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...
In my many years as working with to Ultra High Net Worth Individuals (UHNWIs) and families focusing on the psychology of wealth, I’ve come to observe some intriguing trends. Not least of these is the emergence of a phenomenon of ‘stealth wealth.’...
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...
Living harmoniously as a multi-generational family comes with its share of challenges, yet, when approached wisely, it can be a deeply rewarding experience. As a wealth psychologist, I have worked extensively with multi-generational families and have seen firsthand...
Dr Lami features in the 2023 list of Best Family Business Advisors in Spears. Listed as one of the top family business advisors and wealth psychologists, dealing with family business issues and conflicts, Dr Lami’s unique approach helps to build bridges, improve...
Wealth transfer is a momentous event that goes beyond the mere shifting of financial assets from one generation to the next. As a wealth psychologist, my perspective on wealth transfer is deeply rooted in preparation, communication, and emotional intelligence....