What should your wealth make possible?
Clarify lifestyle, legacy, philanthropy and business ambitions. Identify which priorities matter now and which belong to a longer horizon.
WGP PERSPECTIVES / FAMILY REVIEW GUIDE
A clearer view
of your family’s wealth.
Six questions for a more useful conversation with your family and advisers.
You do not need another investment idea to begin. Start by making the existing picture clearer.
Use these questions to identify what is already understood and what deserves a closer look. This guide is a discussion aid, not a diagnosis or a recommendation for your portfolio.
What must your capital fund—and when?
Consider regular spending, expected withdrawals, debt obligations and unfunded commitments. Which needs can be met without relying on the sale of illiquid assets?
Where is the same risk appearing more than once?
Look across businesses, properties, funds and direct investments. Separate the number of holdings from the underlying exposures they share.
What would a new investment add?
Consider the role it would play alongside existing holdings, the capital it would tie up and the information needed before a decision.
Who sees the whole picture?
Identify who consolidates information, reviews risk, coordinates providers and brings unresolved decisions to the family.
What needs to remain clear as circumstances change?
Agree how investment policy, portfolio knowledge, responsibilities and decision history will be maintained and shared with the right people.
Bring the decisions
into one view.
For each open question, record the information needed, who will provide it and who will make the decision. That simple discipline can make the next conversation more focused.
Discuss your priorities with Victoria