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Coutts launches online platform for family businesses

Coutts, the wealth management division of Royal Bank of Scotland, launched an online learning portal to help its clients gain a better understanding on a range of topics, including family businesses and philanthropy.

Coutts, the wealth management division of Royal Bank of Scotland, launched an online learning portal to help its clients gain a better understanding on a range of topics, including family businesses and philanthropy.

The service, called Knowledge Exchange, features interviews with the bank’s clients and experts in the two fields, as well as reports from well-known institutions, like the Family Firm Institute and Alliance, a magazine for philanthropy and social investments.

While the family business section focuses on some of the most important challenges for family business owners, such as the employment of non-family members, succession planning and wealth management, the philanthropy sections look at how to assess the impact of a charity or a social enterprise.

From the beginning of 2012, the platform will include an entrepreneurship module as well.  

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