F

Family Assembly

A formal gathering of the extended family, typically held once or twice a year, to…

Family Business Board

A governing body responsible for the strategic oversight of a family-owned enterprise. It typically includes…

Family Charter

A non-binding strategic document that sets out the family's vision, values, and policies regarding their…

Family Constitution

A formal, detailed document articulating the core principles, governance structures, and rules for the family…

Family Council

A representative governance body elected by the family assembly to manage the business of the…

Family Culture

The shared values, beliefs, traditions, and behaviors that characterize a specific family. It is the…

Family Dynamics

The complex patterns of relating, interacting, and communicating between family members. In a family office…

Family Enterprise

A broad term encompassing the entire ecosystem of a family's commercial and financial activities, including…

Family Governance

The system of structures, policies, and processes that a family uses to organize itself and…

Family Investment Company (FIC)

A private corporation used as a vehicle to hold and manage family investments. It enables…

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