Tom McCullough, Managing Director of Thought Leadership and Strategy at the UHNW Institute, addresses the question that surfaces more consistently than any other in work with wealthy families:
How do we prepare the rising generation for wealth?
In this article, McCullough draws on five chapters from Wealth of Wisdom: The Top 50 Questions Wealthy Families Ask to examine how families define wealth, how values are transmitted through example rather than instruction and why inheritance is less a financial event than a formation process.
The central argument is that the real continuity question is human, not financial. The work of preparing capable stewards must be intentional, structured and cannot be outsourced.
Members can access the article in the Resource Library:
The Most Common Question Wealthy Families Ask
Meet the Author
Tom McCullough
Founder and Chairman, Northwood Family Office
Managing Director of Thought Leadership and Strategy, The UHNW Institute
