Your Family Enterprise founding partners Ruth Steverlynck, Peter Vaughan and principal Diana Reid, have decades of experience helping family enterprises navigate the waters of meaningful continuity.
LL B (hons) FEA
Ruth is a founding partner of Your Family Enterprise and works as a private consultant to family enterprises. Prior to establishing Your Family Enterprise, Ruth was a VP of Wealth Services with BMO Harris Private Banking. She joined BMO after serving as the Director, Centre for Entrepreneurs and Family Business with PwC, Vancouver. Ruth holds an honors LL B from the University of Edinburgh, Scotland and holds numerous certificates and diplomas in mediation, conflict and dispute resolution. Ruth holds a Certificate in Family Business Advising from the Family Firm Institute in the USA and was one of the first Canadians to receive the Family Enterprise Advising ( “FEA”) designation from the Institute of Family Enterprise Advisors. Ruth teaches Governance in the FEA Program at UBC as well as Business Family Dynamics. Most recently Ruth has been appointed as one of two lead adjudicators for IFEA. Ruth’s civic and community involvement past and present include Board member for IFEA, the Advisory Board to the UBC Sauder, School of Business, Business Families Centre, Vice Chair of the Professional Advisory Council to the UBC Sauder School of Business, Business Families Centre; Director on the Executive Management Board of the DVBIA and the Vancouver International Children’s Festival Society. Ruth and her husband Erik have two sons. When Ruth is not working she enjoys spending time with her family, skiing, road biking and hiking.
How Ruth Works:
With a special interest in the success and development of family enterprises, Ruth supports families who care about the future of their family as well as the future of their enterprise. Ruth works with the entire family taking them through a process that integrates family learning with the meaningful and collaborative development of policies, practices, skills and structures found in family enterprises who have been successful in continuing to keep both their wealth and their family strong beyond two generations. By supporting the family in the development of the human, social and intellectual capital of the family members, families experience more cohesion, improve their capacity to make good decisions together, trust and respect for each other is strengthened and the family is ultimately prepared for the responsibility of continuity of success for the individual members of the family, the family and the enterprise.
MA, RCC, CGMT
Peter is a principal and co-founder of Your Family Enterprise Advisors Inc. His role on our multi-disciplinary team focuses on building capacity in communication, decision-making and conflict resolution skills. This is particularly relevant to family enterprise governance, generational transitions of ownership and management, and interpersonal dynamics.
As a Systems Specialist, Peter has provided over 30,000 hours of direct service to families, executives, family enterprises, businesses, organizations, and community groups since 1982.
Peter’s M.A. (coun. psyc.) specialized in systemic theory and practice. In his work with family enterprises, Peter is informed by the pioneering work of Dr. Salvador Minuchin (structural issues within the family), Dr. Susan Johnson (emotional issues within the family) and the Gottman Institute’s world-class research & work on successful relationships. Peter is a past member of the Professional Advisory Committee of UBC’s Business Families Centre, Sauder School of Business.
Peter’s approach is highly relevant to the most common issues facing family enterprises including: Ensuring family competencies in all communication issues that are relevant to business & ownership success and continuity; identifying and addressing family strengths and challenges to compliment the successful design and introduction of governance structures and policies; planning and facilitating difficult conversations between family and/or ownership & business; multi-generational, sibling and marital dynamics; and productive conflict management.
Peter’s style is direct, reality-focused, and comprehensive. The consultation that he offers is grounded in sound theory and research about family enterprise, individual functioning, and relationships. Peter’s input is stimulating and definitely not “cookie cutter” advice; it is tailor-made to fit his clients’ world, with immediate application and value.
Prior to his co-founding of YFEA, since 1995 Peter was a principal or co-founder of three successful multi-practitioner consulting practices. He is a Registered Clinical Counsellor in the province of British Columbia, Canada, and a Certified Gottman Method Therapist & Presenter (1st outside of USA). Peter and his wife Drusilla have been married for 34 years, and have three adult children.
Diana is a Principal of Your Family Enterprise, working with families to create and support structures and policies needed for meaningful multi generational wealth.
After an outstanding career with BMO Financial Group, Diana retired on January 31, 2013. Diana joined BMO Harris Private Banking in 2000, as Vice President and Managing Director for BC Region and led the team to remarkable growth and success. In 2011, Diana was promoted to a new national role, Vice President, National Managing Director and Head of the Private Wealth Group, responsible for overall leadership and strategy development for serving BMO’s ultra high net worth client group across Canada. Diana, through her passion for innovation, unflagging energy and impeccable organizational skills, established BMO as the leading Canadian bank in the area of Family Enterprise Advising.
Diana has extensive professional experience working with wealthy Canadian families. Prior to joining BMO, she was Head of the Wealth Preservation Practice in Vancouver with the national law firm Lang Michener Lawrence & Shaw (now known as McMillan LLP), where she practiced for 20 years. She holds both a Bachelor of Science degree and a Bachelor of Laws degree from Dalhousie University in Halifax.
Always active in the community, Diana has served in senior positions with many community foundations and boards. Diana is a Director of the Institute of Family Enterprise Advisors (IFEA) Board. She was the Chair of the BC Pavilion Corporation from 1992 – 2000, the crown corporation responsible for the Vancouver Trade and Convention Centre, BC Place Stadium, and Bridge Film Studios, among others assets. She is a former Governor and past Director of the BC Children's Hospital Foundation and has served as a board member of both the Professional Advisory Committee for the Vancouver Foundation and Junior Achievement. Diana is past President of the Estate Planning Council of Vancouver and has also served as chairman of the Succession, Trusts and Fiduciary Relationships section of the Canadian Bar Association (BC).
Diana is married and has two sons.
How Diana Supports Family Enterprises:
Diana has a particular interest and expertise in supporting and guiding the intended and actual inheritors of wealth in becoming accountable, self sufficient and fiscally responsible. Diana supports families in preparing for the distribution of wealth during the lifetime of the wealth creators and beyond through specialized beneficiary and trustee education and the meaningful creation of structures such as Family Banks, Beneficiary Councils and Family Offices found within families who want to inspire the next generation to actively contribute to multi generational family wealth.
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