Episode 11: Guillermo Salazar on Building Sustainable Family Wealth Across Generations

In this episode of The Family Business Audiocast, host R. Adam Smith welcomes Guillermo Salazar, a global family office expert and founder of Exaudi Family Business Consulting. Salazar shares powerful insights on family business succession, emphasizing the importance of understanding family narratives and values as foundations for effective wealth management. He discusses how Latin American family wealth office structures differ from US models due to market size constraints, making succession planning even more critical. Salazar also explains the distinction between family councils (focused on long-term ownership) and boards of directors (focused on business strategy), providing valuable guidance for sustainable family financial planning.