OUR PHILOSOPHY

Our approach is unique; we take a holistic view of your family and believe it cannot be separated completely from the ownership of the business/investments. There is a fine balance between these three elements and our aim is to maintain the equilibrium over generations.

Turnstone will assist in helping your family discover its identity; making sure it is firmly defined and used to guide your family in its business decisions and governance.

How your family could benefit:

  • We can help to simplify the way your family manages itself so that the members can appreciate the ownership and business structures within the context of your family’s identity.

  • We put in place measures that reduce the risks associated with the business. These measures are based on the unique circumstances of your family and the needs of the business.

  • Costs are better managed as your family report, including asset valuations, governance and general welfare of the structures is provided to the family regularly.

  • There is continued contact between the ownership structure and your family. The beneficiaries feel part of the structure and have a greater appreciation of their rightful place.

  • Your family’s affairs are better organised and communication with the business is more effective.

  • Your family’s risks are better managed.

  • Understanding where your family comes from and being nostalgic about the past contributes to the family identity. Each member in your family has the opportunity to contribute to its vision, mission and goals.

  • The wellbeing of your family takes centre stage. It is not only about wealth but about your culture, unity and legacy.

  • It provides hope to your family that the assets will be able to provide across generations, as they focus on building its identity and achieving the vision.

  • Your family members are part of something greater than each individual. It is part of an heirloom that the wealth creator created for them and every family member has the opportunity to make a valuable contribution.

 

Our vision is to see your family succeed as you build and maintain your legacy.

We establish and grow strong relationships with our clients, look at problems and challenges entrepreneurially and we are ready with solutions to make the most of every opportunity.

"Family-owned or -controlled businesses plays a key role in the global economy.  They account for an estimated 80% of companies worldwide and are the largest source of long-term employment in most countries."

- Leadership Lessons from Great Family Businesses, www.hbr.org