Family Wealth Sustainability Toolkit Receives Praise from Family Enterprise Professionals

The Family Wealth Sustainability Toolkit is a new and unique handbook and online resource that helps high-net worth family enterprises and their advisors uncover critical conversations, discover best practices and plan for the future of multi-generational families. The innovative system of online resource and handbook is capturing the attention and praise by renowned family enterprise professionals. Created by family-enterprise experts Fredda Herz Brown, PhD and Fran Lotery, PhD, the Toolkit helps users gain insight into their family-enterprise management, growth and leadership experience with direct application.

This one of a kind dual process system of handbook and online resource helps families identify and understand areas for improvement within their family enterprise. Additionally, it helps provide direct applications for maximizing the sustainability of the family enterprise. Mel Lagomasino, CEO and Managing Partner for WE Family Offices, recognizes the Toolkit as a valuable tool for families: "What is special about [The Family Wealth Sustainability Toolkit] is that there is direct application; a family can not only read about suggested activities for sustainability but can complete the online assessment which results in a roadmap to prioritize and engage in the practices most important to them. This a great guide for families engaged in the journey of sustaining family wealth for future generations."

The educational aspect of the Toolkit provides families with real time data to effectively map out what their family needs to do to achieve family wealth sustainability. The Toolkit provides families with insights that allow them to make critical and thoughtful decisions for the future, says Christine K. Galloway, President and CEO of the Okabena Company. "This is an invaluable manual and tool for families that want to be deliberate about understanding, and then acting on, the opportunities and challenges of sustaining their legacies. The authors' reflections are honest and grounded in experience."

Fredda Herz Brown, PhD, co-author of The Family Wealth Sustainability Toolkit acknowledges that her and co-founder Fran Lotery's real life experiences with enterprising families helped create this practical hands-on system. "By working with multi-generational families for decades we have developed a system that provides feedback from each individual in the enterprising family. It's an approach that helps families understand the enterprise as a whole, how each individual fits in and plan for a sustainable future."

"Planning for longevity is the key to a successful family enterprise, says Fran Lotery, but most enterprising families lack the tools to effectively communicate and plan for the future." Other experts agree, including Eric Kessler, Founder and Managing Director of Arabella Advisors; "The secret among most of America's successful families is that few have planned for sustainable wealth and lasting family relationships. This toolkit is the gold-standard for anyone planning for their family's future."

Kirby Rosplock, PhD, 4th Generation Family Business Owner and Director, Research & Development, GenSpring Family Offices also acknowledges the Toolkit as a powerful tool for families seeking success for multiple generations; "[The Toolkit is a] hands-on, practical book and tool for families who share assets to help them meet the hurdles that thwart most multi-generational families in their efforts to pursue their definition of longevity and success. The Toolkit will enhance a family's awareness of their family function, assist them in identifying opportunities, and aid them as they build a strategy for sustainability for generations to come. The manual not only provides a guide for families to understand sustainability but also a way to make sense of the data they generate."

The Family Wealth Sustainability Toolkit continues to gain praise and recommendations from family enterprising experts and 5 star reviews online at at Amazon.com. Access to the online Index is added value with every handbook. The online Index comes with the handbook or can be purchased alone on the book's website http://www.familywealthsustainability.com.

About Relative Solutions, LLC.

Relative Solutions is a firm that manages change with families as they look to transition their wealth from generation to generation. Whether they are working with a family on the meaning and impact of wealth, or on issues of governance, strategic planning and philanthropy, Relative Solutions helps families to achieve their stated goals. To learn more, visit: http://www.Relative-Solutions.com

To post a comment, you must register and login.