Why Family Businesses Need an Advisory Team

March 5, 2026

Here’s what we discuss in this episode:

👨‍👩‍👧‍👦 Family Strength & Fragility: Unity builds power but creates tension

🤝 Advisory Teams Matter: Outside perspective accelerates growth

🧠 Who Belongs at the Table: Attorneys, accountants, therapists, brokers

🔄 Collaboration Is Critical: Alignment between experts drives clarity

🔍 Finding the Right Fit: Referrals, peers, vetted thought leaders

Family businesses are powerful. They create jobs, build generational wealth, and anchor communities. But sometimes what worked in the early years doesn’t always work when the business becomes larger, more complex, or ready for transition. Rob talks about where outside advisory becomes critical, bringing objectivity, structure, and expertise that help families make smart decisions without emotion steering the ship.


Go inside the episode:

0:00 – Intro

1:30 – The Importance of Advisory Teams

3:22 – Who’s on the Advisory Team  

4:42 – Collaboration and Expertise in Advisory Teams

6:52 – How to Find the Right Advisory Team

8:27 – Real-Life Example and Planning for Succession


Helpful Resources:


Phone: 801-717-9237

Schedule your no-cost discovery meeting: https://www.axiowm.com/what-we-do

Get your copy of Rob’s books: https://www.axiowm.com/book

Let us speak at your next event: https://www.axiowm.com/speaking

Check us out on YouTube: https://www.youtube.com/channel/UCtidWpldZGUBLmr24oWy87Q


Subscribe & Follow The Show On Your Favorite Apps:
YouTube
Spotify
Apple Podcasts
Amazon Music
iHeart Radio
Podchaser

DISCOVER MORE...

ai scams
By Rob Shelton • October 29, 2026
Scams are getting more sophisticated, and even people who consider themselves careful can be caught at the wrong moment.
using your wealth
By Rob Shelton • October 22, 2026
Rob offers insight into how gratitude, generosity, and a clearer sense of purpose can shape the way families think about what their money is ultimately for.
protecting wealth
By Rob Shelton • October 15, 2026
Rob dives deep into why successful families should look beyond market risk and think about the other events that could disrupt the life their wealth is meant to support.
Show More