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

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GREGORY CURTIS is the chairman and founder of Greycourt & Co., Inc., an open-architecture wealth advisory firm serving substantial families and select endowments on a global basis. He is the author of Creative Capital and The Stewardship of Wealth, as well as numerous white papers on a variety of investment topics.

De la contraportada

A FIRSTHAND PERSPECTIVE ON FAMILY WEALTH MANAGEMENT BEST PRACTICES

Family Capital is the refreshing new guide to managing wealth for the very rich. Instead of lectures and dry discussion, this vividly engaging book follows an archetypal wealthy family through several generations of fortune and misfortune to show you what effective family capital management looks like long term in the real world. You sit in on actual meetings between the family and its wealth advisers as they grapple with the many common challenges family investors face. Expert wealth adviser Gregory Curtis interjects revealing advice and insight along the way, explaining why each strategy is effective, and how you can put it to work for you. By the time the family's destiny has played out, you will be able to:

• Find your ideal wealth adviser
• Design and build your investment portfolio
• Monitor your investments and your adviser's performance
• Use trusts and other estate planning vehicles to your fullest benefit

Family Capital provides you with an exclusive skill set of knowledge and online resources for guiding families out of the shirtsleeves-to-shirtsleeves cycle of wealth.

De la solapa interior

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 your family capital remains strong enough to benefit future generations.Family Capital shows you how to manage capital and stay on top of the wealth management business the best way possiblethrough firsthand experience observing the meetings, decisions, and results of a family trying to sustain and grow wealth across generations.

Author and preeminent authority on advising the very wealthy Gregory Curtis culls the private conversations and family dynamics from more than four decades of his practice, illustrating successful family wealth management through the rise and potential collapse of the fictitious Titan family fortune. Along the way, you see how to find an adviser you can trust and evaluate his or her performance, as well as what it means to take a leading role in managing your family's wealth, and how to work with the right adviser. You will keep this innovative treatment of a typically dry subject at your fingertips for its:

• Insightful attention to how the human side of wealth management affects tactical investment decisions
• Word-for-word conversations portraying how life-changing decisions and missteps are made in the real world
• Top-tier expertise in estate planning and portfolio design and guidance for understanding what makes sense for your family or client

Family Capital features a completely new level of hands-on support with chapter-by-chapter extras that let you fully engage with covered material, as well as critical forms you can customize and use in real-world practice. The Titan family story unfolds cover to cover, but chapters are conveniently edited so you can easily reference complete topics.

Wealthy families face enormous obstacles to sustaining their wealth, and Family Capital prepares you for the conversations to overcome the most common ones.