College graduation marks the start of a career with new responsibilities and decisions. It can be an exciting time but filled with uncertainty. If you are starting a job, it is time to begin planning your financial future. To get started, here are our best tips around budgeting and spending money wisely, checking your credit score, saving for retirement, understanding your company’s benefits, monitoring and protecting your online activity (both financials and social posts), building your business skills, and more.
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Going to college is a major milestone—and for many members of the sandwich generation, it’s important to know how to get ready for that big moment, both from a financial and emotional perspective. Learn more about the College Planning topic in this episode of Invested: Advancing Women in Work and Wealth.
For many high-net-worth individuals with children, amassing wealth may be the easy part; successfully passing down that wealth to their children is where things can get difficult. If you’re the parent, you want to prepare your children for what’s to come. If you’re the one inheriting your parents’ wealth, and if you feel overwhelmed, you’re going to want to create your own game plan.
For business and wealth creators, preserving the family in the midst of wealth is far more difficult than creating the wealth. Integrating second and third generations into ownership and decision-making is something business builders haven’t yet experienced. We focus on 14 strategies families can use to integrate rising generations and pass down responsible ownership and governance.
The Five Capitals, Wealth 3.0, and the prevalence of Chief Learning Officers in family offices underscore a growing recognition among UHNW families of the value of investing in their human capital. Cultivating skills, stewardship, and personal growth is foundational for a legacy led by an educated, empowered family collective. We explore why learning is essential, how leading families are approaching it, and how you can initiate this journey.
In today’s rapidly evolving landscape, multigenerational families face unique challenges and opportunities that demand thoughtful strategy, robust governance, and the effective utilization of private family capital. This webcast will delve into the essential pillars that enable families to thrive over the long term: mastering complexity, building robust governance, cultivating a learning mindset, and harnessing the transformative power of private family capital. This webcast will further participants’ understanding of how to:
While “investing success” can mean different things to different investors, determining its meaning is essential to understanding what path to follow. Toward that end, there are four principles that provide a solid framework for improving the chances of investment success: goals, balance, cost, and discipline. By incorporating these guiding principles into your investment strategy and your children's financial education, you can reduce the noise and distractions of the ups and downs of market cycles and focus on the things within your control.
For many affluent families, risk management has become less a matter of how much insurance premiums will cost and more an issue of how much financial risk they are willing and able to accept. In an ever-shifting risk environment where families are assuming higher levels of exposure, families will need to be increasingly cognizant of potential risks in their lives and take proactive steps to safeguard their loved ones, assets, personal data, and financial security.
In this session, participants will explore a comprehensive framework designed to address the essential question: how might we build a strong and connected family of wealth? The discussion will center on the ten core competencies crucial at each life stage for navigating the unique challenges and opportunities that wealth brings. Attendees will be encouraged to reflect on their current positions, envision future possibilities, and identify areas for growth. The session will also delve into practical insights and strategies derived from real-world experiences in fostering learning families.
What is your superpower? If you don’t know, well, you don’t get to put on the cape. Based on his book, Design for Strengths: Applying Design Thinking to Individual and Team Strengths and Weaknesses, John will share the “Design Thinking” mindset and process out of Stanford University, ubiquitously used at Apple, Google, Amazon, and other Silicon Valley successes.