For many business families, a family office takes shape before anyone calls it one. Dividends accumulate, a division is sold and the family holding company builds a portfolio beyond its stake in the operating business. Eventually, that wealth requires its own resources, people and decisions. Pontegadea offers a well-known example. Created in 2001 to reinvest […]
From family business to family office: 3 risks that are often overlooked
Author: Uzay Sezer Holder of a PhD in Business Administration and Management from Università Bocconi, his research explores family firms, corporate governance and incentive designs. When a family sells or steps back from an operating business, the ensuing celebrations often follow a familiar script. After years of hard work, they have succeeded in building something […]
1 in 3 family offices in Spain will face a generational shift over the next 10 years
According to the “Discovering to the Spanish family office” by OpenWealth (Grupo CaixaBank) and finReg360, 35% of family offices in Spain will face a generational shift over the next 10 years, making a solid succession plan essestial to ensuring their long-term success and sustainability. One in three family offices in Spain will be facing a […]