
How can Families Build Lasting Wealth Beyond the Balance Sheet?
In this episode of the LGA Lighthouse podcast, host Listen to this episode of LGA Lighthouse on your preferred podcast platform. Consider subscribing to receive

In this episode of the LGA Lighthouse podcast, host Listen to this episode of LGA Lighthouse on your preferred podcast platform. Consider subscribing to receive

The rise of Artificial Intelligence (AI) is not merely a technological shift; it represents a fundamental transformation reshaping every industry across the world. While the precise nature of its impact on the highly nuanced field of family enterprise consulting remains uncertain, change is upon us.

I tried to watch the award-winning HBO series on numerous occasions, stopping repeatedly, not because it wasn’t brilliant, but because it was brutal. The cynicism, humiliation, and constant power games felt too extreme. For anyone working closely with multi-generational family enterprises, this world of perpetual chaos and zero-sum power felt not only far removed from our reality, but was also a painful mirror reflecting everything that causes a family enterprise to fail.

In this episode of the LGA Lighthouse podcast, host Tim Yeung interviews Ashley Blanchard, a Partner at LGA and an expert in family philanthropy. Drawing on her co-authored study with Wendy Ulaszek for the National Center for Family Philanthropy, Ashley shares insights on how families can successfully engage the next generation, balance individual interests with collective purpose, and navigate the journey of professionalizing their philanthropic efforts.

About one-quarter of our work relates to family philanthropy, most often as part of a complex family enterprise or family office.

Many families have decided to formalize a Family Office to serve the financial and professional needs of family members.