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Informationen zum Autor GREGORY CURTIS is the Chairman and founder of Greycourt & Co., Inc., a wealth advisory firm serving substantial families and select endowments on a global basis. Prior to founding Greycourt, Curtis served for many years as president of a family office for the Mellon family and as president of the Laurel Foundation. He currently serves on the investment committees for Carnegie Mellon University, The Pittsburgh Foundation, St. John's College, United Educators Insurance, and Winchester Thurston School, among others. Curtis is also a founder or cofounder of three investment firms, Greycourt & Co., Inc., The Investment Fund for Foundations, and Moneybags LLC. Klappentext Indispensable advice for building a lasting financial legacyBuilding wealth is hard to do, but maintaining that wealth across generations is even more challenging. In The Stewardship of Wealth: Successful Private Wealth Management for Investors and Their Advisors + Website, wealth advice expert Gregory Curtis reveals the investment secrets of the world's wealthiest families, so that financial planners, fund managers, and wealthy individuals everywhere can follow in their footsteps. Outlining the best practices for preserving and growing wealth, the book details exactly how to build a lasting financial legacy in the face of taxes, inflation, investment costs, and the conflicts of interest that are endemic to the financial advisory business.Wealthy families are at the very heart of America's exceptionalism, of the vigor, resilience, and creativity that have made the U.S. the most successful nation in history. The Stewardship of Wealth's discusses the crucial role private wealth continues to play in America's remarkable economic and cultural success and the issues wealthy families and their advisors face, presenting a step-by-step guide to better managing liquid wealth.* Reveals the wealth management strategies employed by America's wealthiest families and their financial managers* Explores the challenges to ensuring that money stays in the family, from portfolio design to manager selection to monitoring investment performance, and much more* Details the essential steps for ensuring a lasting financial legacyAn examination of the key issues involved in managing private wealth, especially for affluent families, The Stewardship of Wealth + Website is the ultimate guide to building a financial legacy that will last. Zusammenfassung Indispensable advice for building a lasting financial legacy Building wealth is hard to do, but maintaining that wealth across generations is even more challenging. Inhaltsverzeichnis Preface xix Acknowledgments xxxi Part One The Importance of Private Capital Chapter 1 Wealth in America: The Indispensable Rich 3 Democracy and Capitalism 6 Capitalism and Its Contradictions 7 Providential Societies 10 Risk and Strength 12 America and Decline 13 On China 15 Addressing the Declinists 17 Conclusion: American Distinctiveness and Private Wealth 19 Notes 21 Chapter 2 Creative Capital 25 A (Brief) Moral History of Capitalism 26 The Ancients 27 Moral Arguments for Capitalism 28 Voltaire 28 Adam Smith 30 Hegel 31 Contemporary Discussions 32 The Moral Basis of Private Capital 33 Creative Capital in America 34 Higher Education: The Case of St. John's College 37 Politics: The Conservative Resurgence 38 New Business Ideas: Venture Capital in America 39 Creative Capital and Vibrant Societies 42 Why Do Creative Capitalists Persist? 43 The Indispensable Nation 43 Conclusion: Underdogs and Bullies 45 Notes 47 Part Two The Stewardship of Wealth Chapter 3 Are We Living in a Permanent Financial Crisis? 53 The End of ...
