Friday, March 8, 2019

Top 5 Mistakes Wealthy Families Makes

  1. In an effort to maintain costs, try to put entity together with barebones crew.
  2. Not having a family governance structure in place (education, mission and communication)
  3. Defining success based solely on how much their portfolio returns
  4. Falling in love with mission-driven impact investments like addressing climate change, food desert and unbanked.
  5. Holding family grudges or old family conflicts.