- Develop high performance families that are proactive in addressing important family matters and committed to the healthy family relationships proven to preserve long-term family wealth and happiness.
- Design a legacy that reflects family values and visions and that garners family buy-in to ensure it lasts for generations.
- Create a system of self-governance that promotes good joint decision making, preparation of heirs, and family unity long into the future.
Joanne Stern helps families resolve complex people problems in order to protect family health and happiness and sustain family wealth.
Joanne works together with families to:
Most families strive for prosperity. They want to preserve not only their financial wealth — they also want family harmony and a cohesive family unit.
But, it is a well-established fact that at least 70% of families (and 90% of family businesses) lose their wealth by the time it gets to their grandchildren. It is also a fact that no amount of legal counsel, estate planning, or expert wealth management will make your family more likely to be in the 30% who preserve their wealth and happiness across generations. Why? Families lose their wealth because families fall apart.
Gone in 3 Generations
70% of families will lose their wealth by the time it reaches their grandchildren.
The basic problem lies within the family itself.
So what do the 30% do that make them successful? They focus on their families. These high performance families invest time and resources into people and relationships. They do the hard work necessary to learn about their family dynamics, understand their family problems and face them head on. They are intimately involved in issues that matter to the family system as a whole. They relentlessly concentrate on keeping the family together, and they actively strive to be happy. Your family can, too.
Make YOUR Family a High Performance Family
Family Health Assessment
Understanding your family — its values and goals, strengths and weaknesses, history and legacy, traits and dynamics, relationships and individual personalities — is the most important ﬁrst step toward becoming a High Performance Family.
Establishing Your Family Council
An essential part of building a healthy multi-generational family includes developing a strong system of self-governance called a “Family Council”, which stabilizes the family and carries it forward successfully even after the matriarch and patriarch are gone.
Skills for Long Term Success
Long-term family success depends on the strength of family relationships. And good relationships depend ﬁrst and foremost on mutual trust and good communication. But healthy communication skills don’t come naturally — they have to be learned,. . .
Recent Articles by Joanne Stern, PhD
The Road to Happiness
A wise friend told me recently, “Wealth is not your money in the bank. Wealth is yo...Read More
Slow It Down . . . for Better Communication
Being a good communicator makes you more effective in every area of your life. Good c...Read More
Helping Your Kids Build a Meaningful Life
Take a moment to consider all the gifts you’ve given to your children. A great educ...Read More
Working Through Conflict
The first time I talked with Marilyn privately, we sat in a cozy corner of her parent...Read More
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