Granite MFO’s Lindsay Hollinger on her philosophy of connecting families with the deeper value of their wealth
In the multi-family office (MFO) space in Canada, one consistent theme is the importance of aligning family values—and how difficult it can be.
Why is that? For a multitude of reasons. MFOs vary in terms of how they are structured. They are not all created equally, and each MFO handles their clients differently. And an approach that works for one family will likely not work in the same way for the next family in terms of value alignment.
As well, MFOs are dealing with a family history where they don’t necessarily know every single childhood event, trauma or instance of favouritism from parents towards a specific child. As Patricia Saputo pointed out in Canadian Family Offices‘ Women in Family Offices panel, these familial relationships often start in childhood and continue to impact family dynamics into adulthood.
This story is brought to you by PBY Capital.