AIM FrameworkTM

A Structured Approach for Family Wealth Collaboration





Phase 1: Assess, Perform Discovery, and Set Goals
Advisor Responsibilities: Lead structured discovery, assess family needs and values, coordinate with governance bodies and enterprise entities, and synthesize findings to prepare strategy.
Family Responsibilities: Communicate goals and needs openly, share relevant family history and values, collaborate on priorities and specialist selection, and engage consistently in the discovery process.

Phase 2: Design and Implement Strategies and Solutions
Advisor Responsibilities: Design integrated strategies, collaborate with internal and external advisors, and implement processes and systems.
Family Responsibilities: Collaborate on plan design, provide input on integration across domains, communicate about disagreements, and participate actively in piloting and implementation.

Phase 3: Monitor, Administer, and Adjust
Advisor Responsibilities: Provide ongoing administration, evaluation, benchmarking, and communication. Collaborate on major revisions as circumstances evolve, and major catalysts occur.
Family Responsibilities: Engage with ongoing administration, participate in education and training across generations, provide feedback for improvement, and engage in reassessment as major catalysts arise.