This book charts the development of such portfolios, and offers practical advice regarding their development: covering governance, strategy, risk management, leadership, succession, financial management, and business development. The book addresses the particularly challenging issues such families have to confront, such as: How is a family business portfolio developed? What about the often rather complex relationships in such firms, say between the owning family business unit and various subsidiaries? When conflicts occur, how are they resolved? What about the future of these family business portfolios? Are family offices established to cope with these challenges?