Family Capital - by Gregory Curtis (Hardcover)

About the Book

"The lifelong guide to effective family wealth management strategy Family Capital provides a unique and practical lesson on wealth management. Instead of lectures and dry discussion, this engaging book follows an archetypal wealthy family through several generations and collateral family units to show you what effective family capital management looks like long-term. You will actually listen in on meetings between the family and its wealth advisor as they grapple with the many challenges family investors face. Expert wealth advisor Gregory Curtis provides advice and insight along the way, explaining why each strategy is effective, and how you can put it to work for you. You'll learn how to find an advisor you can trust, how to evaluate their performance, and how you can take the lead role in managing your wealth with the right advisor by your side. Estate planning and portfolio design are explored thoroughly to help you understand what makes sense for your family, and the companion website provides important forms and additional resources that help you put your plan into action. You've worked hard and done well, but the work isn't over. It's important to protect your wealth and make the right decisions to ensure that your family capital remains strong enough to benefit future generations. This book gives you a lifelong guide to effective wealth management, with expert insight to answer your most pressing questions. Find your ideal wealth advisor Design and build your investment portfolio Monitor your investments and your advisor's performance Utilize trusts and other estate planning vehicles to your fullest benefit The best way to learn something new is to hear lived experiences alongside expert commentary. Family Capital provides real-world perspective balanced by professional context, so you can tailor your next move to best suit your own situation"--

Book Synopsis

The lifelong guide to effective family wealth management strategy

Family Capital provides a unique and practical lesson on wealth management. Instead of lectures and dry discussion, this engaging book follows an archetypal wealthy family through several generations and collateral family units to show you what effective family capital management looks like long-term. You will actually listen in on meetings between the family and its wealth advisor as they grapple with the many challenges family investors face. Expert wealth advisor Gregory Curtis provides advice and insight along the way, explaining why each strategy is effective, and how you can put it to work for you. You'll learn how to find an advisor you can trust, how to evaluate their performance, and how you can take the lead role in managing your wealth with the right advisor by your side. Estate planning and portfolio design are explored thoroughly to help you understand what makes sense for your family, and the companion website provides important forms and additional resources that help you put your plan into action.

You've worked hard and done well, but the work isn't over. It's important to protect your wealth and make the right decisions to ensure that your family capital remains strong enough to benefit future generations. This book gives you a lifelong guide to effective wealth management, with expert insight to answer your most pressing questions.

• Find your ideal wealth advisor
• Design and build your investment portfolio
• Monitor your investments and your advisor's performance
• Utilize trusts and other estate planning vehicles to your fullest benefit

The best way to learn something new is to hear lived experiences alongside expert commentary. Family Capital provides real-world perspective balanced by professional context, so you can tailor your next move to best suit your own situation.

From the Back Cover

You've worked hard and done well, but the work isn't over. It's important to protect your wealth and make the right decisions to ensure your family capital remains strong enough to benefit future generations. Family Capital shows you how to manage capital and stay on top of the wealth management business the best way possible--through firsthand experience observing the meetings, decisions, and results of a family trying to sustain and grow wealth across generations.

Author and preeminent authority on advising the very wealthy Gregory Curtis culls the private conversations and family dynamics from more than four decades of his practice, illustrating successful family wealth management through the rise and potential collapse of the fictitious Titan family fortune. Along the way, you see how to find an adviser you can trust and evaluate his or her performance, as well as what it means to take a leading role in managing your family's wealth, and how to work with the right adviser. You will keep this innovative treatment of a typically dry subject at your fingertips for its:

• Insightful attention to how the human side of wealth management affects tactical investment decisions
• Word-for-word conversations portraying how life-changing decisions and missteps are made in the real world
• Top-tier expertise in estate planning and portfolio design and guidance for understanding what makes sense for your family or client

Family Capital features a completely new level of hands-on support with chapter-by-chapter extras that let you fully engage with covered material, as well as critical forms you can customize and use in real-world practice. The Titan family story unfolds cover to cover, but chapters are conveniently edited so you can easily reference complete topics.

Wealthy families face enormous obstacles to sustaining their wealth, and Family Capital prepares you for the conversations to overcome the most common ones.

About the Author

GREGORY CURTIS is the chairman and founder of Greycourt & Co., Inc., an open-architecture wealth advisory firm serving substantial families and select endowments on a global basis. He is the author of Creative Capital and The Stewardship of Wealth, as well as numerous white papers on a variety of investment topics.