Professional sparring partner
An advisor to discuss important financial decisions with.
Families with complex wealth
When wealth spans several generations. The wealth is substantial and involves multiple family members. How it is managed will have consequences across generations.
Wealth with multiple decision makers
Family wealth can be linked to businesses, property or investments that have been built up over time.
Responsibility for the assets may lie with one person, or be shared across multiple family members and generations.
Some have built the wealth themselves and want to ensure how it will be managed going forward. Others have taken on the responsibility and want to manage the assets in a sound and considered way.
When more people are involved, the decisions become more complex and interconnected. Clear frameworks and a structured approach to ownership and decision-making therefore become more important.
Questions many families have
- How should the wealth be structured across generations?
- Who should be responsible for which decisions, and when?
- How do we ensure that the assets are managed responsibly over time?
- How can the next generation be involved in a constructive way?
- How do we make decisions that work for the family, both now and in the future?
What's at stake
Family wealth often represents values built up over many years of work and decisions.
When several generations are involved, responsibilities and decisions can become more complex and interdependent. Choices made today can shape how the wealth develops far into the future.
For many, it is therefore important to ensure that the assets built up over time are managed in a way that also supports future generations.
How Connectum works with families and shared wealth
When assets concern several people and generations, clear frameworks and defined roles are crucial.
At Connectum, we act as an independent advisor and sparring partner in decisions related to the family’s wealth. Together, we look at how the assets are organized, how responsibilities and decisions should be clearly distributed, and how risk should be managed over time.
The aim is to establish a clear and robust structure around the assets, making it easier to make well-founded decisions, both today and for future generations.
Structure and overview
Support in structuring the family’s wealth and creating a clear overview of key decisions.
Independent basis for decisions
A solid, independent foundation for decisions, both short and long term.
The difference between Connectum and traditional advisors
Over the years, many families have had contact with banks, wealth managers or other advisors. The conversations are often about individual investments or specific opportunities.
At Connectum, we start by getting to know the family’s needs, goals and overall situation, and by understanding the full picture of their wealth. We first look at how the assets are organized and what decisions the family is facing.
A clear structure and long-term strategy are then developed for how the assets should be managed going forward.
For many, the process starts with the investments. At Connectum, it starts with an independent and comprehensive assessment.
When Connectum is not right
Our approach is best suited to families who want structure, clarity and a long-term approach to managing their wealth across generations.
We are not normally the right choice for families who:
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make investment decisions based on short-term market movements
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seek excitement or speculation in their investments
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are primarily focused on individual investments rather than the overall structure and management of the family’s wealth
FAQ
How do we avoid disagreements when more people are involved in the decisions?
Disagreements often arise when roles, responsibilities and frameworks are not clearly defined. A shared structure and agreed principles make it easier to make decisions together and reduce the risk of conflict over time.
What happens if we don't set a clear structure?
Decisions are often made on a case-by-case basis. This may work for a while, but it makes it more difficult to ensure that your assets are managed in line with your long-term intentions.
How do we get started in a good way as a family?
Start by getting an overview and clarifying what matters most to you as a family. This provides a basis for creating a shared structure and plan that everyone can support. Many people benefit from a neutral sparring partner to guide this process.
Do you have questions about your situation?
A short conversation can help you clarify if this is right for you - and if the timing is right.