- Good Idea, Bad Start
- When Opportunity Comes Face to Face with Hard Work and Preparation
- End of an Era
- No Strategic Approach to Wealth Management
- Alarm Bells
- It's Hard to Grow Assets AND Enjoy the Fruits of Success at the Same Time!
- Our Wealth Represented More Than Cash
- We Needed to Get a Handle on Our Investment Portfolio
- Introducing Strategic Wealth Management
- We Are Stewards, Not Owners, of Our Wealth
- Taking Control for the First Time
- The Power and Purpose of Entrepreneurial Stewardship
- Philanthropy Has Emerged as a Shared Interest Among Many Family Members
- Closer Family Ties
- The Value of Family Lore
- How My Dad Taught Me the Value of Money
- A Book About Strategic Wealth Management
Taking Control for the First Time
As a result of our discussions, my family and I pulled our family trusts out of the Midwestern bank that had managed them for years. In an ironic twist, however, the bank didn’t try to retaliate for this move or hold a grudge against our family. Instead, the bank hired me in 2001 to manage its high-net-worth business and to implement for its clients many of the strategic wealth management practices and approaches that my family and I decided to put in place.
The decision my family and I made to replace our existing trustee and to take proactive control of our family’s wealth management activities had profoundly powerful effects that I want to share with you throughout the book. You will also learn how to enhance your own financial and family successes, given your own circumstances and objectives.