Multi-generational Success

Planning for Tomorrow

Challenge

The Simon family, whose wealth originated in European shipping and logistics, faced the complex task of unifying five branches across Belgium, France and Singapore. With assets including operating businesses, real estate and investment portfolios, they needed to create a cohesive structure that would preserve family unity while respecting individual branch autonomy.

Our Approach

Our team created a comprehensive family constitution and established a three-tier governance system including the Family Assembly (all members), Family Council (branch representatives) and Executive Committee (professional management). We also developed clear decision-making protocols and implemented dispute-resolution mechanisms.

The Kuma Wealth team created a centralised investment structure, established branch investment pools and developed a risk management framework and performance monitoring systems.

We helped the client restructure operating businesses under the holding company, created a professional management structure, established clear reporting lines and developed a succession planning framework.

To enhance the family’s communication, we constructed a regular reporting structure, established quarterly family meetings and developed branch communication protocols.

Our team facilitated the creation of an education framework for 18 next-generation members and a mentorship programme. We also improved individual career planning conversations and implemented a family business integration pathway.

Outcome

After eight years of implementation:

(01)

Financial Performance

Our team effectively managed €890M in assets across the structure, achieving 7.8% average annual return on investment platform and reducing operating costs by 22% through centralisation. Our restructuring Created €42M in tax efficiencies through restructuring

(02)

Family Cohesion

We Successfully integrated all five family branches, with 100% participation in the governance structure and zero major family disputes. Quarterly meetings reached 95% attendance.

(03)

Next Generation Success

Through our team’s encouragement, 12 next-generation members successfully integrated into the family enterprise, with 4 members in operating business leadership roles, 6 members on investment committees and 2 members leading philanthropic initiatives.

(04)

Operational Achievements

Our team helped create a shared family office with 15 professional staff, establish presence in three jurisdictions, implement best-in-class reporting systems and develop a sustainable succession framework.

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