Strategic insights for family office Principals and private capital leaders building systematic governance for multi-generational wealth and capital inflection points.
Ninety per cent of family wealth does not survive three generations. This is not due to bad luck or poor markets, but primarily to governance failure—a measurable, detectable, and preventable issue that directly impacts the success of wealth transfer. Part I: The Proverb Is Wrong The shirt-sleeves-to-shirt-sleeves proverb exists in almost every culture that has produced significant multigenerational Wealth. Wealth is acquired in shirtsleeves. The second generation stewards
