurrently…

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Sustainable Growth Drivers for Family Enterprises

This webinar draws from the experiences of different stakeholders, explores how family businesses in Africa have evolved, the challenges faced, and the main drivers behind sustainable growth of these enterprises based on three pillars: economic, environmental, and social.

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Guidance for Family Offices: How to approach ESG investing

By Patricia Angus and Camille Korschun – Originally published in Family Enterprise Insights, March 2021 Introduction: Environmental, Social, and Governance investing (ESG investing) is an approach that incorporates factors beyond financial return in an investment decision. Namely, the investor incorporates…

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Family Enterprise in The Center of it All

By Patricia M. Angus – Originally published on WealthManagement.com, December 2020 It’s impossible to look at 2020 and not see family enterprises in the center of the astounding confluence of events that shook the world in the past year. Family…

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Founding Women of Family Wealth

Patricia Angus convened the Founding Women of Family Wealth for a series of panel discussions exploring the practitioner perspective, at Columbia Business School Global Family Enterprise Program. Below are links to: “What is wealth?” and “Competition vs. Collaboration”:

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How Should a Family Firm Approach an Ethical Dilemma?

Family firms comprise between 70 and 90% of economic activity depending on the country or region, so the impact of family business ethics can be dramatic. In this conversation, Columbia Business School Professor Patricia Angus and IAE Professor Pedro Vazquez,…

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Who’s in Charge?

A new model for understanding family business ownership By Patricia M. Angus – Originally published in Trusts & Estates, March 2019 Family businesses are complex in many ways. They’re inevitably a mix of entrepreneurial spirit, family connections, business challenges and evolutionary processes…

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Columbia Business School discussion on Enterprising Families: Challenges, Opportunities, and Keys to Success

Many families today co-own complex businesses, trusts, and investments, but there’s no single guidebook for these enterprising families on how to do all this together, with meaning, purpose, and impact. In this webinar, Columbia Business School’s Patricia Angus — a…

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House of Redstone: Family Enterprise in Three Acts

By Patricia M. Angus – Originally published on Columbia CaseWorks Fall 2018 What family enterprise, ownership, and governance lessons can be gleaned from the multigenerational saga of the Redstone family?

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Governance for Business-Owning Families (Part II): It starts at the top

By Patricia M. Angus – Originally published in WealthManagement.com March 2018 The world is full of family businesses. Literally. Most of the world’s businesses are owned, controlled and often managed by a group of family members.1 These families face challenges…

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Governance for Business-Owning Families (Part I): An often overlooked challenge

By Patricia M. Angus – Originally published in WealthManagement.com March 2017 Families who own businesses face a challenge they often overlook, that is, “governing” all that they do together inside, and outside, of the business. Admittedly, governance itself is fraught…

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Next Gen 2.0: Taking things to a higher level

By Patricia M. Angus – Originally published in Trusts & Estates in March 2016.  You can’t miss it (or them). “Next Gen” is everywhere. The private wealth management industry is awash in Next Gen summits, educational programs, research studies and…

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Estate and Wealth Planning for Family Enterprises: Reality – Not Myth – as the Proper Starting Point

By Patricia M. Angus – Originally published on FFI on April 15, 2015. The 2015 FFI Global Conference theme of “myths and realities” provides an excellent opportunity to focus attention on how best to advise family enterprises for the long-term…

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My Family Enterprise Day

Don’t overlook what’s all around you By Patricia M. Angus – Originally published in Trusts & Estates, May 2014 Planning for family businesses is becoming a hot topic in the private wealth management community. While the discussion often focuses on what…

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Pritzker Family Enterprise: A Family Governance Case Study

By Patricia M. Angus – Originally published on Columbia CaseWorks Fall 2013 What does the Pritzker family story, one of the wealthiest and most philanthropic families in the United States, tell us about family governance?

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Everything Everywhere All at Once?
Family Enterprises in 2024

By Patricia M. Angus – Originally published in Trusts & Estates, January 2024 The  2023  Academy Awards ceremony was quite a sweep for the film Everything…

Read More

Trust Ownership of Family Businesses:
Planning for the Future

By Patricia M. Angus – Originally published in Trusts & Estates, February 2024 The scenario is all too common. The founders (or non-founding owners) of a…

Read More

Complex Family Enterprise: A new way to describe a growing phenomenon

By Patricia M. Angus – Originally published in Trusts & Estates, March 2023 Trusts and estates practitioners (for example, lawyers, accountants and investment advisors) take their…

Read More

Mental Health and Estate Planning

Patricia joins Arden O’Connor of the Beyond the Balance Sheet podcast in a discussion about estate planning with mental health and addiction issues in mind….

Read More

In Tax We Trust: Implications of growing societal and client trends

By Patricia M. Angus – Originally published on WealthManagement.com on February 13, 2022 Most private wealth advisors (including trusts and estates lawyers, accountants and investment…

Read More

Virtual Fireside Chat with Leading Family Enterprise and Family Office Experts

The role of family offices in structuring and advising families with regards to liquidity events and family dynamics. Strategies for families to intelligently run and manage the risks associated with private wealth and operating businesses concurrently…

Read More

Sustainable Growth Drivers for Family Enterprises

This webinar draws from the experiences of different stakeholders, explores how family businesses in Africa have evolved, the challenges faced, and the main drivers behind…

Read More

Guidance for Family Offices: How to approach ESG investing

By Patricia Angus and Camille Korschun – Originally published in Family Enterprise Insights, March 2021 Introduction: Environmental, Social, and Governance investing (ESG investing) is an…

Read More

Family Enterprise in The Center of it All

By Patricia M. Angus – Originally published on WealthManagement.com, December 2020 It’s impossible to look at 2020 and not see family enterprises in the center…

Read More

Founding Women of Family Wealth

Patricia Angus convened the Founding Women of Family Wealth for a series of panel discussions exploring the practitioner perspective, at Columbia Business School Global Family…

Read More

How Should a Family Firm Approach an Ethical Dilemma?

Family firms comprise between 70 and 90% of economic activity depending on the country or region, so the impact of family business ethics can be…

Read More

Who’s in Charge?

A new model for understanding family business ownership By Patricia M. Angus – Originally published in Trusts & Estates, March 2019 Family businesses are complex in many…

Read More

Columbia Business School discussion on Enterprising Families: Challenges, Opportunities, and Keys to Success

Many families today co-own complex businesses, trusts, and investments, but there’s no single guidebook for these enterprising families on how to do all this together,…

Read More

House of Redstone: Family Enterprise in Three Acts

By Patricia M. Angus – Originally published on Columbia CaseWorks Fall 2018 What family enterprise, ownership, and governance lessons can be gleaned from the multigenerational…

Read More

Governance for Business-Owning Families (Part II): It starts at the top

By Patricia M. Angus – Originally published in WealthManagement.com March 2018 The world is full of family businesses. Literally. Most of the world’s businesses are…

Read More

Governance for Business-Owning Families (Part I): An often overlooked challenge

By Patricia M. Angus – Originally published in WealthManagement.com March 2017 Families who own businesses face a challenge they often overlook, that is, “governing” all…

Read More

Next Gen 2.0: Taking things to a higher level

By Patricia M. Angus – Originally published in Trusts & Estates in March 2016.  You can’t miss it (or them). “Next Gen” is everywhere. The…

Read More

Estate and Wealth Planning for Family Enterprises: Reality – Not Myth – as the Proper Starting Point

By Patricia M. Angus – Originally published on FFI on April 15, 2015. The 2015 FFI Global Conference theme of “myths and realities” provides an…

Read More

My Family Enterprise Day

Don’t overlook what’s all around you By Patricia M. Angus – Originally published in Trusts & Estates, May 2014 Planning for family businesses is becoming a…

Read More

Pritzker Family Enterprise: A Family Governance Case Study

By Patricia M. Angus – Originally published on Columbia CaseWorks Fall 2013 What does the Pritzker family story, one of the wealthiest and most philanthropic…

Read More