Bolgs About Wealth Psychology
Insights, tools and information on the Psychology of Wealth
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Equipping Wealth Advisors: Understanding Clients’ Attitudes Towards Wealth
In my years of working with the none-financial aspects of wealth management, I've come to recognize that the successful management of high-net-worth...
Succession Planning in Family Businesses: The Role of Wealth Psychology
Succession planning remains one of the most critical yet challenging processes for family businesses. The transfer of leadership, responsibility,...
Dr. Lami’s Insight: The Art of Teaching Children About Sustainable Wealth Management
Wealth management is a responsibility that extends beyond personal affluence. It includes the wise stewardship of resources, a thoughtful approach...
Tackling the ‘Soft Issues’ in Wealth Management: The Importance of Understanding Wealth Psychology
We talk about wealth in tangible terms. However, throughout my years of working closely with affluent individuals and their families, I've...
The Unspoken Building Blocks of Life: The Role of a Wealth Psychologist
When focusing on the The Unspoken Building Blocks of Life we often hear popular phrases like "communication is key" or "relationships are the...
Passing on Prosperity: Dr. Lami’s Guide to Educating Children About Wealth Transfer
Wealth transfer is more than a mere financial transaction; it's a delicate interplay of family values, fiscal responsibility, and the continuity of...
Dr. Lami’s Take: Preparing Your Children for Wealth Inheritance
Preparing your children for wealth inheritance isn't just a transfer of financial assets; it's the handing down of a legacy, values, and a way of...
Dr. Lami’s Approach: Raising Children Ready for Wealth Transition
Transferring wealth to the next generation is a complex process that transcends numbers and legalities. It's a delicate balance of imparting...
Finding the Balance Between Being a Family and Working in Business Together
Navigating the complexities of a family business can be challenging. With the mingling of familial ties and professional responsibilities, finding...
Building a Family Business Without Tearing Families Apart
Building a prosperous family business can be an incredibly rewarding endeavor, but it can also present unique challenges. Combining familial...
Keeping Your Family Together
In my experience as a wealth psychologist, I have often noticed that when it comes to ultra-high-net-worth families, money tends to complicate...
The Art of Stealth Wealth: A Peek into High-Class Subtlety
The Truman Capote era, when the wealthiest were separated from the merely rich by the quality of vegetables they served, now seems charmingly...