Family Wealth Management:Seven Imperatives for Successful Investing

Mark Haynes Daniell and Tom McCullough
Additional contact information
Mark Haynes Daniell: Raffles Family Wealth Trust, Singapore
Tom McCullough: Northwood Family Office, Canada

in World Scientific Books from World Scientific Publishing Co. Pte. Ltd.

Abstract: The successful management of family wealth has always been a challenge, even in the best of times. Requiring a careful balance of both family and financial considerations, the investment of family wealth for both lifetime and legacy purposes has become even more difficult in an increasingly complex world.

Keywords: Absolute Return; Active Versus Passive Management; Advice; Advisors; Alpha; Alternative Investments; Annual Review; Asset Allocation; Asset Classes; Asset Structuring; Balance Sheet; Behavioral Finance; Benchmarks; Beta; Bonds; Capital Gain; Capital Preservation; Cash; Cash Flow; Chief Investment Officer (CIO); Co-Investment; Comprehensive Wealth Management; Core And Satellite; Correlation; Costs; Direct Investments; Disciplined Investment Process; Dispersion And Persistence; Distribution Strategies; Diversification; Economic; Ecosystem; Education; Emerging Markets; Endowment Model; Education; Engagement; Entrepreneurial; Equities; Estate Planning; Exchange-Traded Funds (ETFs); Expected Return; Expenses; Family Balance Sheet; Family Business; Family Culture; Family Office; Family Roles and Relationships; Family Vision; Values; and Goals; Family Wealth; Fees; Ethics; Financial Management; Financial Planning; Fixed Income; Framework; Generational Issues; Global Financial Crisis (GFC); Global Investing; Goals and Objectives; Goals-Based Wealth Management (GBWM); Governance; Growth Investing; Hedge Funds; Heirs; Holistic Approach; Human Capital; Income; Index Funds; Inflation; Inheritance Tax; Integrated Management; Interest Rates; Intergenerational; International; Investment Committee; Investment Management; Investment Policy Statement; Investment Manager Selection; Legacy; Lifestyle; Lifetime; Liquidity; Long-Term Strategy; Milestone; Modern Portfolio Theory; Monitoring And Review; Multifamily Office (MFO); Multijurisdictional; Next Generation; Outsourcing; Ownership; Performance; Monitoring; Philanthropy; Planning Horizon; Portfolio; Private Equity; Quarterly Review; Real Estate; Rebalancing; Reporting; Responsibility; Return on Investments; Risk Management; Risk-Adjusted; Scenario Planning; Selecting Investment Managers; Stakeholders; Stewardship; Strategy; Succession; Tax; Transaction Costs; Trusted Advisors; Trusts; Upside/Downside Capture; Value Investing; Volatility; Wealth Management; Wealth Transfer (search for similar items in EconPapers)
JEL-codes: F21 G11 O16 (search for similar items in EconPapers)
Date: 2023
ISBN: 9789811265891
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.worldscientific.com/worldscibooks/10.1142/13129 (text/html)
Ebook Access is available upon purchase

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wsi:wsbook:13129

Ordering information: This item can be ordered from

Access Statistics for this book

More books in World Scientific Books from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().