Get a Professional Certificate in Family Wealth Planning for Financial Advisors
No matter what your income level is, it’s never too early to start building a family wealth planning strategy. As your family and estate grow, it becomes more challenging to build a comprehensive plan.
Start by articulating what financial success looks like for you and your family. It can be helpful to seek input from your family members to understand their financial aspirations and assess their ability to take an active future role in managing family matters and finances. Understanding all of this will help set the foundation for your family wealth planning strategy.
Every family should leverage the resources and expertise of a Financial Advisor to help build and manage their wealth planning strategy. This is because family wealth planning is not only extremely complicated but it can also be a sensitive topic among family members. Having an unbiased, third-party advisor can help mitigate any inter-family issues while uncovering new opportunities to grow the family portfolio.
Learning Objectives
In this course, you will learn how to:
- Define family wealth planning and its role in your company.
- Lay the groundwork to develop a family wealth plan.
- Create a plan, assign roles, and execute the plan.
- Communicate to develop support and manage change.
- Anticipate obstacles, and evaluate and adapt goals and plans.