Family Firm Institute revealed at its annual conference in Brussels that it has grown its international membership strongly as the Boston-based association engages with more family businesses and their advisers.
The group, which earlier this year appointed UK-based Mark Evans, a director at the UK private bank Coutts, as its chairman, now has 40% of its members from outside of the US.
Much of the growth has been generated in Europe, with more than 50% of new members in the last year coming from the region, according to FFI.
Judy Green, the president of FFI, said the growth of membership has been very strong across all regions. “It might be a premature conclusion, but it appears that the combination of putting our courses online and holding a conference on the [European] continent has had a very salutary effect on global membership growth.”
More than 400 delegates attended the conference, which had presentations from advisers and family businesses on a wide variety of subjects. Julie MacIntosh, author of Dethroning the King: The Hostile Takeover of Anheuser-Busch, an American Icon, gave one of the keynote speeches.
MacIntosh offered insights into her book, which details one of the most enthralling tales of the demise of a family business and the conflict between generations within that company.