Intentional wealth is wealth with a purpose — wealth that is not only accumulated but consciously structured, stewarded, and directed. It involves strategic planning to increase your worth, secure wealth transfer across generations, and …
When families plan their financial future, the conversation often focuses on assets — properties, businesses, investments, and valuable holdings. Yet wealth is only one side of the equation. Liabilities are an equally crucial yet …
Key performance indicators (KPIs) are essential for understanding family offices' financial health and performance. By aligning these KPIs with strategic goals, families can ensure that every decision supports immediate and long-term priorities. This article …
In financial reports, key performance indicators (KPIs) are essential tools for families and family offices managing multi-generational wealth. These metrics offer critical insights into financial health, performance, and risk, enabling informed decision-making and alignment …
Financial reporting and analysis remain indispensable tools for high-net-worth individuals (HNWIs) and their families. These practices form the foundation for informed decision-making, enabling families to preserve and grow wealth while mitigating risks. In this …
Family enterprises possess a broad range of resources that go beyond financial capital. These resources encompass intangible assets such as the education of family members, networks of influence, and deeply ingrained family values. The …
The saying “wealth never survives three generations” has long shaped discussions around family businesses. Often referred to as the "30-13-3 rule," it suggests that only 30% of family businesses survive into the second generation, …
Exceptional families understand that having the right advisors can significantly enhance their ability to achieve long-term success. Advisors who possess the right capabilities and the necessary overview can guide family businesses through the complexities …
Motivating adolescents to reach their full potential is one of the key elements of the longevity of a family business and successful wealth transfer. Parents play a crucial role in this process by fostering …
In Family Businesses "family blockholder conflicts" — tensions within groups of family owners — often necessitate sophisticated management approaches. "To curb family blockholder conflicts, families often separate the family from its assets and install …