In this episode of Governance Bites, Mark Banicevich sits down with family governance expert Sandy Kimpton to discuss a crucial topic: what is true intergenerational success?
Discover why family governance is about more than just wealth management; it's about developing human capital and preserving your family’s legacy and values. Sandy explains the power of "operating with intentionality", providing practical steps to align family and business. Learn how a long-term family perspective differs from short-term business thinking and why an independent voice on a family council is essential.
Website: https://kimptonandco.co/
In this episode of Governance Bites, Mark Banicevich sits down with expert Sandy Kimpton to demystify family governance structures.
They explore the critical differences between a Family Office, which focuses on managing assets, and a Family Council, which nurtures relationships, values, and long-term unity. Sandy explains why these structures aren't just for the ultra-wealthy but are essential for any family wanting to prepare the next generation for inheritance and ensure longevity. Discover how the right choice fosters trust and prevents future conflict.
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