At The Private Bank, we understand that wealth management is not just about money. Our advisors can help your family engage in essential conversations surrounding shared values, the preparation of heirs, and family decision-making processes.
The "Why" Behind Your Wealth
Strengthen relationships, enhance communication, and clarify your values for a strong wealth plan.
Leadership Perspectives
Katherine Dean, Head of Family Dynamics, shares insights on how families can take an intentional approach to managing the human elements of generational planning.
What is Family Dynamics?
Family Dynamics is planning at the intersection of the financial and nonfinancial elements in your life. Family Dynamics helps you to address the intellectual, cultural, social, emotional, and interpersonal relationship aspects of managing wealth.
Managing more than wealth
We provide you with custom services, guidance, and actionable solutions for your family’s unique situation. Together, we will explore and address topics that include:
- Family Culture
- Wealth Stewardship Skills Development
- Family Enterprise
- Family Meetings
How we can help
Research shows that 70 percent of wealth dissipates by the 3rd generation due to a lack of family communication and trust, a lack of preparation of heirs, and not having a family mission statement in place.1 Our advisors can work with your family to help mitigate risks to your wealth goals and legacy, and develop a comprehensive plan backed by a shared family vision.
