Our board just isn’t working. How can we better prepare our family directors? Do we need to add independent directors?

Renkert Thomas Consulting works with families to create effective boards—by strengthening board governance, empowering family directors to be effective leaders, and helping bring in independent directors or advisors to fiduciary and advisory boards when appropriate.

My spouse and I are working on our estate plan. Should we put shares of our family business in a trust or would it be better to give them outright? Should we wait to transfer shares, or do it now? What about voting shares?

Renkert Thomas Consulting helped the client think through how their estate planning would reshape their family and their business and worked with their counsel to accomplish their goals.

Our grandfather had a clear vision for the family business, but times have changed! My cousins and I want to talk about new directions and opportunities, but we don’t know where to start. We are worried our relationships will suffer if we disagree.

Vision changes over time. Renkert Thomas Consulting helps families develop engagement and alignment and then renew their vision and goals for their family enterprise.

We think it’s time to consider bringing in non-family management. What do we need to be aware of? How will we maintain our voice as owners and as a family?

Renkert Thomas Consulting works with families to think through leadership options and then coordinate the work of ownership, business, and family governance. With these structures in place, you can effectively govern your enterprise whether or not family members are in day-to-day management.

I built this business and I want to keep it in the family. Do I need to pick one child to run it? I’d like everyone to be involved.

Renkert Thomas Consulting works with owner-managers to think through the range of options they have in ownership and management succession. We have particular experience working with sibling partnerships and multi-generational families, especially when there are both managing and non-managing owners.

Our family is growing and changing but our business is stagnant. How can we tap into our family’s human capital to rethink our future? We need help talking about where we’re going.

Grow? Harvest? Sell? Reinvest? Renkert Thomas Consulting helps families rethink the purpose of the business in their lives. When families engage and align around a new vision, the results can be transformational.

We’re embarking on a major transaction—how do we navigate this process? We’ve agreed to sell the business/offer to buy out some shareholders/start a new joint venture/create a family office.

Renkert Thomas Consulting often works with families, corporate management, and their advisors on complex transactions. We can help you to develop a plan and a team, then quarterback the transaction process.

We’ve got three operating businesses and lots of family investments. This is getting too complicated for me and my CFO to manage!

Renkert Thomas Consulting helps enterprising families develop family office structures to meet their unique needs and interests and simplify their lives—whether virtual, stand-alone, or joining a multi-family office.

We worked hard to earn our wealth. We want to pass it on to our kids, but we don't want them to squander our wealth or be taken advantage of.

Renkert Thomas Consulting works with families and their next-gens to create custom education programs for introducing and increasing the financial awareness and skills next-gens need to be thoughtful inheritors.