Family well-being in wealth

Wealth offers the potential for creating generational opportunity, but also has the power to complicate family relationships. Our family governance approach to managing intergenerational wealth is meant to mitigate those risks, giving wealthy families the tools to thrive for generations.

Breaking the third-generation curse

The “curse” of family wealth often follows a familiar three-generation pattern: creation, growth, then loss. It’s easy to blame the third generation, who have likely led a life without want, but it can also be an indictment on the family’s management of risk, communication of shared values, and unwillingness to confront family issues and solve emotional problems.

Family governance is about using both sophisticated financial strategies to preserve and transfer wealth and soft skills like transparency, education, and philanthropy to bind families with common values and a common purpose.

Our approach to financial planning and family governance helps remarkable families preserve their wealth, promote opportunity and seek lasting concordance across generations.

We can help you strengthen your family’s relationship to its wealth, creating a customized wealth management plan distinct to your life, family, assets and goals, and supporting it with family meetings, risk management strategies and family wealth by-laws.

Rather than tightening control, family governance sets boundaries that help families keep their wealth from feeding discord.