4-Dimensional Wealth: Verdence/FAMILY’s Next Gen Education Platform
In every walk of life, knowledge is power. You’re faced with a unique and complex mix of considerations and decisions, potential hurdles, and remarkable opportunities.
Verdence/FAMILY created an in-depth multi-generational education series, “4-Dimensional Wealth”, designed to educate and empower each family member to make informed decisions for all their financial resources.
Family governance and a well-defined family structure, coupled with family education, help you maintain open and frequent communication about wealth—and your vision for it—with your family.
According to Money Magazine, “70% of wealthy families lose their wealth by the second generation, and a stunning 90% by the third.”* Family wealth is often squandered by a lack of financial education and excessive spending. Prospering while surrounded by significant wealth is not a linear approach. It necessitates examining each aspect of your life from several vantage points.
Through age-appropriate messaging, forecasting, real-life examples, and open discussion around the opportunities and perils of significant wealth, Verdence/FAMILY prepares your next generations to enter their adult lives with a sense of confidence and a strong foundation built on knowing what’s at stake.