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WealthThe Family Office: feeling humbled
It feels like the right time of year to sit back and reflect on what’s been happening, and what’s to come. When I am trusted to take care of administration on behalf of another person or family, I never take it for granted and it’s something I hold in great esteem. I’m feeling very privileged […]
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Feeding the squawking chicks
You wanted to run a pension fund… didn’t you? So your family has made it – you’ve achieved enough money and assets not to worry anymore. Generation One (G1) is now considering ‘what next’, or maybe G2 is now in control. There’s a pile of stuff to be sorted through and thought about. This family […]
I had a dream, and you will have it too.
When a G1 (first generation) wealth creator has a business or an activity that they are proud of, and have a dream for its future, the most common mistake they make is to assume that everyone else will have that dream too. In particular their children. Some of the worst tragedies that I have witnessed […]
The trauma of wealth! The poor little rich kids.
New money only becomes old money if you manage to keep it. The probability of retention is vastly improved by how it is derived. Blood, sweat and tears that convert into money over time has considerably more meaning to the earner than quick money or good luck. Without preparation and an understanding of the way […]
A passage to wealth?
Gilligan Sheppard over its journey has attracted or grown a reasonable number of ‘wealthy’ clients and have observed the behaviours of successful people and families, good and bad. Many claim to write with authority on the topic of wealth, and for those who are wealthy, or aspire to be, this thought piece will either resonate […]