There’s a variation on an axiom that states: “The family that plays together stays together.”
That said, surprisingly 70% of family business and wealth succession plans do not survive – not from lack of playing, but from their failure to harmonize the material world with an emotional consensus.

With more than 40 years of combined experience in financial advisory and family counsel, the principals of EdmondsRose bring safe, sound and civilized solutions to family and business owners needing to address the often tenuous dynamics surrounding inheritance, succession and transition.




Heir today. Gone tomorrow.

Estate planning is a readily identified series of checks and balances. The critical component often missing is the reality check. While professional advisors are very skilled at wealth transfers, what has been lacking is comprehensive formulation of family and heir preparedness.

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Statistically, only about 30% of affluent families successfully retain and grow their wealth and maintain family harmony following a transition.

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Why?

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Misplaced and internalized family dynamics undermine the majority of succession programs. Families who fail to identify the challenge of relational capital opportunities are at great risk of falling out of a cohesive structure.

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Breakdown of trust and communications, a failure to prepare expectations, and lack of a family wealth mission all fuel future instability.

Take the money and run.

Legacy is not simply give and take. Family business wealth is a complex composite of assets, resources, ownership, real property, investments and partnering interests, as well as goodwill, reputation and community influence.

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Inheritance is effected by regulations, estate tax, capital gains and taxing emotional costs. Achieving survival in that 30% success zone is critically dependant not only on generating an estate plan, but also on harmonizing the intergenerational scenario before, during and after succession.

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The EdmondsRose proprietary Intergenerational Equity Program® merges recognized proceedings of estate planning and succession with relational dynamics and family enterprise – methodology to aggregate two important bottom lines: financial health of the business and relational wealth of the family.

Privilege has its membership.

EdmondsRose advises with objective sensitivity and understanding, systematically establishing criteria to:

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• Respect the family legacy and its success
• Successfully manage family interactions / conflict
• Prepare the Now Generation for release of assets
• Prepare the Next Generation to receive assets
• Manage and grow relational and financial capital
• Foster development of lifetime goals
• Secure family unity and intergenerational harmony

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Expertly formulated, EdmondsRose programs present models of integrated preparedness covering transition and beyond, effectively directing business families to embrace sensitive in-house conversations and value experienced business acumen.

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Welcome to the 30%.

Meet your Counsel

 

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With expert direction, insight and face-to-face expertise, leading counsel Don Edmonds and Heather Rose, accompanied by designated associate resources, provide pathways for the right people, the right methods and the right results in family business transition.