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Christian GG Stewart
  • Kowloon
  • Hong Kong
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Industry
Professional Services
Occupation relative to family business
Family Business Advisor
Area of Expertise
Law
Please share a little about yourself and your business.
I qualified as a solicitor in South Australia and worked in Adelaide as a general commercial tax and trust lawyer for 4 years before moving to Hong Kong at the end of 1994. I got admitted to practice in HK but ended up joining the tax practice of Price Waterhouse, which later becamse PwC, where I built up an expertise in Hong Kong estate duty and stamp duty planning. As a result of this I was doing a lot of trust structuring for wealthy HK Chinese families. I became a tax partner at PwC as a result of this trust structuring work. In the middle of 2002, I resigned from PwC and joined JPMorgan Private Bank in HK to head their wealth advisory team for Asia. This was when I got my first exposure to the world of family firms and family governance. I tried to learn as much as I could and to experiment with helping business owning families to conduct family meetings and develop family policies and agreements. I concluded that a bank is not really the right platform for doing this kind of work, which is more focused on process than product, so in the middle of 2008 I resigned and formed my own consulting firm, Family Legacy Asia. I still advice families on trust structuring but my real focus at Family Legacy Asia is on helping Asian families, as a process consultant not an expert, to hold family meetings and develop family councils, family constitutions and policies, as a vehicle for improving communication in families, avoid predictable conflicts and help transition from G1 to G2.

Christian GG Stewart's Blog

Dealing with Outside Shareholders in Asian Family Firms

In Greek myth, the Trojan war ended when the invading Greeks built a great wooden Horse which the Trojans took inside their City Walls. While they slept, the Greek soldiers came out of the Horse, let in the rest of their army, and sacked the city. However their destruction was so great the Greeks offended the Gods, and as a result, most of them never made it home again.

 

In many Asian family firms, the family members…

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Posted on May 30, 2013 at 10:40pm

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