“Who will take over the business after you?” The question assumes succession is a baton pass to a single leader. But for many enterprising families, shared ownership and governance across generations is a deliberate choice with real advantages.
In this roundtable replay, faculty from the UHNW Institute discuss their co-authored whitepaper, A Blueprint for Multi-Generational Success: Building a Coalition of the Willing. Drawing on their experience advising enterprising families worldwide, they address what happens when families move beyond the single-successor model and build multi-generational coalitions.
The discussion covers:
- Why some families choose shared ownership and governance over a single-successor transition.
- The common concerns that arise when ownership extends beyond the managing generation and how families work through them.
- The core elements of a “Coalition Mindset” and a practical framework for families and advisors considering this approach.
Panelists: Paul Edelman (Edelman Coaching), Russ Haworth (The Family Business Partnership), Bryn Monahan (Relative Solutions), Amelia Renkert-Thomas (Renkert Thomas Consulting LLC), Daniel Trimarchi (KPMG Australia), and Meredith Thomas Straight (Renkert Thomas Consulting, LLC).
To access the full replay, available to UHNW Institute members, visit our Resource Library here or the event’s dedicated member portal page here.
