Family Wealth
Keeping It in the Family - How Family Members and Their Advisers Preserve Human, Intellectual, and Financial Assets for Generations, 2nd, Revised and Expanded Edition
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Narrated by:
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L. J. Ganser
About this listen
This is the landmark book that changed the way exceptional families think about their heritage, their wealth, and their legacy to future generations - now revised and expanded. Charles W. Collier, Senior Philanthropic Adviser at Harvard University, hails this as, "A masterpiece. No one is more astute than Jay Hughes about the topics of family wealth and family life."
©2004 James E. Hughes, Jr. (P)2010 Audible, Inc.Listeners also enjoyed...
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Often downplayed in the excitement of starting up a new business venture is one of the most important decisions entrepreneurs will face: should they go it alone, or bring in cofounders, hires, and investors to help build the business? More than just financial rewards are at stake. Friendships and relationships can suffer. Bad decisions at the inception of a promising venture lay the foundations for its eventual ruin.
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Too much talk on the data
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After an 11-year-old Kimberly Guilfoyle lost her mother to leukemia, her dad wanted her to become as resilient as she could be. He wisely taught her to build a solid case for the things she wanted. Creating a strong logical argument was the best way to ensure that she could always meet her needs. That childhood lesson led her to become the fearless advocate and quick-thinking spitfire she is today.
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If you're 20 and need advice...
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What listeners say about Family Wealth
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Wayne Lee
- 12-05-23
Great stories about concepts of long term family
Great stories about concepts of long term family citing dynastic families & examples that any modern UHNW founder would benefit from
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- Amazon Customer
- 04-13-24
Funny and real
I love it because it makes so much common sense but deep thinking has to be applied to appreciate it.
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- Moomtaz
- 09-06-20
Shines light on what it means to truly be family
The money is not the hard part. It's the easiest in fact. The problem lies in relationship and fixing the layers of our families dysfunctional behavior. Building trust and establishing protocol and respect.
This is a first in many books on a path to fixing family preserving wealth and building for the future.
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2 people found this helpful
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- ToddH
- 08-04-23
Really good
I think there were a lot of great insights and thoughts in this book. The downside, as with most books of this type, while great at identifying concerns, they don’t provide a lot of great solutions.
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- Peter
- 08-27-23
Succinct summary of family succession
Treats wealth management and family succession as a wholistic process. Provides guidance on how to avoid pitfalls through proper development of human capital and structure of assets.
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- David A. Johnson
- 12-01-20
Must read manual for preserving family wealth
The book is written by a lawyer who outlines how to preserve family wealth. Easy to understand, brings up new ideas you may not have thought of such as addressing substance abuse right away and the risks of perpetual trusts. If you have a Trust or are planning to create one, this book is the best I’ve read on the right way to think about it. As someone who is the beneficiary of a Trust, a grantor and a Trustee, I’m delighted to hear these ideas before I present Trusts to my children. Beyond families with wealth, this book is ideal for financial planners, lawyers, accountants or other investment professionals with high net worth clients.
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1 person found this helpful
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- Arielle
- 11-05-24
Very multi-faceted book!!! I will re-read this many times!
The writer is a very dynamic thinker and it really shows in his ability to cover a multitude of topics. i would argue that everyone, with or without the conscious desire for wealth, should read this book!
It will teach you how to be a good steward of your wealth, family, groups, and your life overall, should you study and apply the ideologies in this book.
I will be purchasing the physical book and re-reading this for many years to come, if not centuries!
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- andrea
- 02-12-21
Must Read!!
this book has opened my eyes to what true wealth is and individual responsibility. the role fo the family and how with a solid family family foundation generational wealth can be achieved.
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2 people found this helpful
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- Kamille
- 11-23-22
Life Skills
This is a book I will get a hardcopy of so that I can underline mark cross reference, and continue to glean an education from the words in this book.
I appreciate the clarity of the book not only to increase my financial knowledge, but also remind me of the importance of relationships. This is an excellent book.
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- Patrice R.
- 05-24-24
Great information
This book contains great information to start organizing a family and structure the way to generational wealth
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