Finance
Reporting and liquidity
GOVERNANCE & CONTINUITY
Clear responsibilities.
Considered decisions.
Good governance connects investment judgment with accountability and the family’s wider responsibilities.
A COORDINATED STRUCTURE
Independent minds.
Shared direction.
The office coordinates. The family’s mandate sets the boundaries.
Major allocations, guarantees, disposals of core assets and substantial illiquid commitments are reserved for family committee approval.
Internal coordination is complemented by external legal, tax, custody and investment expertise. Responsibilities and authorizations are defined so that decisions do not depend on one individual alone.
DECISION STRUCTUREMANDATE / OVERSIGHT / EXECUTION
RESERVED DECISIONS
Family committee
Major allocations, guarantees, core disposals and substantial illiquid commitments.
COORDINATION & OVERSIGHT
Head of family office
Investment oversight, reporting and professional coordination.
Research
Analysis and portfolio review
Risk & operations
Mandates and documentation
THE FOUNDATIONS
Accountability
Defined mandates, documented decisions and consistent review.
Resilience
Liquidity planning, operational continuity and appropriate professional support.
Discretion
Respect for private information, professional boundaries and long-term relationships.
GOVERNANCE IN PRACTICERESPONSIBILITY BEYOND THE INVESTMENT
Structure becomes useful
through practice.
Reporting & review
Bring financial information together so decisions can be evaluated in the context of the wider family balance sheet.
Authorization & records
Document responsibilities, approvals and investment reasoning, including significant commitments and exceptions.
Professional coordination
Connect internal decisions with external legal, tax, custody and investment expertise where appropriate.
Succession & continuity
Preserve access to knowledge, records and key relationships so responsibilities can be carried forward.
LOOKING FORWARD
Continuity is built
through preparation.
Shared knowledge, clear records and deliberate succession planning help carry responsibilities across generations.