The Family People Office™
"As Goes the Family, So Goes The Family Office™" (Mark R. Demos Co-Founder The Legacy Forum™)
PEOPLE are our business. The PEOPLE who are members of Ultra-High-Net-Worth Families. The families who constitute the Human Capital Portfolio. These families are the essential and consequential Wealth that determine whether a family will survive to the next generation and beyond.
The success and survival of the Family Office are intricately linked to the wellbeing of the family it serves. When the PEOPLE and family as a unit are expertly cared for and protected, the Family Office is likely to prosper. Conversely, when the family and it's PEOPLE struggle and fail, this directly impedes the effectiveness and success of the Family Office. Individual PEOPLE and families must be expertly understood and developed, and ever-present risks mitigated, If not, they will likely be the cause of the demise of the Family's Wealth and Office.
Issues like Succession Management are profoundly affected by problems of character, entitlement, failure to launch, parenting, weak self-identity, or issues of unforgiveness towards family members. Ultimately, the family's behavior and character will directly mirror the performance and outcomes of the Family Office.
The challenges intensify when focusing on Gen Z. According to renowned social psychologist and author Jonathan Haidt, the effect of social media on Gen Z represents "the greatest destruction of human capital in human history," leading to what he describes as "The Anxious Generation." This characterization highlights the complexities Gen Z faces as they prepare to manage substantial inherited wealth.
As goes the family, so goes the Family Office...
The New Era of Wealth Management
The Family PEOPLE Office™
A New Era of Wealth Management and The Family Office has arrived. The Family Financial Office™ (FFO™) and The Legacy Forum's™, "Family People Office™" (FPO™), together form a model capable of meeting the emerging challenges and opportunities of The Great Wealth Transfer. The Total Family Office™ (TFO™), provides a pathway forward for exploring and addressing these new realities.
The Human Capital Portfolio™
The Family PEOPLE Office™ (FPO™), is revolutionizing Wealth Management. Our approach views the individual family members and family unit, as the primary assets. When we begin working with a family, we perform a thorough analysis of those Human Capital assets: Spiritual/Beliefs, Physical, Intellectual, Emotional and Social. These assets are complex and multi-dimensional. The more evidence our Advisors have on the optimal performance of each asset, the greater their ability to Advise on strategies that promote the best pathways of well-being and success.
One of our greatest advantages as Legacy Advisors lies in our methodology for assessing the value of Human Capital in each family. We employ our proprietary Positive Forensic Profile™ model, developed by our founders Mark R. Demos and Krisandra P. Demos. The model integrates the elements of Forensic Profiling with the focus of evidence being Hard-Wired Talents, Positive and Strengths-Based Psychology. This approach enables us to systematically identify specific attributes within individuals and families that contribute meaningfully to building Enduring Legacy.
Family Offices and Wealth Managers have long been viewed as the creators and protectors of financial wealth and Legacy. They are not. The greatest predictor of enduring prosperity is almost exclusively rooted in the Well-Being and protection of the family as a unit and it’s individual "People".
The Legacy Forum™, believes that if Human Capital is not held as being of greater value than Financial Capital, the entire system of Wealth Management, is at significant risk. Your future will become fundamentally unstable, and it is likely to fracture and ultimately implode.
Family Offices and Wealth Managers are Fiduciaries. They are bound by their professional ethics to focus on the Financial Capital, which includes managing Succession and Governance. They are NOT responsible for the growth and protection of the family. That is outside of their professional purview.
The Family People Office™ is NOT a financial firm nor do we offer financial advice. PEOPLE are our business and we are experts in building and protecting the: Spiritual, Physical, Intellectual, Emotional and Social Capital.
The Family PEOPLE Office™ invites Family Offices, Wealth Managers and UHNW families to come and engage with us as we navigate the Brave New World of The Great Wealth Transfer! Be certain, you simply do not have enough money to face what you and your family are likely to face. Look around you. Your family must be built strong and you must believe your Legacy built on love, values, virtues, faith and character is strong enough to face whatever life brings.
Contact us today, time is never on your side.
FORUMS
Building Your Family, Building Your Legacy
Building enduring Legacy requires focused attention and wise planning in a "Forum". A Forum is a place when we meet and talk about the important issues of life. The Forum in Roman times played the same role.
The Family PEOPLE Office™ has designed a number of "Forums" where we focus on specific areas of life and Legacy:
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The Foundations of Legacy™ - is our signature PEOPLE and family program. It has been developed and refined over 35 years. We use both ancient wisdom and our proprietary, Positive Forensics Profiling™ model, to quantify your Human Capital Portfolio™. This is the foundation for building and protecting your multi-generational Legacy.
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The Legacy Nexus™ - The beneficiaries of the $124 Trillion Great Wealth Transfer, must be fully prepared to avoid catastrophe. $16 Trillion will be the approximate share of the UHNW's Next-Gen. The Nexus™ identifies and develops the critical elements of: talent identification, self-identity, values, virtues, faith, character, belief, inter-generational communication, mindset, gratitude and grit. The essential characteristics are part of the immense value we bring to Family Offices and Wealth Managers, when dealing with critical issues such as Succession and Family Governance. The Nexus™ is highly experiential, engaging and innovative for ages 22-35.
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The Legacy Conversation™ - The Legacy Forum™ is excited to launch "The Legacy Conversation" this year. Early bookings are absolutely advised as we only have a very few available openings. Big decisions and issues demand unique solutions. The Conversation is a seven day Trans-Atlantic cruise on the Queen Anne or Queen Elizabeth II from New York to Southampton. Luxury and old world elegance + TIME and NO Distractions = Thinking and Wise Decisions. This is where wealth meets wisdom.
The Legacy Forum™ - Distinctives
The Family PEOPLE Office™
The Family PEOPLE Office's™ suite of products and services is designed to build strong successful PEOPLE and families. We accomplish this by fostering sincere personal engagement, thoughtful actions, and deep reflection.
We encourage and help couples to build strong relationships. As parents, their calling is to help their children discover their talents, develop a true appreciation for their assets, practice open and authentic communication, clarify and articulate their deeply held values, and integrate virtues into their relationships and service to others.
We further encourage and guide them as families to invest their wealth, talents, and time in the lives of other people and causes that contribute to a meaningful and enduring legacy.
It is these actions which will proclaim their lives and character for generations to come.
Mental Health and Risk Management
Often, your Advisor can guide you through challenges, but there are situations when expert professional support is needed. When specialized mental health care is necessary, we will connect you to our strategic partners. who can have a licensed professional at your home within 24-48 hours. Interventions are also part of their work.
They can assess and start in-home detox, and rehab, or find an appropriate facility if needed. They also handle transportation, monitoring during treatment, and maintain long-term aftercare services.
The Legacy Forum has a a world-class network network of concierge doctors, psychiatrists, licensed counselors, and lawyers across the United States and internationally.
Building a legacy means protecting it. We’re here to support you whenever life takes an unexpected turn, for you or your family members.
Our High-Touch Advisor Approach
The Legacy Forum's™ Advisors are committed to deliver a personalized, high-quality concierge experience. We believe there is a need for a balance between advanced “High Tech” innovation, and "High Touch" human connection.
In today's rapidly evolving landscape which is marked by the unprecedented acceleration of Artificial Intelligence, We recognize that this critical equilibrium has been seriously disrupted by two dramatic and powerful events: Covid and the advent of AI.
Toffler’s foresight described a state of "shattering stress and disorientation," which he termed Future Shock. We see it in the lives of many of our families. The increasing prevalence of anxiety, depression, self-harm, suicide, substance abuse, and other serious mental health disorders underscores the urgency of our approach We can help!
"The greatest legacy one can pass on to one’s children and grandchildren is not money or other material things accumulated in one’s life, but rather a legacy of character and faith."
Billy Graham
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