Roy Williams and Vic Preisser, in their research and subsequent book "Preparing Heirs: Five Steps to a Successful Transition of Family Wealth and Values.
In the complex realm of securing generational financial success, recent insights from the 2023 Citi Group Global Family Office Survey reveal a concerning misalignment between family concerns and their corresponding actions.
Throughout history, several billionaire families have witnessed a significant decline in their wealth, whether due to economic downturns, poor investment choices, family disputes, or political shifts.
Roy Williams and Vic Preisser, in their research and subsequent book "Preparing Heirs: Five Steps to a Successful Transition of Family Wealth and Values.
In the complex realm of securing generational financial success, recent insights from the 2023 Citi Group Global Family Office Survey reveal a concerning misalignment between family concerns and their corresponding actions.
Throughout history, several billionaire families have witnessed a significant decline in their wealth, whether due to economic downturns, poor investment choices, family disputes, or political shifts.
Normalcy bias can indeed contribute to the lack of foresight in establishing governance and communication systems.
