Tracking Direct Investments

Jason ShrenskyBusiness Ownership, Stewardship

Ever increasing in popularity as an asset category and a common characteristic among families with complex wealth is direct investments in operating businesses and real estate ventures. While this investment class affords families the opportunity to achieve risk and return profiles differentiated from traditional investments, it also creates an administrative burden that one would not encounter with a traditional stock … Read More

Business Ownership comes in three flavors

Jason ShrenskyBusiness Ownership, Stewardship

Typically, the main factor that drives a family to pursue a formal wealth¬†stewardship plan is the complexity associated with the family’s ownership interest in private business entities. At first glance, the complexity is not obvious. Why is owning equity (shares, stock, membership interests, etc.) in a private business any different or more complex than owning a house or a car? … Read More