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ARTICLE · 19 OCTOBER 2016

Harnessing The Power Of Collaboration

No business owner is an island—particularly when you run a family business. In today's interconnected, hypercompetitive economic climate, it's essential to have a strong team of advisors behind you.

CanadaWealth Management

No business owner is an island—particularly when you run a family business. In today's interconnected, hypercompetitive economic climate, it's essential to have a strong team of advisors behind you—individuals who can offer you sound professional advice to help you make the best possible decisions, for both your business and your family.

Unfortunately, building and managing such a team can be a challenge—and, in some cases, it can actually cause more headaches than it remedies. In research conducted by the Society of Trust and Estate Practitioners (STEP),1 family business owners revealed that one of their top challenges was simply finding advisors with the ability to offer holistic advice—that is, advice that doesn't neatly fit into product-oriented professions.

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