Family capital : working with wealthy families to manage their money across generations

Cover -- Title Page -- Copyright -- Contents -- Preface -- The Titan Family -- Organization of the Book -- A Note to Middle-Income Investors -- Acknowledgments -- Prologue: The Titan Family in America -- Preparation and Use -- The Extended Titan Family -- The Titan Family Tree -- Summary -- Note -- Chapter 1 George Titan III and His Catastrophic Mistake -- Preparation and Use -- How Not to Manage Your Family's Money -- The American Stock Market Turns Sour -- George III Makes a Fateful Decision -- The Aftermath of George's Decision -- The Mistakes George Made -- Failing to Learn and Grow -- Working with the Wrong Advisor -- Being Sold Instead of Buying -- Abandoning the Equity Markets -- What a Good Advisor Could Have Done for the Titans -- Putting the Client First -- Educating the Client -- Focusing on Spending -- Taking Private Capital Seriously -- Summary -- Notes -- Chapter 2 Ned and Rose Succeed Jake as Co-Heads of the Family -- Preparation and Use -- Ned and Rose React to George III's Decision to Sell Equities -- Jake Picks Ned and Rose as Co-Heads of His Branch of the Titan Family -- Jake Begins to Train Ned and Rose in Investment Matters -- Ned and Rose Assume Full Responsibility and Don't Like What They See -- The Titans and the Credit Crunch -- The Titans and the Financial Crisis -- Rose Learns about Another Option -- What the Regional Brokerage Firm Could Have Done Better -- First, Always Provide Full Disclosure -- Be Patient -- Think Like a Consultant -- Summary -- Chapter 3 The Titans Search for and Engage a New Financial Advisor -- Preparation and Use -- How the Titans Conducted Their Search -- Visiting with Consulting Firms -- Questions Ned and Rose Asked -- The Titan Family's RFP -- What the Titan RFP Got Right -- How the RFP Might Have Been Improved -- Concluding the Search -- Identifying and Interviewing Final Candidates.