There are many cultural references to the inability of wealthy families and groups to manage succession. The transfer of wealth is a matter that can weigh heavily on the mind and is laden with challenges. From clearly setting out succession goals and selecting those with experience and ability, to preparing, and giving confidence to, those who will carry wealth forward. This can take hard graft, trial and error, and the biting of tongues.

MFCo can help to facilitate your succession plans. This begins with an understanding that one person’s purpose for their wealth may differ to another’s, and one family’s structure and culture may differ to another’s.

We invest ourselves in these nuances and complexities before working with you to define your succession strategy, engage all participants in the conversation, and sustain your intent through the inevitable ups and downs.