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by rufus_foreman
1622 days ago
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A study by Roy Williams from the Williams Group which is a wealth consultancy: "In 2002, Roy Williams of The Williams Group published the results of a 25-year survey of 3,250 instances of generational wealth transfer. He concluded that 70% of those transitions failed, where failure was defined as involuntary loss of control of the assets. That finding underscores and even quantifies the observation that Smith made centuries ago, but Williams took the analysis a step further and explored the reasons for those failures" -- https://www.bbh.com/resource/blob/12348/efb7f72e1db41ada8ef1... He wrote a book with Vic Preisser titled "Preparing Heirs: Five Steps to a Successful Transition of Family Wealth and Values" that has the results of the study. Looks like you can get a copy for $3.51 on Amazon. |
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