The Globe and Mail
June 6, 2023.
In an article for the Globe and Mail, Alexandra Horwood discusses how the process of transitioning a family business from one generation to the next can be a daunting task.
Beyond providing prudent financial advice, advisors can draw upon their deep knowledge of a family’s personal and financial goals to develop a roadmap – and open clear lines of communication with all stakeholders.
Having an unbiased third-party advisor can be particularly impactful for clients who have built a business from scratch, as it can be an emotional process to transfer and exit a business that one has grown and nurtured.