Helping Families and Advisors with the Complexities of Wealth
Dr. Jim Grubman of FamilyWealth Consulting is an internationally recognized consultant, speaker, and educator in the multidisciplinary field of wealth counseling. He works with affluent families and their advisors to understand the many ways that wealth and life can be integrated successfully.
Using skills developed as a psychologist for over 30 years, he helps individuals and families work through the natural dilemmas of acquired or inherited wealth. He also teaches, trains, and collaborates with the important advisors in clients` lives. The goal - to help those with good fortune achieve their greatest potential.
Strangers in Paradise: How Families Adapt to Wealth Across Generations
Jim Grubman's long-awaited publication Strangers in Paradise: How Families Adapt To Wealth Across Generations is now available at Amazon.com. Based upon the groundbreaking insights first outlined with colleague Dr. Dennis Jaffe, the book explores in depth the similarities between newcomers to wealth and the journeys of ethnic immigrants to new lands. It also outlines the important steps families must take in raising well-balanced, responsible, and strong inheritors (“natives of the Land of Wealth”). Through concepts and human stories, the book explains how the key process for families of wealth – like all immigrant families – is adaptation.
Wealth management industry expert Joseph Reilly Jr. interviewed Jim Grubman in an exclusive Q&A about Jim's new book: Strangers in Paradise: How Families Adapt to Wealth Across Generations.
Jim Grubman Nominated for Thought Leadership Award
Family Wealth Report, a leading wealth management industry news source, honored Jim with a nomination for their inaugural Family Wealth Report Award in the category of Outstanding Contribution to Wealth Management Thought Leadership. Jim Grubman of FamilyWealth Consulting was the only solo professional on the short list of nominations.
Jim Grubman Quoted in Latest Malcolm Gladwell Book
Malcom Gladwell's best-selling book David and Goliath: Underdogs, Misfits, and the Art of Battling Giants cites the metaphor of "Immigrants and Natives" to wealth first articulated by Jim Grubman and Dennis Jaffe. Gladwell's book quotes Jim about how acquirers of wealth must change their approach to parenting, and how difficult that can be without guidance. The book provides examples of how starting off in adversity helps wealth creation, and how being raised with the comforts of wealth can inhibit success for some inheritors.
The book also discussed other seeming disadvantages like dyslexia which can - for some highly motivated individuals - create conditions that develop skills for success. For a deeper look at the beneifts and challenges of ADHD and learning disorders for entrepreneurs, read the article Whirlwinds and Wealth by Jim Grubman and Jerome Schultz.
Strangers in Paradise Receiving Highly Favorable Reviews and Blog Comments from Experts
Families and advisors are finding Strangers in Paradise to be highly enlightening and readable. Reviews on Amazon are consistently very positive. Two thoughtful blog posts from esteemed colleagues in wealth counseling - Myra Salzer and Barbara Blouin - emphasize the utility of the concepts in the book as well as the human stories that make the concepts come alive. See the blog post by Myra Salzer of The Wealth Conservancy here and the blog by Barbara Blouin of The Inheritance Project here.