Managing Future Uncertainty Through Effective Risk Planning

Families that integrate risk management into their broader wealth management practice take a proactive rather than reactive approach to the future. They recognize how current actions and efforts have the potential to greatly impact the lives of generations to come. While it is impossible for any multigenerational family to be able to identify and anticipate all the potential risks they face, the goal should be for the family to have the appropriate structure and culture to handle known risks in a proactive manner and be able to capitalize on unanticipated opportunities that result from a changing environment. 

At this webinar, attendees will learn new ways of thinking about risk in the context of sustaining wealth across multiple generations and how to define risk and risk management in broader terms to meet long term goals.  Speakers will discuss strategic and tactical actions for managing downside and upside risk effectively and outline the benefits of a formalized risk management process. 

Strategic: Example of case-based study and discussion for firm and family leaders, focusing on the complex, integrated issues of multigenerational family wealth managment. Especially relevant for family office leaders, family leaders and MFO leaders.