We know how to value a business, a property or an investment portfolio. Some of the most important assets of a wealthy family are much harder to put a number on. When we talk about family wealth, we usually mean money. It is understandable. Financial capital can be...
When we speak of family wealth, we naturally focus on the tangible assets that we can count, value, and report. Families often discuss investment portfolios, operating businesses, trusts, real estate holdings, and governance structures with impressive sophistication...