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David C Wells Jr
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Don’t Worry About Three Generations, Maybe Gen 6 is the Riskiest

Jul 8, 2022 | Family Wealth

Photo by Pixabay on Pexels.com “Oh emperor, my wishes are simple. I only wish for this. Give me one grain of rice for the first square of the chessboard, two grains for the next square, four for the next, eight for the next and so on for all 64 squares, with...

The Primary Risk for G1 Wealth Creators Starting a Family Office

Dec 2, 2021 | Family Wealth

Photo by Caleb Jones on Unsplash I just finished reading The Family Office: A Comprehensive Guide for Advisers, Practitioners, and Students by William Woodson and Edward Marshall.  This is a new release in the broader family office / family wealth...

Fingers in the Ears? – Wealth, Hubris and Entrepreneurship While Wealthy

Aug 26, 2021 | Family Wealth

Photo by Garrhet Sampson on Unsplash Earlier this summer, we asked the question if “Already-Wealth Families make good entrepreneurs?”   In that first post, we considered whether wealth has a negative affect on the family’s...

Welcomed but Needing Orientation – Family Office In-Law Survey Results

Jul 6, 2021 | Family Wealth

Photo by Sandy Millar on Unsplash Recently, Family Capital Strategy conducted our first ever survey of in-laws of Family Enterprise.  While much research and survey work has been done to analyze lineal descendants of families of wealth, we have seen...

Many Families Will Sell Their Business – That’s a Good Thing

May 27, 2021 | Family Wealth

Photo by Paz Arando on Unsplash Years ago, at a wedding reception, I was speaking with a car dealer from the Midwest about the stock market and investing. This dealer was explaining that while he knows he should diversify his investments, every dollar he invested into...
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