Patricia M. Angus is the founder and CEO of Angus Advisory Group. Ms. Angus draws from a career spent exclusively serving families and charitable organizations as a lawyer, wealth advisor, and independent consultant. She originally founded Angus Advisory Group in 2003 and revived the firm in July 2008 to provide creative, independent, and objective advice and services with no corporate, investment company, or other affiliation. Read more…

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What is a Family Council and when Should a Family Consider Establishing One?

Posted on October 15, 2012 by Patricia Angus

What is a family council and when should a family considering establishing one? Many families with multiple branches may elect to set up a Family Council. While the particular roles and responsibilities of Family Councils vary across families, they typically function as an oversight committee that consists of a small group of family members elected or selected out of the… Read More

Family Governance Meets Family Dynamics: Strategies for Successful Joint Philanthropy

Posted on October 28, 2007 by Fredda Herz Brown, Patricia Angus

This Passages issue paper explores the interplay of family dynamics and family governance in family philanthropies, concluding families who think about their governance systems, including how decisions will be made, are less likely to be encumbered by family dynamics than families who begin their philanthropies informally, progressing to formality over time. In addition, families who openly address their underlying internal… Read More

Family Governance: a Primer for Families

Posted on June 8, 2005 by Patricia Angus

Many families working together in philanthropy find that managing the work that must be accomplished as a group can be as complex as the grantmaking itself. Typically, a family’s philanthropy, whether formal or less structured, is only one of a number of ways in which family members interact with one another. In this session, Patricia Angus of Asset Management Advisors… Read More

Family Governance: A Primer for Philanthropic Families

Posted on June 4, 2004 by Patricia Angus

This Passages Issue Brief focuses on the principles, practices, and policies of family governance. Typically, a family’s philanthropy, whether formal or less structured, is only one of a number of ways in which family members interact with one another. This article aims to help philanthropic families understand the theory and practice of effective family governance… Read More

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