Parents play a crucial role in shaping their children’s attitudes and behaviors towards money. The relationship that parents have with money can significantly influence how their children perceive and manage finances. I discuss how parents’ financial...
Family offices are dedicated to managing the wealth and affairs of ultra-high-net-worth (UHNW) families, but they are not without their challenges. I discuss the common issues observed in these unique environments and offer insights on how to address them. Common...
Recently I was interviewed by Tor Flonaes an owner at MASECO Private Wealth. We discussed the intricate dynamics of integrating wealth psychology into estate and transition planning. Tor Flonaes’ insightful questions allowed me to shed light on the critical...
Wealth Transfer and Intergenerational Issues Wealth transfer between generations is a complex process that goes beyond financial considerations. It involves addressing emotional, psychological, and relational dynamics to ensure a smooth transition. I explore the...
In the intricate world of family businesses, family offices, and ultra-high-net-worth (UHNW) families, maintaining harmony and ensuring long-term success can be challenging. Family dynamics often complicate business operations, requiring specialized guidance to...
Selling a family business or parting with a significant asset can be one of the most challenging decisions for family business owners, laden with emotional weight and historical significance. Having facilitated numerous transitions, I understand the complexities...
