Challenges of Family Investment Decision-Making
Overview
Challenges of Family Investment Decision-Making
Cliff Hurd, Hurd Enterprises, Ltd., John Goddard, Investment Resources Corp and Charles B. Grace III, Senior Consultant, Family Office Exchange
When families make major investment decisions regarding asset allocation, tactical asset allocation, opportunistic investments, and selection and termination of managers, among others, a myriad of questions are raised. Who will make the investment decision? Should there be an investment committee? What will be the process for making the decision? What degree of formality is optimum in each situation? What is the role of the investment consultant and others? This session will include sharing of new knowledge as well as an opportunity for topical, interactive dialogue in the art and science of investment decision-making as well as an a case-study comparison of what makes high-performing families so successful.