Wealth adviser Brooks Macdonald has partnered with family business champion Family Business United to offer wellbeing support to FBU's members across the UK.
According to FBU, the partnership will support the growing need for financial wellbeing across more than 250 companies in its UK family business community.
Brooks Macdonald will be 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.
Stewart Sanderson, head of UK private clients at Brooks Macdonald, which has £16.8bn in funds under management as at June 30 2023, said it was important to offer wellbeing support to family-run companies.
He explained: “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.”
Sanderson added: "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, chief executive of Family Business United, said he was excited to be in this partnership.
He explained: “Brooks Macdonald has a deep understanding of the challenges and opportunities when working within a family business.
"We believe this partnership will be a valuable resource for our members."
FBU's UK members have turnovers of up to £400mn, and businesses within the membership organisation range from preserve-maker Mrs Darlington's to Furniture Village.
