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Dueling Perspectives: Private company share structures

Published October 21, 2020 Barbara Spector | Departments

Business families have a variety of options for structuring shares in their company to meet the needs of the family and the business. We asked George Quarles, a third-generation owner of Quarles Petro...

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November/December 2020 Family Matters

Published October 21, 2020 | Departments

Second-generation family member Lynn Houston Moore has been named CEO of HJI Supply Chain solutions, based in Louisville, Ky. Her promotion marks the culmination of a six-year succession planning stra...

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At the Helm: Joseph C. Richert

Published October 21, 2020 Patricia Olsen | Departments

A few minutes with the chairman and CEO of Special Tree Rehabilitation System, Romulus, Mich.

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Celebration Corner: Ralph's Italian Restaurant's 120th anniversary

Published October 21, 2020 Barbara Spector | Departments

The country’s oldest family-owned Italian restaurant had a monthlong virtual celebration featuring contests and nostalgia. 

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Tips on interviewing law firms

Published October 21, 2020 F. Douglas Raymond III | Departments

Readers frequently request guidance on how to evaluate advisory firms. This series of articles presents information on how to interview and compare advisers in a variety of disciplines.

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Vertex goes public during a pandemic

Published October 21, 2020 Barbara Spector | Departments

Executives of any company that goes public will tell you the process leading up to the IPO is grueling. For family-controlled Vertex Inc., which began trading on Nasdaq July 29 under the ticker symbol...

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Hold, Fold or Sold

Published October 20, 2020 Chris Yount |

How to think about the future of your family business.

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Protecting the economic engine of your family: Wealth management

Published October 14, 2020 Chris Yount |

As family businesses grow, so does family wealth. Eventually, that capital will transition from being a byproduct of your business into a business all its own.The most crucial step in being a good ste...

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Yuengling partners with competitor to extend its reach

Published September 27, 2020 Barbara Spector |

A joint venture with another player in your industry can have a high payoff — if you approach it in the right way.

 

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The Inevitable Shift

Published September 27, 2020 Whittier Trust |

Family businesses and family offices will see an inevitable shift, seeking independent advice, as G1/G2 becomes G3/G4.

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Charting an estate planning course in uncertain political waters

Published September 22, 2020 James I. Dougherty |

In addition to focusing on safety and cash flow during the COVID-19 pandemic, family business owners must be mindful of the upcoming November election and the likely impact of the results on estate ta...

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5 keys to success in any family business

Published September 14, 2020 Chris Yount |

Running a business is hard. Family life can be hard. Running a family business can seem impossible at times. In addition to the difficult decisions you must make every day for the company, you must al...

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Risk Management in the Age of Uncertainty

Published September 10, 2020 Erich M. Hickey |

In the 1600s, merchant ships faced enormous uncertainty while delivering cargo throughout the world. Rough weather, pirates, foreign gunships and disease consistently threatened their voyages, and the...

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GOJO doubles production to meet ‘staggering’ Purell demand

Published August 21, 2020 |

GOJO Industries, the third-generation family business that makes Purell Instant Hand Sanitizer, has doubled production across all operations in order to ship twice as much product as it delivered to s...

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Family giving during COVID-19

Published August 14, 2020 Ann Gill |

How to plan for long-term impact and build your legacy.

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Laird & Co. toasts the 10th generation

Published August 12, 2020 Hedda Schupak | Feature Article

America’s oldest distiller has gone from privately owned to public and back to private. What started as a favorite Colonial drink became a working-class staple. Today, the brand has gone upscale and is used in craft cocktail recipes.

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Redefining ownership as shareholder stewardship

Published August 12, 2020 Richard Seaman | Feature Article

A family business owner reflects on the journey from owner-operator to owner-steward.

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Family office decision factors

Published August 12, 2020 Maureen Milford | Feature Article

Advisers offer these suggestions for families considering a single-family office (SFO):• Solicit feedback from the family about potential benefits. Is the primary purpose to bring the family assets ...

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COVID-19 raises cybersecurity issues for family offices

Published August 12, 2020 Maureen Milford | Feature Article

The move to working from home revealed vulnerability to phishing among family offices that had not set up proper controls for remote access.As family offices scrambled to respond quickly to the health...

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Single-family office nuts and bolts

Published August 12, 2020 Maureen Milford | Feature Article

If you’re thinking of establishing your own family office, here are some important issues you’ll need to consider.

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