Unexpected WealthComing into wealth suddenly – such as through inheritance or a windfall liquidity event of a family business – can carry seri...Trends in Charitable Giving vs. InheritanceThe challenges of bringing up children with wealth are predicated on the idea that said wealth will transition to said childr...Public Face of a Family BusinessOne of the biggest challenges in wealthy families is when/how to talk about the family wealth to children. There are a number...Family Values Under COVID-19 PressureImagine this scenario: a family owns an operating business, with a non-family member as CEO. In response to COVID-19, the CEO...Too Much Entitlement?The e-word – “entitlement” – comes up in almost every presentation or lecture I give, and in many family discussions. It has ...Social capital in family businessA ‘family business’ is more than just a business owned and operated by a family. In addition to being a vehicle of wealth cre...Time to Retire BoomerWhile I abhor the “generation wars” narrative that pops up regularly, the article below is about a novel – Boomer1 by Daniel ...Family governance: why? when?When family wealth is controlled or owned by a single person (usually the wealth creator), things are simple. But at some poi...Entrepreneurial LegacyMost wealth is created through entrepreneurship: taking a risk to start a business, and growing that business. Some families ...Give it a Break; Family vs BusinessCan you have the best of both worlds? Family businesses have to tread a fine line: they must compete like any business, while...Value Drivers and Outside PerspectiveWhile the family business may be delivering good returns, how much is it actually worth? Often, family members are disappoint...No Thank You! Not for Me.A common challenge for family businesses is when the rising generation have no interest in taking over. This can be especiall...What is the most valuable thing you can give your children?As a wealthy family, one sure way to find out the answer is to ask (too often parents don’t bother). According to a Wells-Far...Diversified Wealth or Succession?What proportion of your family wealth is tied up in the operating family business? According to Camden Research’s recent repo...What Advice do you Need?When it comes to advisors, I have two simple rules: Get good advisors Listen to them Family advisors need additional skills b...Values are the Foundation of a Successful Family Business TransitionHow to maintain family wealth through generations? Get the best financial advisors and managers for operating assets? Other t...Charitable Habits of The Next Generation of GiversPhilanthropy can be a great way to engage different generations in a wealthy family, and for family members to find purpose w...Does Your Family Operate with Conflict of Interest?The essential problem family businesses must deal with is conflict of interest, which arises when people have multiple roles ...