In the news | Canadian Family Offices | Mindy Mayman | Investing for the long haul, or tomorrow?
Our Partner, Mindy Mayman, shared her thoughts on generational gaps in families’ investment strategies in an interview with Canadian Family Offices. Tensions can rise when different generations in a family have conflicting investment ideas. That’s why Mindy said it’s better to start involving the next generation in conversations regarding the family assets and investment plans: “You want them to all have a base level of knowledge and language, so that they all can feel that they are participating in the conversation together.” Mindy also explains the benefits of setting up a governance body, as it can help clarify the decision-making process, and improve communication overall.