Advising the Ultra-Wealthy: A Guide for Practitioners

ISBN-13: 9783030576073 / Angielski / Miękka / 2021 / 146 str.

Gregory Curtis

Opis

This book, designed to be a guide for practitioners who wish to advise ultra-wealthy families, focuses on the difference between the ultra-wealthy and the ‘merely’ wealthy. With this in mind, the chapters devote little time to issues on which most financial advisors spend most of their time—retirement planning, IRA accounts, home mortgages, planning for college tuition, or financial planning in general. Practitioners working with the ultra-wealthy will instead need to grapple with complex tax issues, matters associated with the ever-changing world of trusts, the special world of the family office, money managers that are not available to anyone who is not an accredited investor or who enforce very high minimum account sizes, the family dynamics and human capital issues that destroy both families and wealth, and so on, all of which will be covered on a global scale in this book.

Recenzje

"Advising the Ultra-Wealthy is aspirational as well as practical. ... An invaluable guide for navigating this complex and often little understood segment of the market." (AdvisorEngine, advisorengine.com, February 2, 2021)

Spis treści

1 Ultra-Wealthy Families and Their Financial Advisors 

2 How Families Get Rich (and Why It Matters to You) 

3 Differences Between Wealthy Families and Institutions 

4 Building an Ultra-Wealthy Family Client Base 

5 A Wealthy Family’s Many Advisors 

6 Policy Statements for Wealthy Families 

7 Evaluating Money Managers for Family Portfolios 

8 On Governance: Decision-Making in Families 

9 Family Philanthropy 

10 They’re Selling the Family Company: Now What? 

11 What Is the Wealth For? 

12 Socially Responsible Investing 

13 Trusts and Estate Planning

​14 Strengthening Your Existing Knowledge 

15 Miscellaneous Issues that Affect the Ultra-Wealthy 

Bibliography 

Index

O autorze

Gregory Curtis is the author of eight books, including three investment books: Family Capital, The Stewardship of Wealth, and Creative Capital. He is the author of nearly 50 white papers and journal articles on a variety of investment topics. Gregory’s blog appears every Friday morning and goes out to approximately 50,000 readers. It is available free of charge at https://gregorydcurtis.com/blog/. He has lectured at Harvard Law School, the Tepper School at Carnegie Mellon University, and the University of Pittsburgh School of Law, all in the USA.