Why do 70% of families lose their wealth by the second generation? Why does wealth divide families? And what can you do about it? Two experts join us to weigh in on these important questions:
- Craig Hamilton spent more than 20 years working with three generations of the Russell family, of Russell Investments and now serves as Alterra’s Strategic Advisor. Learn more about Craig here!
- Jill Gardner works with the Laird Norton family, advising a family wealth legacy spanning eight generations. Learn more about Jill here!
Thanks to both Craig and Jill for joining this wide ranging conversation! For more, see their article, How to Build True Family Wealth.
Josh Whelan
CFP®, CLU®, ChFC®
Partner, Financial Advisor
About the Author
Josh sees his profession as a calling, not just a career. His motive for pursing financial planning was very personal. While working on a degree in marriage and family counseling, Josh’s father was diagnosed with multiple sclerosis. Josh decided then and there to change career paths to help his family prepare for an uncertain financial future. Financial planning became his path to serving others.
The “Alterra” name was coined by joining the Latin roots “alter”, the origin of the word “altruism” with “terra” meaning earth or land. This name reflects the company philosophy of “clients before profits” and providing firmly grounded advice.