Financial Education Center

2023 Family Business Symposium - Building a Lasting Legacy: The Tenets of Multigenerational Family Businesses

Dennis Jaffe, Senior Research Fellow at BanyanGlobal Family Business Advisors, shares his findings after interviewing fourth generation family businesses across 20 countries during the 2023 Family Business Symposium.

2023 Family Business CEOs to Watch

First Bank's Center for Family-Owned Businesses is thrilled to announce two of our close family business friends as 2023 Family Business Magazine CEOs to Watch!

2023 Family Business Symposium - Leaving a Legacy: What Are the Purposes Your Family Business Serves?

First Bank's Center for Family-Owned Businesses held the Family Business Symposium on October 19-20, 2023. Watch Mike Dierberg's symposium introduction "Leaving a Legacy: What are the Purposes Your Family Business Serves?"

The Progenitor’s Dilemma: Avoiding Entitlement When Transferring Wealth

This article discusses strategies that parents and grandparents may use to help leave a legacy of empowerment and not entitlement with their transfer of wealth.

Family Business Boards – Hidden Challenges and How to Overcome Them

The article discusses five reasons business owners do not create a family business board and five reasons to consider creating one.

Moving a Family Business Beyond the Founder’s Vision

This article discusses how a founding family member establishing and growing a successful business is only the first step. The next generation of leaders need to strategize and reestablish what business they are in, what the goals will be, and how to achieve this new path.