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Succession

May 16, 2023

As revealed in The 2023 North America Family Business Report from Campden Wealth and Brightstar Capital, considering board Next Gens’ experience, insight and opinion is vital to ensure future success.

As revealed in The 2023 North America Family Business Report from Campden Wealth and Brightstar Capital, considering Next Gens’ experience, insight and opinion is vital to ensure future success.

May 9, 2023

In the midst, as we are, of a major generational succession transition in which trillions of dollars are changing hands, it has never been more important for every family member to feel that they have a voice and, more importantly, feel they are heard.

In the midst, as we are, of a major succession event in which trillions of dollars are changing hands between ultra-high-net-worth (UHNW) family members, it has never been more important for every person to feel that they have a voice and, more importantly, feel they are heard.

May 2, 2023

As ultra-high-net-worth families navigate a major global wealth and succession transition, questions are being asked about effective implementation of transparent and communicated succession plans.

As ultra-high-net-worth families navigate a major global wealth and succession transition, questions are being asked about effective implementation of transparent and communicated succession plans. Especially, as revealed in The 2023 North America Family Business Report from Brightstar Capital and Campden Wealth, as the majority of family businesses (61%) do not have a written, formal succession plan in place - while 44% still need to develop a succession plan or have no plan at all.

May 2, 2023

The North America Family Business Report 2023 from Brightstar Capital Partners and Campden Wealth reveals that major concerns for thriving family businesses owners are succession planning, economic risks, and family communication.

For many well-established North American family businesses, long-term planning and forward thinking are the hallmarks of their enduring success. However, findings in The North America Family Business Report 2023 from Brightstar Capital Partners and Campden Wealth reveal that a majority of family businesses should address formal succession planning amid fears about a market downturn fueled by higher inflation and rising interest rates.

April 24, 2023

As we approach the King’s Coronation, stamps, money and the National Anthem won’t be the only things altering. King Charles III’s reign is expected to bring with it transformative change that will fundamentally rewrite how the Royal Family operates.

As we approach the King’s Coronation, stamps, money and the National Anthem won’t be the only things altering. After 70 years of steadfast navigation and necessary adaptation from Queen Elizabeth II, King Charles III’s reign is expected to bring with it transformative change that will fundamentally rewrite how the Royal Family operates.

April 17, 2023

Frank Hixon Foster, chairman emeritus of Hixon Properties and managing general partner of the Gideon Hixon venture capital fund, has seen first-hand the ups and downs of managing multi-generational wealth and has come through the other side with a clarity of vision that will help keep his family on track for many years to come. Here, in his own words, Frank talks about lessons from history and teaching for the future…

When US businessman Gideon Hixon started his lumber business more than 160 years ago, little did he probably know that his family wealth would grow across two World Wars, face potential ruin on numerous occasions, sustain and challenge six-going-on-seven generations and diversify into exciting and unexpected avenues.

April 12, 2023

As one of KPMG’s Global Leader for Family Business, Robyn Langsford has more than 25 years’ experience working closely with private clients. In an interview with Campden FB, she talks about putting the spotlight on leading female entrepreneurs, broaching the succession question and educating Next Gens…

As one of KPMG’s Global Leader for Family Business, Robyn Langsford has more than 25 years’ experience working closely with private clients to deliver strategic financial and tax advice tailored to their business and the challenges they face.

A trusted adviser to family businesses and family offices, she has a broad skill base and diverse experience that enables her to solve multidisciplinary problems and add value.

March 23, 2023

The author of The Successor’s Voice, a practical guide for family members navigating the rocky road to succession, talks about building up resources, empowering through knowledge sharing and development of family talent…

“I wanted to write a book that I would have liked to read when I started out,” says fifth-generation family business owner, family talent advisor and successor development coach and mentor, Philip Mackeown of his reasons for penning The Successor’s Voice.

March 13, 2023

In this week’s FB Roundup, L’Oreal heir Francoise Bettencourt Meyers names new investment firm MD; Klaus-Michael Kuehne is to receive $4.5 billion dividends from his transport empire; and tributes are paid to 7-Eleven billionaire Masatoshi Ito.

L’Oreal heir Francoise Bettencourt Meyers names new investment firm MD
The world’s richest woman, Francoise Bettencourt Meyers, has named Cyrielle Villepelet as managing director of her investment company, Tethys Invest, according to Bloomberg.

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