Inside a family MBO: How this adviser and his brother took over their father's firm

In this latest episode of Professional Adviser TV, Standerwick opens up about what it was like growing up around a business his father built, and how that shaped his decision to eventually join and lead the firm. He also explained how the management buyout process works and what the biggest challenges were, both financially and emotionally, in buying the firm from his dad. Standerwick then went through how he divides responsibilities with his brother who he runs the firm alongside, and what he has learnt about maintaining a strong working relationship as co-owners. He also shared w...