Brooks Macdonald has partnered with Family Business United (FBU) to provide financial wellbeing support to UK family businesses and their employees.
In a statement today (21 August). the UK and internationally based wealth manager said the partnership will see Brooks Macdonald become FBU's financial wellbeing partner across the UK, supporting members with a range of services including financial planning and investment management, alongside access to knowledge, advice, research and insights.
This will be complemented by financial educational programmes and networking opportunities across the UK.
A non-advisory membership organisation, FBU was founded in 2011 and describes itself as a "rallying point and voice for the global family business community and an invaluable source of insight into the sector".
Stewart Sanderson, head of UK private clients at Brooks Macdonald said: "We are delighted to partner with Family Business United. Running a business, can often be all encompassing, both physically and emotionally, so we want to ensure that their own finances are one less thing to worry about.
"We have extensive experience of working with family businesses and are committed to supporting them. It's a wonderful sector, employing vast numbers of people and creating a significant contribution to UK plc. Through this partnership, we will be able to provide valuable resources and support to help FBU members achieve their financial goals."
Paul Andrews, CEO of Family Business United added: "Brooks Macdonald has a deep understanding of the challenges and opportunities when working within a family business. We believe that this partnership will be a valuable resource for our members."
FBU is a membership organisation that represents over 250 family businesses in the UK with turnovers of up to £400m. Their mission is to champion and act as the voice for all family businesses, this includes aspects of their financial and business planning.
