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 James Grubman, Ph.D. 356 Montague City Road - Suite 100 Turners Falls, Massachusetts 01376 413-775-0557 jim@jamesgrubman.com  |
Services
The primary driver of wealth creation is success in business, often a family business. A family that shares ownership and/or management of a business reaps many benefits unavailable to other families. It also must contend with powerful stresses that can destroy love and create rifts that can last for decades.
The demographic of the Baby Boom generation, combined with the growth of private equity and the success of many enterprises in the past twenty years, is leading to an unprecedented number of family businesses facing decisions to transfer, acquire, merge, or sell ownership shares to create wealth - what is termed a liquidity event for its transformation of paper wealth into investable financial assets.
Dr. Grubman works with family businesses and their transition to family wealth enterprises in several common areas:
- conflicts during succession planning
- estate planning decisions integrated with business transition planning
- medical crises affecting key family executives, such as dementia
- strains in family-run philanthropic foundations