A Founder's Liquidity Event
The founder of a recently sold family-owned industrial group, whose adult children live in Switzerland and abroad.
Client Goals
- Turn the proceeds of the sale into a long-term plan for the whole family.
- Agree how wealth would be shared between generations.
- Prepare the children for a role in the family's affairs.
Our Approach
We met individually with the founder and their children to understand their respective priorities for the family’s wealth. Those conversations shaped an investment strategy and a structure for the family's assets, developed with our legal and tax specialists.
We then helped the family write a family charter setting out how decisions would be made and ran an education programme for the children covering investment and their future responsibilities.
Outcomes
The family transitioned from ownership of a single operating business to a diversified portfolio, supported by an agreed framework for managing its wealth and making decisions. The children now take part in the family's annual meeting, and McPherson Reed continues to act as the family's office.