by matt | Dec 13, 2023 | Blog, Next Gen Coaching and Preparation, The Psychology of Wealth Psychology
The concept of legacy in wealth management extends far beyond financial assets and material possessions. It encompasses the values, philosophies, and attitudes that families pass down through generations. As a wealth psychologist specializing in family wealth transfer...
by matt | Dec 11, 2023 | Blog, Next Gen Coaching and Preparation
In the realm of wealth management, the focus often gravitates towards financial planning and asset allocation. However, as a wealth psychologist working with affluent families, I’ve recognized a critical aspect that often goes unaddressed: the role of wealth...
by toma | Sep 19, 2023 | Blog, family wealth conflict resolution, generational wealth transfer, Next Gen Coaching and Preparation
Wealth management is a responsibility that extends beyond personal affluence. It includes the wise stewardship of resources, a thoughtful approach to investment, and a commitment to the greater societal good. When children are educated about sustainable wealth...
by toma | Aug 17, 2023 | Affluenza, Blog, effects of wealth, generational wealth transfer, Next Gen Coaching and Preparation, next gen wealth transfer
Transferring wealth to the next generation is a complex process that transcends numbers and legalities. It’s a delicate balance of imparting financial knowledge, instilling values, and preparing the younger generation for a responsibility that’s profound...
by toma | Jul 18, 2023 | Blog, family wealth conflict resolution, financial well being, generational wealth transfer, Next Gen Coaching and Preparation, non financial well being, wealth transfer
Estate planning is a critical aspect of wealth management, especially for ultra-high-net-worth (UHNW) individuals. However, even the wealthiest among us can fall prey to common pitfalls. As a wealth psychologist, I have seen how these mistakes can lead to unnecessary...
by toma | Jul 13, 2023 | Affluenza, Blog, family wealth conflict resolution, Next Gen Coaching and Preparation, next gen wealth transfer
Wealth transfer is a critical process for ultra-high-net-worth (UHNW) individuals, shaping not just their legacy but also the financial future of their heirs. However, wealth transfer can be fraught with complexity and requires meticulous planning to avoid common...