For family wealth to be sustainable over multiple generations, it is essential for each family member to be educated and engaged as participating owners. This is accomplished by respecting the individual ideas, values and unique perspectives that each family member brings to the table.
For enduring success, the family dynamic should be organized to assist younger members with education and developing their individual skills and talents. When properly nurtured and fostered, these next-generation custodians will feel comfortable that their contributions are valued and respected- thus preserving the ideals of the entire family eco-system.
As many would think, education in financial and business matters is important. Even those who are not naturally inclined toward these subjects need to have a fundamental knowledge to not only ensure their own personal welfare, but to become contributors to the family’s success.
One of the greatest risks to the family’s wealth is the manner in which they interact with one another. Often with competing interests and individual objectives, a divisive family dynamic can be a recipe for disaster. Rarely spoken about, these issues are directly related to the effective management of the family’s financial and material wealth.
Aspen Family Office offers you educational opportunities that are custom fit to your family’s needs.
Some of these include education on:
Advisory Services Offered Through Emerson Equity LLC, 888-394-2247 A SEC Registered Investment Advisor. Member FINRA/SIPC The investment representative associated with this website may only discuss and/or transact securities business with residents of the following states: CO, DC, FL, MD, NY, RI, VA.