Accomplishing Family Goals

To accomplish the goals of the family, we assess the needs of the family system and use combinations of the following tools to sort out differences, create clear statements of the family’s mission, vision and values; align family members and resolve the impediments to their desired family success. Specific tools that contribute to improved communication and trust may include:

Snapshot Assessments – telephone and personal interviews, assessment, and feedback

Retreats – family member on-site meeting: visioning, dispute resolution, problem-solving

Interventions – follow up to assessment: solving specific issues and concerns

Individual Transition Programs– customized staff ratio 2:1 renewal and interactive learning

Couples Transition Programs – customized staff ratio 2:2 renewal and interactive learning

Professional Service Firm Consulting – co-facilitation of client challenges with topic experts

Myers-Briggs Assessments – individual or family MBTI inventory, analysis and presentation

Focus on Family Relations

Spencer Legacy Group offers families and family businesses neutral counsel and facilitation on how to preserve and protect their assets by improving family relationships. This suite of confidential services is called FFR. These challenge areas are approached with customized intervention strategies to help the family achieve its desired strategic objectives for wealth continuity and family success, and may include various elements.

• Assessment
• Family, Work and Individual Issues
• Family Relationships
• Managing Family Disputes
• Family Future Visioning
• Mentoring
• Family Dynamics / Decision-making
• Family Relationship Audit
• Family Problem Solving Retreats
• Dialogue and Gentle Confrontation
• One-to-One interventions
• Diagnostic and Psychological Reviews
• Collaborative Divorce and Co-Parentling Plans
• Grief and Loss Issues
• Myers-Briggs Assessments

• Family Health (dementia, alcohol or drug abuse)
• Conflict Resolution
• Family Issue Collaborative Problem Solving
• Divorce-related Conflict
• Family Business Challenges and Transition
• Voting Rights and Family Representation
• Succession Planning
• Leadership Selection and Leadership Development
• Timetable Planning / Change Management Goals
• Relationships to Family Offices, Advisors, Professional Managers
• Transition Planning for senior family members (often the wealth creators)

The size of your egg may be less important than the health of the goose. How is your goose doing?

Questions on Family Dynamics

A family business, or means of creating family wealth is like the goose that lays the Golden Eggs for the benefit of family members. Keeping the goose healthy is often an overlooked part of family wealth management. Professional advisors need expert assistance in assessing or problem-solving the very private challenges of the care and feeding of their goose. With individual family members focused on their own egg, the health of the goose can get lost in the dynamics of family issues. SLG helps families, and the professionals who serve them, align and work together to keep the goose healthy and the family successful.

If you see conflict or tension in your family, what can you do to protect your egg?

Personal wealth management is often tied to the unique dynamics and challenges of each family. To protect the continuity of family member wealth, an intervention may be required to align the family on topics such as shared family values and vision of family success, desired family legacy and ways to improve family trust and communication. SLG helps families overcome these risks to their family success.

If you are a professional providing tax or wealth management advice
to high net worth families, doesn’t it make sense to make certain the Goose Is healthy?

Questions on Family Dynamics

Relationship management is key to the success of family wealth professionals whose mission and livelihood is supporting families to achieve their desired strategic outcomes. Honestly, family members themselves can get in the way of the experts they hire and trust to support the family. Often the experience and conflict resolution skills of third parties like SLG can assist the trusted advisors of families as they try to remove barriers to serving families. SLG often partners with other professionals to provide deep conflict resolution skills to better serve families.