The financial world is in the midst of the “Great Wealth Transfer.” Over the next two decades, an estimated $84–124 trillion will pass from Baby Boomers to Gen X, Millennials, and Gen Z (Capgemini, …
For High-Net-Worth families, the question of how to support an adult child facing financial struggles or the consequences of "poor life choices"—while remaining equitable to self-sufficient siblings and avoiding a cycle of enablement—is a …
Portfolio valuations are critical yet often misunderstood tools in investment management. When executed consistently and interpreted correctly, they become one of the most powerful decision-making tools for investors and family councils. Whether you’re a …
"Our family has some long-standing, unspoken tensions between siblings. How do we ensure the inheritance process doesn't become the spark that ignites a major family feud over perceived slights or old scores?" The family’s …
Financial data is the foundation for smart decisions, regardless of whether you’re running a family office, advising clients, or managing your own investments. But let’s be honest: long tables of numbers and dense reports …
It’s the usual dilemma: "We've provided significant lifetime financial support to one child for a business venture, while another has pursued a lower-paying but socially valuable career. How do we address this disparity 'fairly' …
Wealth fragmentation occurs when shared family assets (whether from a business, investments, or property) are split among heirs over successive generations. It is one of the most significant threats facing multigenerational family enterprises. While …
When it comes to succession — passing the business from one generation to the next — cultural undercurrents play a much bigger role than many people expect. Succession may look like a simple handover …
It’s often assumed that children will one day take over the family business. They’ve grown up with it. It’s familiar. In many cases, it’s expected. But is continuing the family legacy always the best …
Setting Up a Family Council the Right Way In many successful families, the very traits that fuel business achievement—confidence, boldness, and persistence—can create unintentional silence around the dinner table. One person’s power may quiet …