News

March 19, 2026 | Consultant David Karofsky was recently interviewed for the On Boards Podcast, “Multi-generational family businesses with David Karofsky.” In this podcast, David shares a unique perspective on the “emotional collision” between family dynamics and business strategy. Drawing from his experience as part of a three-generation consulting legacy, he explores how formal governance and independent board members can drive accountability, manage succession, and ensure long-term sustainability. Listen to the episode→

March 20, 2026 | Kristi Daeda, CEO of the Family Business Consulting Group, cautioned against reading too much drama into the trend. In the article “Forget the family business. Wealthy heirs want to work for the family office instead,” Kristi states, “What we’re seeing from the families we advise is that many next-generation family members are not ‘rejecting’ the operating business, so much as looking for the place where they can contribute most meaningfully,” she said. “That can be a healthy evolution, not a warning sign.” Read the full article→

We’re pleased to welcome Jake Morrill as a consultant with The Family Business Consulting Group. Jake works with family enterprises navigating the leadership, relationship, and governance challenges that emerge across generations. He is known for helping families step back from immediate pressures to see the larger patterns shaping their enterprise — how decisions get made, […]

March 20, 2026 | In a recent Crain Currency article, “PwC survey: U.S. family business growth cratered in 2025 as economic pressures mount,” FBCG President and CEO Kristi Daeda shared her perspective on recent trends in family businesses based on the latest PwC survey findings. While economic pressures have significantly slowed family business growth over the past year, strong leadership and long-term planning remain more important than ever for achieving multigenerational success. Read the full article→

March 16, 2026 | Consultant David Karofsky recently presented at the Air Conditioning Contractors of America Association’s annual conference in Las Vegas. In the breakout session, “To Sell or Not to Sell,” David explored succession options ranging from internal transitions to private equity partnerships. 

February 12, 2026 | Consultant Kate Barnwell was a panelist for the “Women Leading Private Capital & Shaping Legacies” discussion at the ELITE Private Wealth Summit in Atlanta. The event was part of JABOY Productions’ international conference series.