For long-term financial security, it’s important for wealthy families to transition from a wealth accumulation phase to that of wealth preservation and growth.

Those who get it right ensure the financial security for their retirements, and possibly for future generations. Those who get it badly wrong just once might never get a second chance. 

As I’m sure you’re aware, when we survey the landscape of the financial industry, it’s littered with formerly prominent financial institutions and investment funds that have gone out of business.

That observation alone is a testament that many newer investment strategies strayed badly from the lessons of history.