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Spencer Burke

Principal, The St. Louis Trust Company; lecturer in family business, Olin Business School

On the show

Episode 12 · 56 min

The St Louis Trust Company Multi-Family Office

Set the policies for the future while there are no names attached. Spencer Burke of St. Louis Trust Company on what a family can do early, for free.

Key ideas and show notes →

The Business Family Diagnostic · Governance

Write the rules before there are names on them.

Who can work in the business, own shares or sit on the board is far easier to agree before anyone is at the door. Does your family have an agreed way to make decisions that affect everyone?

One of the three Governance statements. How true is it for your family?
“When family members disagree about the family enterprise or the wealth, there is an agreed way to settle it.”
See where you stand

Biography

Spencer is a Principal with The St. Louis Trust Company, a multi-family office for over 50 families in the United States managing in excess of $10 billion, where he heads the Family Business Advisory Practice. Spencer is also an Adjunct Lecturer in Family Business at the Olin Business School at Washington University in St. Louis.

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