Family Business Advisory Services

"My children aren’t interested in working in the business"
"In our business, we all get paid the same yet I’m the one who does all the work"
"Every time me and my dad agree to take a particular course of action, he goes and does the opposite"
"How do I treat my children fairly even if that means it isn’t always equal"
"The two branches of our family each have a different vision for the direction of the business and we don’t know how to
resolve it"

Coutts’ dedicated family business team provides support and bespoke advice to family business owners, their families and their businesses
to help -

  • Articulate and align their vision and values
  • Develop communication mechanisms, both within the family and between the family and the business
  • Create clear plans for succession
  • Prepare the next generation for responsible ownership
  • Create clear governance structures to clarify the relationship between the family and the business
  • Design and articulate protocols through the creation of family constitutions, distribution policies and ownership strategy plans
  • Develop processes for managing differences within the family
  • Identify risks to the family and build contingency plans

We work with families by holding a series of individual meetings, educational seminars and facilitated workshops, although each process will be designed to meet the family’s individual needs and dynamics.