Family Council

A forum for accountability.

A formal governing body that brings family representatives together and creates a place for decisions and accountability.

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—What we do

Where the family governs.

A family council is a formal governing body. It brings family representatives together and creates a structured forum for decision-making and accountability, separate from day-to-day management of the business.

  • Family council charter and terms of reference
  • Composition, roles and tenure
  • Meeting cadence and decision rules
  • Relationship to the board and management
  • Communication and reporting protocols
  • Education and next-generation involvement

DCFB registered

Multi-branch family groups

Families large enough that informal conversation no longer keeps everyone aligned.

—Explore further

More from the accounting practice.

Family Constitution

Principles governing decisions and shared assets.

Succession Planning

A defined process for transitioning leadership and ownership.

Structuring

Trusts, holding companies and ownership structures.

—Family Governance—

Time for a family council?

We'll help you stand one up.