Can the system that created the wealth sustain it?

I was delighted to contribute to the 40th edition of The International Family Offices Journal.

Below you can read an extract of my article that explores a question that often sits at the heart of my work with family offices:

Can the system that created the wealth sustain it?

It examines why, while family offices invest considerable time and resources in measuring financial performance, they rarely apply the same discipline to assessing the conditions that determine whether wealth endures across generations.

Earlier this year, I developed The Stewardship Benchmark to help families assess these conditions in a more structured and objective way and meet this critical question head on but, most importantly, in an enjoyable and constructive way.

As always, if you’d like more information or would like to discuss the ideas in more detail, please do get in touch.

To read the full article and see more of the International Family Office Journal titles, please visit Globe Law and Business’ site here.