From the Family Firm Institute: How Wealthy Multigenerational Families Can Instill a Culture of Stewardship (Part 1 and Part 2)
The UHNW Institute is pleased to share articles from the Family Firm Institute: How Wealthy Multigenerational Families Can Instill a Culture of Stewardship (Part 1 and Part 2), written by two of our Institute leaders, Dennis T. Jaffe and Amy Hart Clyne.
This article outlines key steps that UHNW families can take to foster a culture of stewardship. It focuses on creating clear agreements and aligning family members’ actions with shared values to ensure sustainable wealth management across generations.
Topics include:
- Defining core family values that underpin financial stewardship.
- Creating clear agreements on wealth management roles and responsibilities.
- Aligning family members’ actions with the agreed-upon stewardship principles.
