by | Feb 7, 2019 | Blog, Business, Business Advisory, Family Offices, Trust
Nearly every trust has a trustee and that trustee gets paid a fee for services from the trust. The most common range for such a fee is .5% to 1% or more of the trust’s asset value. So, if a trust has $1,000,000 in assets, the trustee fee would typically be $5,000 to...
by | Feb 12, 2018 | Blog, Board Governance, Business, Business Advisory, Family Offices
Now that we have a set of goals for all of your direct reports whose goals are directly in support of your goals, it is a matter of monitoring the progress being made each quarter with everyone. Remember, if someone doesn’t achieve their goals, it could mean that you...
by | Feb 9, 2018 | Blog, Board Governance, Business, Business Advisory
When speaking to someone in an advisory capacity, the subject of managing for successful results always comes up. One of the best ways to manage for successful results is through proper goal setting within a formal incentive system. Goal setting: Where do the goals...
by | Sep 18, 2017 | Blog, Board Governance, Business, Business Advisory, Family Offices
As a business advisor and CPA with over 30 years of experience, I’m incredibly familiar with the intricacies of business advisory. I understand just how important advisors are to any industry, from finance to entertainment and everywhere in between. And as my first...