Foundations | The Legacy Forum

The Foundations of Legacy™

You know your Financial Portfolio is being expertly managed and protected by your Private Wealth Advisor or Family Office. They are exceptionally talented and educated professionals. You also know first-hand the experiences of other people that no matter how much money you have, there are situations and challenges that your wealth is no match for.

Engaging with The Family People Office™ brings our team of Family Legacy Advisors™ and experts into your life to care for your wellbeing, build your family and family members lives, strong and resilient and help mitigate against real and potential threats to your family.

The Legacy Forum's™ recently launched Family People Office™ is constructed based on The Family Office and Private Wealth Advisor models.

Families either choose a Private Wealth Advisor (CPWA) or can use the Family Office options offered by some banks or if they have enough AUM, they can form their own Family Office.
Banks and financial institutions interview their prospective UHNW clients to determine if there is a good fit for the products they offer, how their Wealth Management and Family Office division is set up and the services they provide.
Once there is an agreement the financial institution, they will analyze your Financial Portfolio. They evaluate your portfolio, your investment approach and philosophy and then provide you with a strategic report. They will advise you based on them getting to know you, your financial psychology, goals, and explain how they would manage your portfolio. They will provide a Relationship Manager to work with you.
The CPWA or Family Office advisors will continue to work with you as markets change, geo-political events happen, new products, Private Equity or Venture Capital or other investment options might be of interest to you. They assess and report to you frequently. Each institution is different but many offer regular meetings in person, group meetings and give you access to an online account to view how your money is performing.

The Foundations of Legacy™ follows a very similar process.

The Interview. You need to know what we offer and how we approach working with you, our clients. We are Legacy Advisors™ and you will have the opportunity to interact and experience this relationship and how it works. The Legacy Advisors™ explain The Family People Office™, how it works, The Foundations of Legacy™ program and process to determine if you are a good fit. That fit needs to determine if our philosophy and goal of the program is something you buy in to. Legacy building can mean many things to many people but to us it means we believe your family is your most valuable asset, and not your financial assets. We need to be sure you believe that. We also need to have your assurance that this belief is paramount in your work with The Family People Office™ on The Foundations of Legacy™ journey. Translated, The Foundations of Legacy™ is a deep, rich and wonderful experience. It does require time, attention, follow-through and a commitment to building a trusted relationship with your Legacy Advisors™. The Interview process takes from 2-4 weeks.
The three layers of The Foundations of Legacy™. There are three layers to the foundation and three or four retreats interspersed between these.
- Layer 1 - Analysis of Your Family History - 3 Months
- Retreat - 1 1/2-2 days
- Layer 2 - Inventory of Your Family Capital Portfolio™ (Human Assets) - 6 months
- Retreat - 1 1/2-2 days
- Layer 3 - Direction Strategic Investment of Your Family Capital Portfolio™ - 3 months
- Retreat - 1 1/2-2 days
- The 3G-Continuum™ - Options for Managing Your Family Capital Portfolio™

A question we ask when we interview prospective clients for The Foundations of Legacy™ program, is one that has to be answered for wealth and Legacy to endure. "Who would you be as an individual and family if you lost all your wealth?" If your wealth is measured by stocks, bonds, real estate, cars, cash, private equity, jets, digital assets, etc, and your faith and standing in your world is sustained by them; then your Legacy and personal wellbeing are at significant risk.

We have observed the fear of loss in our clients. Thirty-five years has given us an unforgettable clarity and perspective. If you and your family find their identity in, and put their faith in the future being secure because of your Financial Portfolio, your Legacy will is likely become another often repeated statistic of the shirtsleeves variety.

Below are several key questions that we address during our interviews for The Foundations of Legacy

Which truly holds greater value in your life: the accumulation of financial wealth or the health, wellbeing and unity of your family?
"Where your treasure (wealth) is, that's where your heart will also be". (Christ) Where is your heart?
What is your greatest hope for your marriage, your children's futures, your Family Legacy?

The Legacy Forum™ invites UHNW families, Family Offices and Wealth Managers to begin a conversation with us in our mission of delivering Total Family Wealth Management™ solutions. Having worked with UHNW clients for over 35 years, The Legacy Forum™ is seeking closer collaboration with Family Offices and Wealth Advisors. We have seen when succession goes sideways and we know we had information that could have helped avoid the crash.

We have seen when people's lives implode, by drugs, alcohol, mental health issues, relationship failures or suicide. Just this year we know three people take their lives. One a young bright, handsome, young man with everything to live for, a fifty-five year old entrepreneur and a fifty year old mother of three. All three discovered wealth does not create happiness, hope or answers to many of life's important questions.

There is no time to waste for those who work in Wealth Management. The Great Wealth Transfer has begun and it brings numerous emergent challenges, complexities, and opportunities. We believe that our approach can significantly achieve even greater success and positive outcomes for UHNW families who know life is about far more than just a Financial Portfolio.

“Therefore everyone who hears these words of mine and puts them into practice is like a wise man who built his house on the rock. The rain came down, the streams rose, and the winds blew and beat against that house; yet it did not fall, because it had its foundation on the rock." - Jesus Christ

Mail

The Foundations of Legacy™

The Family People Office™- Built for The Few, Who Value Their Families and Their Futures

• We Are for The Few. We are exclusive because we put a high premium on what we do. We believe our work is life- changing and long-lasting. We are serious about the lives of our clients. If they can demonstrate to us, they are serious about creating an Enduring Legacy, we will then choose to give the best of who we are.

• We Maintain a Limited Number of Clients, to Provide Exceptional Work. This framework ensures that carefully selected individuals and families receive unparalleled, undivided focus. Your family is too valuable for us to overextend and jeopardize our works optimal functioning. We will not dilute the quality of relationship as Trusted Advisors.

• Your Time, Hard Work and Attention are the Foundation for Success. The most successful outcomes arise when clients are actively engaged and sincere about making necessary changes and actively pursue proposed strategies.

• We are Selling a Relationship Not a Fancy Concierge Experience. The Legacy Forum™ has rigorous requirements because we want to work with exceptional clients. The value of our work increases because we choose to work with exceptional people. The fact that you are willing to go through the interview process tells us how much you value yourself and your family.

The Foundations of Legacy™
Program and Process

Application and Interview

The Family People Office™ is our premier Signature offering. It is only possible to work with This Legacy Forum program after you have submitted an initial application and been through our interview process.

The Family People Office™ is only for families that are serious about their future and willing to work hard today to get there.

There are in truth only two essentials that make The Foundations of Legacy™ a life-changing experience.

Putting in the time it takes to build your Family Capital Portfolio™
Working hard and thoughtfully to build the portfolio.

Formal Application and Admission

The formal application.

Legacy Concierge - You will be introduced to your Legacy Concierge. They will be your touch-point throughout the process of application and program.
Biographical Information
Three personal interviews
Confidentiality Agreements
Legal Agreements
Financial Agreement and Payment

The Foundations of Legacy™

The Foundations of Legacy™ is required to participate in The Family People Office™. It is is the twelve-month program where your family with work with our Advisors and team of experts to build your Family Capital Portfolio™.

The capacity to build anything of any enduring quality, demands the foundation be strong and sound.

There are three essential parts to The Legacy Foundations™ program:

1. A-Analysis

2. I- Inventory

3. D - Direction

Foundations - Analysis of History*

(Approximately 3 months)

The history of your family is a vital part of The Family People Office™ program. Knowing who you are today and how you got here is imperative in determining future and enduring Legacy.

There are two parts to your history:

Delete - Those who refuse to learn from the negative lessons of their history, are doomed to repeat them.
Repeat - Those who choose to remember and learn from the positive lessons of their history, are destined to repeat them.

Foundations - Inventory of Human Capital* (Approximately 6 months)

Inventory of your Family Capital Portfolio™.

Your Advisors and experts, will use our proprietary Positive Forensic Profile™ to discover, identify and categorize the individual, relational and combined assets in five distinct classes.: Spiritual/Beliefs, Physical, Intellectual, Emotional and Social.

These are identified as being exceptional multi-dimensional Talent DNA™ markers. Their combined value is what constitutes your Family Capital Portfolio™.

Foundations - Direction and Strategic Investment

(Approximately 3 months)

Direction or strategic investing of your Family Capital Portfolio™ is based on the two directives of Wealth Management:

Grown the assets by Strategic Investing.
Protect the assets by Risk Mitigation.

The Family People Office's Advisors work with each individual and your family unit, to perform both those directives. They do so by leveraging Talents, Spiritual Beliefs and Faith, Values and Virtues, Character and Morality, Meaning and Purpose.

Foundations - Legacy Advisors

Legacy Advisors™ will be selected to work with your family. Their initial goal is to form and build a Trusted Advisor relationship with you and your spouse. They will direct the Foundations of Legacy program. You will work with them during retreats, on Zoom, calls, texting and email.

Our Legacy Advisors work is designed to be High-Touch and as often as possible be in-person. They are on-call at all reasonable times and for your advisory needs.

Foundations - Couple's Advisory*

Your relationship with your spouse is where the power and direction of building a Family Legacy should reside.

Your Legacy Advisors will treat your relationship with the highest priority. Some Legacy Advisors are experts in Family Systems and relationship coaching. If your Advisor believes you would profit from Couples Therapy, we have professionals we use and refer to as needed.

Foundations - UHNW Parenting Advisory*

Parenting in UHNW families can bring many challenged unique to wealth. Our Legacy Advisors regularly use experts when both performing our individuals Positive Forensic Profiling we call Life Scene Investigation™ and for children in two age groups: Ages 6-12 years and ages 13-18 years.

Advisors are trained in Wealth Psychology and parenting in UHNW families.

Foundations - Risk Mitigation and Mental Health*

Our Advisors are well versed in Wealth and UHNW Family Psychology. They are able to advise and coach in most situations.

If they believe a Mental Health Professional should be called in to assist or to perform an evaluation, we will refer you to one or more of our experts.

The Legacy Forum™ partners with a highly respected company that can provide evaluations, interventions, and perform many in-home treatment options, including medically supervised detox and rehabilitation.

We always advise families to call 911 in the USA, 999 in the UK or the emergency number in your country if you believe any family member might harm themselves or another person.

Foundations - Legacy Retreats*

The Foundations of Legacy™ program has schedule retreats at the start of the program and then in-between each major area of work. These are short 2-3 days in length.

The Legacy Forum™ can be scheduled for more intensive work with couples and families to deal with specific issues such as communication, parent/child relationship issues, succession discussions, family governance issues and Family Meetings.

Speaking with your Legacy Advisor about the length and venue, reasons for and also what you might require in terms of specialized experts.

Emergency retreats and meetings can be scheduled when families are facing a crisis or have had to deal with a specific loss or change in circumstances.

See "Forums" for more information

Bespoke Services and Programs

The Family People Office™'s signature service is constructed to mirror the traditional Family Office. The Foundations of Legacy™ is a bespoke service that is constructed to introduce you and your family to our People Office.

Working with your Advisors, going through our A.I.D. model to discover your individual and collective family assets. Those assets are your Family Capital Portfolio™.

The Family Capital Portfolio™ is what we use to strategically invest and build your family resilient, strong and with a clarity of purpose.

Many elements of The Legacy Journey™ are available as bespoke services offered by The Legacy Forum in the Socrates Advisory, Next Gen Legacy Nexus and Embark, Forums, Retreats and our Mental Health services.

“The Seven Social Sins are:
Wealth without work.
Pleasure without conscience.
Knowledge without character.
Commerce without morality.
Science without humanity.
Worship without sacrifice.
Politics without principle."

Frederick Lewis Donaldson

Mail

The Foundations of Legacy™

The Foundations of Legacy™ ​

The Family People Office™- Built for The Few, Who Value Their Families and Their Futures

The Foundations of Legacy™ Program and Process

The Foundations of Legacy™

The Foundations of Legacy™
Program and Process