For ultra-high-net-worth (UHNW) families and family offices, sustainability is about more than just maintaining financial wealth. It encompasses educating the next generation, fostering emotional well-being, and ensuring long-term financial stability. I explore how...
Family businesses face unique challenges, especially when personal relationships intertwine with professional responsibilities. Generational conflicts can emerge as family members have differing visions for the business. This case story explores how one family...
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...
