-Articles

Read articles published by LGA’s thought leaders in family business continuity and governance

-Articles

A Platform, Not a Portfolio: Why a Family Office Needs Governance as Much as Any Operating Company

Building a family office is not simply a decision about where to place assets. It is a decision about how a family intends to organize, govern, and steward its wealth over time. Before deciding whether to build an SFO, join a Multi-Family Office (MFO), or use a hybrid model, owners must answer two foundational questions:
What do we actually need the structure to achieve? What structure best fits our needs?

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Family + Philanthropy: Unpacking Great Governance for Generous Families

For families involved in philanthropy, governance is how they organize themselves to make decisions about their giving and demonstrate accountability to themselves and their community. While governance is too often equated with compliance and boring board meetings, it is, in fact, a dynamic and creative process at the heart of family engagement and impact.

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Mind the gap: Philanthropy and Canada’s high-net-worth data deficit

We are proud to share recent insights from Dr. Sharilyn Hale, a valued advisor at our firm, who recently co-authored a compelling article for Canadian Family Offices. In the piece, titled “Mind the gap: Philanthropy and Canada’s high-net-worth data deficit,” Sharilyn and co-author Keith Sjögren shed light on a critical blind spot within Canada’s charitable sector: the glaring lack of data surrounding high-net-worth (HNW) philanthropists.

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A Family Foundation Won’t Fix What Isn’t Working

Before establishing a family foundation for the purpose of collective giving, it is imperative that families consider their ability to find common purpose and work together productively. A collective approach to giving should build on a foundation of social capital, rather than be a driving tool to create it.

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When Silence Speaks: Are Family Business Conflicts a Threat or a Source of Strength?

In a family business, conflict is often perceived as a threat to the family’s very core. When siblings disagree, or when parents and children argue about the business, the stakes go far beyond strategy or finances. The deeper fear is that the relationship itself may crack. The possibility that a disagreement could damage the family creates real, often overwhelming anxiety. It can feel like there’s no safe way forward.

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Breaking the Silence: Leadership of Two Truths

Sometimes, the most dangerous moments in the life of a family business are actually the quiet ones. The moments where everyone is smiling around the holiday table, but beneath the surface, unspoken tension simmers. We tend to think that silence is a sign of harmony, but when it stems from the fear of raising explosive topics, it is not harmony, it is a ticking clock.