Sustain and grow your family’s capital throughout generations
Families need to have vision and foresight to sustain the family’s capital throughout generations. Unfortunately, many of them build wealth effectively but find, near the end of their lives, that it has little sustainability to prepare the next generations that will be the beneficiaries of their hard work.
Passing the Torch teaches high net-worth families how to foster a strong family dynamic to be truly generational. Inside, first-generation wealth creators will learn how to create a culture of sustainability and growth and endow subsequent generations with the tools and mindset necessary to prosper. Subsequent generations will learn how to receive the torch, sustain and grow the family’s capital and pass the torch to the next generation.
• Discover the importance of emotional intelligence
• Learn to view generational wealth from a behavioral lens
• Transcend financial instruction to find a sense of purpose and direction
• Map out your family’s legacy
Whether you’re consulting an advisor or taking matters into your own hands, this is the essential reference you need to sustain wealth for generations to come.
From the Inside Flap
In Passing the Torch, author Ilze Alberts shares her professional wisdom as a wealth psychologist for helping a family’s capital sustain throughout the generations. In this book, she presents the fundamentals of psychological mindedness and the awareness of positive psychology’s developmental practices and assessments. The book offers first-generation wealth creators the information needed to create a culture of sustainability and growth and endow subsequent generations with the tools and ideas necessary to prosper.
Passing the Torch reveals that the biggest investment you can make is not only in the smartest financial assets but also in the human capital of your family. By living a life of prosperity, meaning, purpose, inspiration, and power, it is possible to chart a course for your family to flourish for seven generations and beyond.
More than a simple guide to financial management, this book shows how to unlock wealth in all areas of your life including spiritual vision and mission, mental wisdom, vocational fulfillment, family connections, social empowerment, and physical health and vitality. The author helps to identify your burning desires and have certainty about your most cherished dreams and goals.
The book also provides guidance for outlining practical action steps that are an authentic expression and fulfillment of your vision for your life. You will see how your vision and life purpose serve your family as a whole. The author also encourages lifelong learning to ensure your own empowerment and mastery.
This is your important guide to generational wealth that also informs subsequent generations to learn how to receive the torch, sustain and grow the family’s capital, and pass the torch to the next generation.
From the Back Cover
THE MUST-HAVE GUIDE TO SUSTAINING AND GROWING YOUR FAMILY’S CAPITAL THROUGHOUT THE GENERATIONS
“Money is a form of energy, and since energy cannot be dissipated, it can only be transformed. The proverb cannot be ended, but by developing the right mindset and human behavior, the energy of generational money can be transformed and preserved. In this book, Ilze gives guidelines on personal leadership and taking leadership of your families. She describes the essence of having clarity of your vision, mission, and purpose. She shares wisdom on mental and mind empowerment and understanding how to deal with the challenges and obstacles of life. She explains the importance of loving what you do and doing what you love and offering your service to the world in your own authentic way. She gives guidance on how to manage money wisely.”
—From the Afterword by Dr. John Demartini, Performance and Behavior Specialist
Passing the Torch offers much-needed guidance for high-net-worth families on what it takes to foster a strong family dynamic to be truly generational. The author reveals how to create a culture of sustainability and growth and endow subsequent generations with the tools and mindset necessary to prosper. With wisdom based on experience, the author shows subsequent generations how to receive the family’s wealth, sustain and grow the family’s capital, and pass the principles of responsible wealth management on to the next generation.
About the Author
ILZE ALBERTS is a Wealth Psychologist, family expert and mentor, and international speaker. Her company, Ilze Alberts Incorporated, has attracted clients such as high-net-worth families, leaders of companies and political parties, and heads of prominent families. Ilze speaks at events hosted by wealth departments of banks, financial institutions, wealth conferences, and expos.