E-Book, Englisch, 128 Seiten, E-Book
Reihe: Wiley Finance Editions
Brown / Lotery The Family Wealth Sustainability Toolkit
1. Auflage 2016
ISBN: 978-1-118-42019-5
Verlag: John Wiley & Sons
Format: PDF
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)
The Manual
E-Book, Englisch, 128 Seiten, E-Book
Reihe: Wiley Finance Editions
ISBN: 978-1-118-42019-5
Verlag: John Wiley & Sons
Format: PDF
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)
An interactive assessment tool and companion manual forwealthy families and their financial advisors that analyze thebehaviors and knowledge that impact a family's overallwealth, while also providing best practices needed forimprovement
The Family Wealth Sustainability Toolkit gives wealthyindividuals, family offices, and the financial planners, advisorsand wealth managers who counsel them, the tools they need to betterassess their wealth sustainability skills. One part assessmentsoftware tool and one part companion book, the online Indexallows readers to assess their family enterprise across fourdimensions of sustainability, while the Manual acts both asa roadmap to analyzing their results and provides a foundation inbest practices.
The index asks individual family members to assess how much thefamily, as a unit, utilizes best practices to helpbuild structures, decision making processes, and leadershipover generations. The manual shows readers how to reflect onwhat's working in their family to build and maintainsustainable wealth and how to fix what isn't. Throughout bothcomponents, the authors emphasize the importance of human,intellectual, and social capital, as well as financial capital, asdrivers to sustainability over the long haul. The Family WealthSustainability Toolkit:
* Helps affluent families and their advisors assess how well theyare managing wealth now and for the future
* Evaluates wealth sustainability practices to help readers findout what's working and what's not
* Emphasizes the importance of human, intellectual, and socialcapital, as well as financial capital, in the quest for wealthsustainability
Comprehensive and highly practical, The Family WealthSustainability Index carefully explains exactly how affluentfamilies and their financial advisors can best utilize and preparetheir wealth now and for generations to come.
Weitere Infos & Material
Foreword vii
Preface ix
Acknowledgments xi
CHAPTER 1 Achieving Sustainability: The Challenges,Opportunities, and Complexities of Enterprising Families 1
The Business of the Enterprising Family 3
Moving Toward Sustainability 19
CHAPTER 2 Family Legacy and Connection 21
It's about Family, More Than Financial Assets 22
Combining the Mindset of Shared Risk and Shared
Opportunity with a Family Emotional System 22
Family Connection: More Complex over Time 26
Family Connection Independent of Sharing Assets 30
CHAPTER 3 Governance Structures and Processes: HelpingFamilies Achieve Goals 35
Family Mission: The Cornerstone of Governance 39
The Shape of Governance: A Thoughtful, Inclusive Process 42
CHAPTER 4 Financial Accountability and Management 49
The Individual's Role in Oversight 50
Financial Responsibility across Generations 52
Long-Term Management of Finances and Risk 56
CHAPTER 5 Human Capital and Leadership Development 61
How Does Human Capital Develop? 62
Relationship-Based Competencies Are Most Valued 63
Human Capital: People at Their Best 69
CHAPTER 6 Roadmap to Sustainability 75
Designing Your Unique Roadmap 77
About the Family Wealth Sustainability Index 80
Results: Setting the Base Point for Creating the Family Roadmap82
The Roadmap to Sustainability: Planning the Future 93
APPENDIX 1 Genogram Key 95
APPENDIX 2 The Samson Brothers Family Genograms 97
Index 9