November 2012
The goal of our latest FOX Thought Leaders Summit was to identify how families organize themselves for a longer-term perspective of their wealth and how they reinforce their goals with key advisors, ensuring alignment of views and proper accountability for outcomes. Key themes included:
- Recognizing the importance of private capital
- Building a long-term family wealth strategy
- Identifying critical behaviors desired for long-term investment success
- Investment objectives,decision-making structures, and benchmarking processes
- Designing incentive structures to support long-term investment thinking
The summit summary addresses these topics and provides a framework for establishing clear objectives for decision making, oversight, goals setting and the communications process within the family enterprise as part of the strategic planning process.