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More Than Money
book

More Than Money

by Michael A. Cole
April 2017
Intermediate to advanced
192 pages
5h 11m
English
Bloomberg Press
Content preview from More Than Money

CHAPTER 10Family Education: Building a Culture of Learning and Continuous Improvement

The previous chapter highlighted the importance of family leadership. The fact is, however, that not every member of a family is equipped to be—or wishes to be—a leader. Nonetheless, all of the current and future owners, stakeholders, and beneficiaries of the wealth need to build and sustain a foundation of strategic and tactical wealth management knowledge to ensure multigenerational sustainability and success. If family members possess only scant awareness of such issues as diversification, asset allocation, and long‐term investment plans, and they have only limited skills in communication, the results can be disastrous. They may find themselves the victims ...

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Publisher Resources

ISBN: 9781119264705Purchase book