RT Journal Article SR Electronic T1 The Family Council JF The Journal of Wealth Management FD Institutional Investor Journals SP 12 OP 14 DO 10.3905/jwm.2003.320459 VO 5 IS 4 A1 Sidney Dickstein YR 2003 UL https://pm-research.com/content/5/4/12.abstract AB The author starts by noting that governance structures dealing with management of a family's investment assets are subjects of much recent attention. He suggests that whatever the vehicle for professional management of a family's assets-be it a corporate or individual fiduciary, a family office, or any other type of wealth manager-engagement of the members of the family through a family council will provide a useful adjunct to the functions of the professional. The article begins by explaining the reasons for and benefits to be derived from a family council and then proceeds to discuss various issues relating to its structure, composition, and the conduct of family council meetings.