PT  - JOURNAL ARTICLE
AU  - Sidney Dickstein
TI  - The Family Council
AID  - 10.3905/jwm.2003.320459
DP  - 2003 Jan 31
TA  - The Journal of Wealth Management
PG  - 12--14
VI  - 5
IP  - 4
4099  - https://pm-research.com/content/5/4/12.short
4100  - https://pm-research.com/content/5/4/12.full
AB  - 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.