Books

Wealth 3.0

The Future of Family Wealth Advising

More than four decades ago, the field of family wealth advising began to challenge traditional methods of focusing solely on preserving and growing the money. We now stand at the threshold to the next major transformation, strengthening a focus on the family while shedding the fears and pessimism that have long invaded beliefs about the rich. A modern manifesto, Wealth 3.0: The Future of Family Wealth Advising outlines how the field arrived at this point and what will be needed to establish a more positive vision of family wealth. Through relatable stories and practical recommendations, Wealth 3.0 challenges family wealth advising to become the credentialed, scalable, rigorous profession it was always destined to be.

 

Discounts available for bulk orders. Use Contact page to inquire about pricing and ordering.

 

Strangers in Paradise

How Families Adapt to Wealth Across Generations

Strangers in Paradise: How Families Adapt to Wealth Across Generations (available in paperback and ebook versions at Amazon.com) explores the many similarities between the journeys of geographic immigrants to a new land and those who make an economic transformation from working-class or middle-class life to becoming affluent. Through wealth creation, marriage, or sudden windfall, these “Immigrants to the Land of Wealth” have many of the same emotional stresses, characteristics, and psychological tasks that ethnic immigrants have, including adapting how they raise their children and grandchildren as “Natives in the Land of Wealth.” The book draws from extensive cross-cultural psychology literature about immigration, acculturation, and intergenerational adaptation, combined with broad professional knowledge about wealth in families. Grounded in a solid understanding of both human nature and wealth, Strangers in Paradise clarifies how families can work together to prepare the next generation to handle wealth comfortably, confidently, and responsibly.

Discounts available for bulk orders. Use Contact page to inquire about pricing and ordering.

 

Cross Cultures

How Global Families Negotiate Change Across Generations

Unexpected challenges face prosperous families around the world in the modern global environment. As families become highly successful in one ethnic heritage, they soon encounter dramatically different cultural influences as they travel or grow their businesses. Change can also enter the family as younger generations go off to be trained within global centers of education and commerce. The resulting conflicts can bring significant stress to the family and risk to the family enterprise, especially at times of generational transition. Cross Cultures: How Global Families Negotiate Change Across Generations outlines highly practical strategies that families in each culture (and their advisors) can use to resolve differences that may threaten the fabric of the family. Building on Strangers in Paradise and Dennis Jaffe’s Hundred Year Families project, Cross Cultures explores the sociological research identifying three fundamental cultural styles around the world, known as the HFD model (Honor, Face, Dignity cultures). With examples drawn from case experiences and public information, Cross Cultures is a unique, easy-to-understand exploration of culture, its hidden dimensions, and the ways in which families must think, communicate, and solve problems together in the modern world.