At the Alchemia Group we are helping our clients think & act differently in regards to their wealth and its impact on thier family - because we know it is more than just numbers and plans, it's the Balance of Art & Science with Pragmatism and Vision.
One very enlightened family I know has a very unique way of grounding and focusing the relationships they have with professional advisors. The family went through a simple yet very effective values exercise using a ‘deck’ of values cards. They arrived at both core values (e.g. honesty, justice, lifelong learning) and aspirational values (e.g. to be helpful to others). They wanted their values to be reflected in all aspects of any work they did with their advisors. They presented each advisor with a laminated copy of the values. Any new advisor who does work for the family, either single project or long engagement, receives the same laminated values statement and a reminder to bring it to every meeting with any family members. This ritual makes sure that what really matters to the family is front and center before any tax, financial or legal strategies are recommended.