family office and family business crisis planning, management, communication
Crisis Dynamics
family office and family business crisis and transition
When it comes to crisis and transition management, denial is not a strategy.
Whether wealth has been inherited over generations or is newly created through the success of a small business grown large, the poorly managed crisis can be the catalyst for a disaster of stunning proportion that reverberates from one generation to the next and can destroy that wealth.
It can be the collapse of the entire family foundation. It can be the storm of the century.
Crises do not discriminate and can be as broad as a poorly-worded social media post or compromising video to cyber attacks, security breaches, product recalls, natural disaster, financial collapse, or at worst, workplace accidents or targeted and random acts of violence resulting in the death or loss of employees or loved ones.
Understanding how to plan and prepare for crisis is the first step in crisis management.
Our Family Crisis Management approach combines highly experienced practitioners in crisis and transition events with our intimate understanding of the dynamics of wealth, asset management and complex family behaviors.
Crisis services are confidential, custom and compassionate.
Crisis Services
Crisis Services may include:
Crisis Articles & Thought Leadership
WATCH VIDEO: i3 recently hosted the experts from Black Lantern Security, Dr. Philip Hartlieb and Larry Campbell, for a 90-minute session geared toward family office and family business data security.
Social Distancing requires increased remote-work security awareness. The latest FBI report details that Cyber Actors are taking advantage of the Covid-19 pandemic to exploit vulnerabilities and fears.
Join us April 23 @ 3PM to learn more about protecting your employees and data for a no-fee webinar with Black Lantern Security
Mar 26, 2020 03:00 PM EDT
The question for every Family Business becomes one of recovery after the event; how do we rebuild short-term losses and communicate resiliency to our customers, employees, vendors and communities?
Internet-enabled crimes and scams show no signs of letting up, according to data released by the FBI’s Internet Crime Complaint Center. Educating the family as to potential threats, and having a clear, realistic and actionable policy in place will go far in protecting the family from cybercrime.
It is wise to direct efforts focused on identifying and acquiring assets that meet the current and long-term needs, establishing a healthy balance for risk/reward appetite, and meeting the goals of an investment timeline during a recession period and beyond.
When the time to create a family office arrives, many families settle for what, or who, they already know. High net-worth families and their businesses have complex structures and those complex structures are most often understood by either their current CPA or their CFO, but is that the best approach?
We’ll chat with you or an advisor at no fee. We would love to put our experience to work for you.
Private Asset Management and Family CFO Consulting Services for High-Wealth Families | 803.399.9009 | [email protected]
