Updated
Updated · InvestmentNews · Jul 12
Activest Launches Family Governance Program for Ultra-Wealthy Families, Moving Beyond Investment Advice
Updated
Updated · InvestmentNews · Jul 12

Activest Launches Family Governance Program for Ultra-Wealthy Families, Moving Beyond Investment Advice

1 articles · Updated · InvestmentNews · Jul 12

Summary

  • Activest Wealth Management has rolled out a Family Office Governance Program to help ultra-high-net-worth families handle succession, communication, leadership development and other non-investment issues.
  • Dennis T. Jaffe helped shape the program, which turns governance into an ongoing advisory service through facilitated family meetings, governance frameworks, multigenerational education and legacy planning.
  • An initial group of families has already completed planning sessions and guided discussions, using the structure to align decisions on shared assets, advisor relationships and investment oversight.
  • Activest says the offering reflects a broader wealth-management shift as advisors take on the interpersonal and structural challenges that often determine whether family wealth endures across generations.

Insights

With 90% of family fortunes lost by the third generation, can paid programs truly fix family dynamics?
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