Abstract
The author explored the influence of family dynamics on the structure of the family office in an earlier paper; this article drills below the surface of family dynamics to offer a deeper examination of the link between generational socio-economic perspectives and attitudes toward family wealth. The author initially reviews the nature of family dynamics, subsequently explores the specific, wealth related perspectives of living generations, and ultimately makes the critical connection between such perspectives and wealth management decisions involving goal-based asset allocation.
- © 2006 Pageant Media Ltd
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