What matters most in managing the family enterprise
Complete Family Wealth is a comprehensive resource for growing, maintaining, and managing wealth across generations. A successor to the classic Family Wealth, now in its 20th year, this book provides updated and expanded guidance to change the way you think about your wealth and legacy. This team of expert authors–who brought the field not only Family Wealth but also Family the Compact, The Cycle of the Gift, The Voice of the Rising Generation, and Family Trusts–ground Complete Family Wealth in a clear account of the ‘five capitals’: human, intellectual, social, spiritual, and financial. The discussion covers the ‘what, ‘ ‘who, ‘ and ‘how’ of family wealth management in clearly-delineated chapters that allow you to dip in as needed, from the principles of family enterprise to family governance, philanthropy, and more. Each family member plays a distinct role, and by exploring each member’s responsibilities in terms of the family enterprise, this book provides insights and ideas for real-world families struggling with all-too-common challenges.
Growth-oriented practices today lead to generations of family flourishing in the future. This book provides the answers you need along with guidance and strategy for keeping your family’s complete wealth intact.
* Understand the five forms of capital that comprise ‘complete family wealth’
* Explore the roles of each family member in helping the family enterprise flourish
* Learn how friends, trustees, and advisors contribute to family wealth management
* Adopt specific practices that help families grow their complete wealth and ensure its survival through generations
Family wealth can sometimes feel like more of a burden than a blessing. Developing the right understanding, character, and structures can improve family enterprise management and protect all your family’s capital from whatever the world throws your way. Complete Family Wealth is a one-stop reference for ensuring a positive legacy for future generations.
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JAMES E. HUGHES, ESQ, is a retired attorney and the author of Family Wealth: Keeping It in the Family and numerous articles on family governance and wealth preservation.
Dr. SUSAN E. MASSENZIO is a psychologist and founding Associate with Wise Counsel Research Associates, a think-tank and consultancy. She has extensive experience consulting to senior executives, leadership teams of Fortune 500 companies, and heads of
family businesses. She is the co-author of The Cycle of the Gift and The Voice of the Rising Generation, both published by Wiley/Bloomberg Press.
Dr. KEITH WHITAKER is a founding Associate with Wise Counsel Research Associates. Keith has many years’ experience consulting with advisors to and leaders of enterprising families. He is the co-author of The Cycle of the Gift and The Voice of the Rising Generation, both published by Wiley/Bloomberg Press.
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