Family Capital: Working with Wealthy Families to Manage Their Money Across Generations

The lifelong guide to effective family wealth management strategy Family Capital provides a unique and practical lesson on wealth management. Instead of lectures and dry discussion, this engaging book follows an archetypal wealthy family through several generations and collateral family units to show you what effective family capital management looks like long–term. You will actually listen in on meetings between the family and its wealth advisor as they grapple with the many challenges family investors face. Expert wealth advisor Gregory Curtis provides advice and insight along the way, explaining why each strategy is effective, and how you can put it to work for you. You?ll learn how to find an advisor you can trust, how to evaluate their performance, and how you can take the lead role in managing your wealth with the right advisor by your side. Estate planning and portfolio design are explored thoroughly to help you understand what makes sense for your family, and the companion website provides important forms and additional resources that help you put your plan into action. You?ve worked hard and done well, but the work isn?t over. It?s important to protect your wealth and make the right decisions to ensure that your family capital remains strong enough to benefit future generations. This book gives you a lifelong guide to effective wealth management, with expert insight to answer your most pressing questions. Find your ideal wealth advisor Design and build your investment portfolio Monitor your investments and your advisor?s performance Utilize trusts and other estate planning vehicles to your fullest benefit The best way to learn something new is to hear lived experiences alongside expert commentary. Family Capital provides real–world perspective balanced by professional context, so you can tailor your next move to best suit your own situation. INDICE: Preface .The Titan family .Organization of the book .A Note to Middle Income Investors .Acknowledgments .Prologue .The Titan Family in America .Preparation and Use .The Extended Titan Family .The Titan Family Tree .Summary .Note .Chapter 1 George Titan III and His Catastrophic Mistake .Preparation and Use .How Not to Manage Your Family s Money .The Mistakes George Made .What a Good Advisor Could Have Done for the Titans .Summary .Notes .Chapter 2 Ned and Rose Succeed Jake as Co–Heads of the Family .Ned and Rose React to George III s Decision to Sell Equities .Jake Picks Ned and Rose as Co–Heads of His Branch of the Titan Family .What the Regional Brokerage Firm Could Have Done Better .Summary .Chapter 3 The Titans Search for and Engage a New Financial Advisor .Preparation and Use .How the Titans Conducted Their Search .Concluding the Search .Summary .Notes .Chapter 4 First Meeting: Governance, Investment Strategy and Other Introductory Matters .Preparation and Use .First Meeting with the Titan s New Advisor .Summary .Note .Chapter 5 The Titans Create an Investment Policy Statement .Preparation and Use .The Titan Family Meeting .Summary .Notes .Chapter 6 Establishing the Titan Family s Investment Objectives .Preparation and Use .The Titan Family s Version of Their Investment Objectives .Summary .Notes .Chapter 7 The Titans Grapple with Asset Allocation .Preparation and Use .The Asset Allocation Meeting .Summary .Notes .Chapter 8 The Manager Search Meeting .Preparation and Use .The Manager Selection Meeting .Summary .Notes .Chapter 9 Reviewing the Performance of the Investment Accounts .Preparation and Use .The Performance Reporting Meeting .Summary .Notes .Chapter 10 Miscellaneous Investment–Related Discussions .Preparation and Use .Family Investment Education .Adding Value to the Titan Family Portfolio .Investment Committees .Socially Responsible Investing .Summary .Notes .Chapter 11 Miscellaneous Non–Investment Discussions .Preparation and Use .Hiring a Custodian .Family Limited Partnerships .Family Philanthropy .The Family Office .How Much to Leave the Kids .Inequality and Wealth .Summary .Notes .About the Author .About the Website .Index

• ISBN: 978-1-119-09413-5
• Editorial: John Wiley & Sons
• Encuadernacion: Cartoné
• Páginas: 352
• Fecha Publicación: 24/02/2016
• Nº Volúmenes: 1
• Idioma: Inglés