Managing the family's wealth in unstable times: role of advisers in wealth preservation using the parallel planning process concept

Paper

Goekmen, A. S. and Mula, Joseph M.. 2004. "Managing the family's wealth in unstable times: role of advisers in wealth preservation using the parallel planning process concept." 4th International Family Enterprise Research Academy Annual Research Conference (IFERA 2004). Jonkoping, Sweden Sep 2004 Springfield, IL. United States.
Paper/Presentation Title

Managing the family's wealth in unstable times: role of advisers in wealth preservation using the parallel planning process concept

Presentation TypePaper
AuthorsGoekmen, A. S. (Author) and Mula, Joseph M. (Author)
Journal or Proceedings Title4th IFERA Annual Research Conference
Year2004
Place of PublicationSpringfield, IL. United States
Conference/Event4th International Family Enterprise Research Academy Annual Research Conference (IFERA 2004)
Event Details
4th International Family Enterprise Research Academy Annual Research Conference (IFERA 2004)
Event Date
Sep 2004
Event Location
Jonkoping, Sweden
Abstract

Unstable times have been with mankind since recorded history began, markedly so since September 11th 2001, and its effects on the financial markets have led to substantial loss of wealth, especially for wealthy families. The wealth of these families is widespread: it often contains a family business at its heart, and includes property and portfolio assets as well as art collections and other important assets, often spread over many jurisdictions. Advisors can help or hinder the wealth preservation efforts of wealthy families.

Keywordsfamily wealth; preservation; advisers; parallel planning process
ANZSRC Field of Research 2020359999. Other commerce, management, tourism and services not elsewhere classified
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Byline AffiliationsCredit Suisse, Switzerland
University of South Australia
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