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With sadness we announce the passing of Frank Creaghan, CMG’s founder and visionary, who left us peacefully at his home in Toronto on June 26, 2023...
Hermès seems to weather economic storms with ease, making the Hermès family one of the wealthiest in the world, as Bloomberg highlighted recently. What sets them apart? At CMG, we think three things make the family unique and worth watching...
Our independent research report on the profound impact of Canada’s leading business families on our nation’s economy…
We share our insights and four "real-life" case studies on the hidden secret of business succession...
What would make Patagonia founder, Yvon Chouinard give away 98% of his company’s common shares? We share why and four things that stood out to us in this rare business move...
We explore bridging the gap between generations in business families, outlining five key steps to ease intergenerational tensions and ensure success...
The tax wake-up call: after the shocking death of their younger brother, Jim Reid and his family are faced with a challenging tax liability issue...
Imagine this scenario. All of the estate documents are prepared. You've got the right people in place to fulfill the key executor and trustee roles. Covered all the bases. Or at least it seems that way. What could possibly go wrong?...
CMG has been following the Merck family and its extraordinary 13-generation family business for a few years. This fourth and final installment looks at Merck's future and how the family prepares for it...
In the aftermath of the passing of their patriarch, Dr. Jerry Buss, we underscore two crucial areas that the Buss family could have concentrated on in their succession journey: focus on the business of being a family and gather together to identify shared goals and values that can serve as a guiding force for everyone...
Here, in the latest in our series of profiles of iconic business families around the world, we celebrate Bernard Arnault for his mastery of two key ingredients of success for family businesses: the business of the business and the business of the family...
Research & commentary
The Hermès family:
A story of resiliency—and even growth—in hard economic times
Hermès seems to weather economic storms with ease, making the Hermès family one of the wealthiest in the world, as Bloomberg highlighted recently. What sets them apart? At CMG, we think three things make the family unique and worth watching...
The hidden secret to business family succession
We share our insights and four "real-life" case studies on the hidden secret of business succession...
What makes a billionaire give away the majority of his wealth?
What would make Patagonia founder, Yvon Chouinard give away 98% of his company’s common shares? We share why and four things that stood out to us in this rare business move...