Workshop #3 & 9: Stewarding Multigenerational Wealth: Eye on Best Practices

Tuesday, April 30, 2013 -
9:30am to 10:30am

Session type:

Around the world, families of significant wealth share something: Only 10 percent of them succeed in sustaining family wealth beyond the third generation. What causes this phenomenon commonly known as “shirtsleeves-to-shirtsleeves”? And more importantly, what are the commonalities of the 10 percent of legacy families that buck this trend and successfully sustain family wealth? This session will highlight 10 best practices of legacy families, with a focus on practical ideas that advisors can implement with clients.