Distinguish a locally observed governance practice from a universally necessary one.

Family Office Private Wealth Journal · Editorial research desk · 2 November 2026

Companion to The Institutionalization of Family Offices in Brazil by Caroline de Oliveira Orth; Clea Beatriz Macagnan; João Zani.

Decision in practice

An office adopting an institutional committee structure still sends every important exception privately to its founder.

Committee assignment

Trace three actual decisions from proposal through execution. Compare who had authority on paper with who exercised it and who checked settlement.

Record and decision rule

Record exceptions and rewrite the mandate where practice diverges. Do not import a Brazilian governance arrangement without testing local fit.

Illustrative application by the editorial desk. The source authors did not evaluate or endorse this procedure.