%0 Journal Article %A Sidney Dickstein %T The Family Council %B A Useful Adjunct to the Functions of the Wealth Management Professional %D 2003 %R 10.3905/jwm.2003.320459 %J The Journal of Wealth Management %P 12-14 %V 5 %N 4 %X The author starts by noting that governance structures dealing with management of a family's investment assets are subjects of much recent attention. He suggests that whatever the vehicle for professional management of a family's assets-be it a corporate or individual fiduciary, a family office, or any other type of wealth manager-engagement of the members of the family through a family council will provide a useful adjunct to the functions of the professional. The article begins by explaining the reasons for and benefits to be derived from a family council and then proceeds to discuss various issues relating to its structure, composition, and the conduct of family council meetings. %U https://jwm.pm-research.com/content/iijwealthmgmt/5/4/12.full.pdf