19 September marks National Family Business Day, a day dedicated to recognising the significant contribution family businesses make to our economy, communities and future generations. Family businesses remain the backbone of Australia, representing around 70% of all businesses, employing approximately half the workforce, and contributing an estimated $4.3 trillion in wealth.
At Boutique Advisers, we know that family businesses are about far more than balance sheets and ownership structures. They are built on shared values, trusted relationships, long-term thinking and a desire to create something meaningful for future generations.
As an independent financial adviser in Perth, we work with business owners, entrepreneurs and multi-generational families to align business success with personal wealth, family objectives and long-term legacy outcomes.
Family business is different
Leading a family business brings unique opportunities and challenges.
Business decisions are often intertwined with family relationships, wealth management, succession, legacy and differing views across generations. Decisions about ownership, leadership and the future of the business can have both commercial and personal implications.
Questions we commonly help families navigate include:
- How do we prepare the next generation for leadership?
- What does a fair transition of ownership look like?
- How do we separate family dynamics from business decisions?
- How do we approach intergenerational wealth and future inheritance decisions?
- What role should the business play in our broader family wealth management strategy?
- How can we preserve both family harmony and business success?
These are rarely simple financial questions. They require thoughtful conversations, careful planning and a clear understanding of what matters most to the family.
The value of specialist family business advice
Successful family businesses often think beyond the next financial year. They focus on sustainability, stewardship and creating opportunities for future generations.
This requires advice that considers more than investment returns or tax outcomes.
It requires an understanding of:
- Family governance
- Business succession planning
- Leadership transitions
- Intergenerational planning
- Intergenerational inheritance considerations
- Family communication and decision-making
- Investment management and wealth preservation
- Personal and business retirement planning
When these areas are considered together, families are often better positioned to make confident decisions and navigate periods of change.
Supporting families through generations
As experienced financial advisors, we work with business owners, entrepreneurs and multi-generational families to bring clarity to complex decisions.
Our advice often extends across:
- Succession planning – Helping families prepare for ownership and leadership transitions well before they are required, creating confidence for both current and future generations.
- Family wealth management – Aligning business wealth with personal goals, retirement planning, investments, estate planning and long-term family objectives.
- Intergenerational wealth transfer – Supporting families as they prepare the next generation for responsibility and create a clear pathway for transferring wealth, knowledge and opportunity.
- Governance and decision-making – Helping families establish structures and processes that support productive conversations and clear decision-making.
- Legacy planning – Facilitating discussions about family values, purpose and the impact a family wants its wealth and business to have into the future.
- Accredited family business expertise – We are committed to supporting family businesses with specialist knowledge and practical experience. Gary Hasler and Karen Haarhoff are both Accredited Advisers with the Family Business Association, demonstrating specialised knowledge and experience in advising family enterprises through the unique challenges and opportunities that come with family ownership.
Celebrating family businesses today and every day
As we celebrate National Family Business Day 2026, we acknowledge the families who dedicate themselves to building businesses that support employees, customers, communities and future generations.
We are proud to help family businesses navigate complexity, preserve relationships, plan for the future and create lasting legacies.
Whether you are preparing for a leadership transition, developing a succession plan or simply looking to strengthen governance and communication within your family business, our team is here to help.
Because successful family businesses are about more than business. They are about family, legacy and the generations that follow.
Start your journey to valued wealth and book a conversation today.
