Complete Family Wealth

By: James E. Hughes, Susan E. Massenzio, Keith Whitaker

Narrated by: James E. Hughes

Length: 6 hrs and 6 mins

Publisher's Summary

What matters most in managing the family enterprise

Complete Family Wealth is a comprehensive resource for growing, maintaining, and managing wealth across generations. A successor to the classic Family Wealth, now in its 20th year, this book provides updated and expanded guidance to change the way you think about your wealth and legacy. This team of expert authors - who brought the field not only Family Wealth but also Family the Compact, The Cycle of the Gift, The Voice of the Rising Generation, and Family Trusts - ground Complete Family Wealth in a clear account of the "five capitals": human, intellectual, social, spiritual, and financial.

The discussion covers the "what", "who", and "how" of family wealth management in clearly delineated chapters that allow you to dip in as needed, from the principles of family enterprise to family governance, philanthropy, and more. Each family member plays a distinct role, and by exploring each member's responsibilities in terms of the family enterprise, this book provides insights and ideas for real-world families struggling with all-too-common challenges.

Growth-oriented practices today lead to generations of family flourishing in the future. This book provides the answers you need along with guidance and strategy for keeping your family's complete wealth intact.

• Understand the five forms of capital that comprise "complete family wealth"
• Explore the roles of each family member in helping the family enterprise flourish
• Learn how friends, trustees, and advisors contribute to family wealth management
• Adopt specific practices that help families grow their complete wealth and ensure its survival through generations

Family wealth can sometimes feel like more of a burden than a blessing. Developing the right understanding, character, and structures can improve family enterprise management and protect all your family's capital from whatever the world throws your way. Complete Family Wealth is a one-stop reference for ensuring a positive legacy for future generations.

©2018 James E. Hughes, Susan E. Massenzio, and Keith Whitaker (P)2018 Audible, Inc.

More than gold nuggets

Many books or seminars leave you with a handful of takeaways or "nuggets". This book offers riches in every chapter; applicable to those with means, those creating means or those just starting out. Recent graduates, professionals, parents, grand parents and families should digest this book and return to it over and over. Great wisdom financially and more importantly, nonfinancially is contained with in.

Required Reading

If you want a complete understanding of how to protect and talk about financial matters with family this is a must read.

Good listen on family wealth development

This book details in story and technical about setting up the next generation for success as a family unit.

This book is not gonna give you specifics on technical structure of family offices or trusts.

It does give you important technical pieces and references successful families on governance of your family office or trust.

In closing it’s a great reminder how important these pieces are. If you have or are thinking of setting up a legacy family office or trust I recommend you give this a thorough listen to create the most successful governance for your legacy and family to withstand time long after your gone and more important while you are here.

Very boring delivery but great information

I am an audible junkie.. love to learn about topics such as this but this book took me nearly a month to complete. Loaded with fantastic material, but my goodness very very boring storyline. Because of my addiction to finish everything I start, I followed through but painfully.. the authors voice is very tiresome..

Aprecia la familia como un todo, no solo los aspectos monetarios

El libro me gustó mucho ya que presenta herramientas para que las familias y cada uno de sus miembros puedan desarrollarse plenamente. Podría ser una desilusión para quien espere ver algo nuevo de administración de finanzas, pero aborda temas aún más importantes que la administración de dinero, habla sobre mantener la riqueza familiar.