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More Than Money: A Guide To Sustaining Wealth and Preserving the Family
Hoofdkenmerken
Auteur: Michael A. Cole
Titel: More Than Money: A Guide To Sustaining Wealth and Preserving the Family
Uitgever: Wiley Professional Development (P&T)
ISBN: 9781119264804
ISBN boekversie: 9781119264705
Editie: 1
Prijs: € 33,56
Verschijningsdatum: 31-03-2017
Inhoudelijke kenmerken
Categorie: FIZ0
Taal: English
Imprint: Bloomberg Press
Technische kenmerken
Verschijningsvorm: E-book
 

Inhoudsopgave:

\u003cp\u003e\u003cb\u003eA new, more comprehensive approach to long-term family wealth management\u003c/b\u003e\u003c/p\u003e \u003cp\u003e\u003ci\u003eMore Than Money\u003c/i\u003e provides a high-level, integrated approach to preserving both financial resources and family harmony. Research has shown a failure rate of 70 percent in long-term multigenerational wealth management, and contrary to popular assumption, only five percent of that failure is due to bad investment, poor tax planning, or inadequate performance by legal and financial advisors. The number-one reason family wealth management fails is the family itself; poor communication, lack of trust, divergent visions, and a failure to prepare succeeding generations will tear down the resources the family has worked so hard to build. Traditional wealth management cannot fix this. Instead, this book offers a fresh approach that integrates strategic and tactical wealth management to align the family\u0026rsquo;s assets with the family members.  With helpful tools and advice drawn from a real-world understanding of family complexities, you\u0026rsquo;ll improve your ability to preserve your family\u0026rsquo;s resources over multiple generations.\u003c/p\u003e \u003cp\u003eWith an expert\u0026rsquo;s perspective on the real forces behind successful family wealth management, this book provides a clear model and a practical roadmap for long-term financial preservation.\u003c/p\u003e \u003cul\u003e \u003cli\u003eDevelop a shared family vision and mission\u003c/li\u003e \u003cli\u003eImprove communication and trust among members\u003c/li\u003e \u003cli\u003eMerge strategic and tactical planning\u003c/li\u003e \u003c/ul\u003e \u003cul\u003e \u003cli\u003eEnsure the longevity of your family\u0026rsquo;s wealth\u003c/li\u003e \u003c/ul\u003e \u003cp\u003eThe wealth management sphere tends to focus on taxes, investments, banking, and estate planning, but little thought is given to the people themselves--this overlooks the fact that individual family members are the most critical factor in multigenerational wealth management, and fails to provide solutions. \u003ci\u003eMore Than Money\u003c/i\u003e merges traditional strategies with family dynamics, communication, governance, and preparation to help your resources last for generations to come.\u003c/p\u003e
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