WHAT CAUSES 70% OF FAMILIES TO FAIL TO RETAIN THEIR WEALTH FOR MORE THAN TWO GENERATIONS?
All families are, to a greater or lesser extent, dysfunctional. It therefore follows that managing the emotional dynamics of a family and their businesses will, hopefully, avoid short term threats and lead to their long term survival in an ever changing world.
Alexander Advisory was established in 2012 to give both families and individuals the best chance of dealing with difficult issues and potential dangers, both internal and external, to their lives and future prosperity.
60%
of families said they failed due to a breakdown in communication and trust amongst family members.
25%
of families said they failed due to the children not being prepared to handle the wealth and the responsibility that came with it.
10%
of families said they failed due to a lack of a cohesive vision about what the family should do with the wealth.