Balancing Riches and Relationships: Family-Centric Wealth Management with Jeff Savlov
It is very common for first-generation, self-made, affluent people to shield their children from hardships. But that safety net can become a hammock of complacency…and entitlement!
In this episode, Duncan MacPherson joins Jeff Savlov, Family Business and Wealth Consultant, and the founder of Blum & Savlov, LLP. They discuss how to address family dynamics in wealth management — ultimately avoiding strained relationships among all future inheritors of wealth.
- Why family dynamics play a crucial role in continuity and succession planning
- Major challenges in family business succession (and how to address them)
- Resources for financial advisors to help address family issues faced by affluent clients
- How to engage families — including children — in the financial planning process
- And more
Stream the new episode of Always On by clicking here: paretosys.co/AODM_ep46
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