Your Time With The Baton: Winning the Relay Race of Family Wealth Stewardship

by Steve Braverman

Overview

A massive train of wealth transfer is bearing down on society, and it is not going to stop. During the next quarter century, the United States will experience the largest transfer of wealth in modern history. According to the financial consulting firm Cerulli Associates, over the next twenty-five years, forty - five million households will transfer an estimated $68.4 trillion to the next generation.

If your family is among those participating in this transfer, there are many significant actions you need to take — because doing it well will affect the lives of everyone in your family and their descendants, and the life of our society as a whole. Effective wealth transfer requires intelligent dialogue with, and consideration for, each inheritor and the whole family. In Your Time with the Baton, Steve Braverman, a veteran wealth manager and man of wealth himself, provides you with an intimate perspective on how to make this happen.

Product Details

ISBN-13:	9781642254532
Publisher:	Advantage Media Group, Inc.
Publication date:	03/07/2023
Sold by:	Barnes & Noble
Format:	eBook
Pages:	112
File size:	1 MB

About the Author

STEVE BRAVERMAN is a cofounder, former CEO, and now Co-Chairman of Pathstone, an independently operated partner-owned advisory firm providing objective advice to families, family offices, and select institutions. Pathstone’s objective is to help clients create, manage, and preserve wealth across generations. Steve manages his own family’s single-family office and therefore knows wealth management and its related issues from both the client and the client service sides, and he enjoys sharing that knowledge whenever possible.

Table of Contents

Acknowledgments The great wealth transfer and you Wealth opportunity versus wealth consumption A safety net supports creative risk-taking Making it to the top of the podium Measuring results, staying on course, and recovering from falls Now what? Winning the relay race of life About the author