A FRAMEWORK FOR MANAGING CONCENTRATED WEALTH

Stuart Lucas
Journal of Wealth Management

Discusses the management of large, concentrated business holdings controlled by individuals and families. Concentrated positions of this type have many financial and familial benefits that may justify retaining them for decades, even generations.

CHOOSING YOUR ESTATE ATTORNEY

Stuart Lucas and Josh Kanter
Family Wealth Report

This two-part article provides a roadmap for making the right choice of an estate planning attorney, including asking the right questions. A well-designed process will yield insights into your business, financial and cultural aspirations for your family enterprise.

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THINK LIKE A PRIVATE EQUITY OWNER… SOMETIMES

Rodney Goldstein and Susan Lucas
Family Business Magazine

This article discusses the private equity disciplines that can help to build on the inherent strengths of a family business, and how such processes can be tailored to the advantage of family-owned companies.

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MULTIGENERATIONAL FIRMS SHOULD AVOID CULTURE AND BUSINESS “CONFLATION”

Rodney Goldstein
Family Business Magazine

This essay discusses how families can mitigate the challenges of balancing a family-owned business’s cultural and values requirements with its business objectives.

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CAPITAL ALLOCATION IN COMPLEX FAMILY ENTERPRISES

Parametric Portfolio Associates ® LLC

A wide-ranging interview on capital allocation, governance, estate planning, and ESG in family enterprises. Stuart Lucas was joined in this interview panel by two seasoned family office executives.

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A CONVERSATION WITH STUART LUCAS

The Skorina Letter

What are the advantages, pitfalls, and strategies for building an effective family office? How can a family know whether they need a family office? How can it maximize its value for the benefit of its owners? How can a family bring rigor, discipline, and accountability to their family office, to safeguard and grow their assets and reinforce their culture and values? Stuart Lucas addresses these questions.

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THE INVESTORS FIRST PODCAST: TAX ALPHA AMID A CHANGING TAX REGIME

Why do investors typically treat taxes as an afterthought? Listen to Stuart Lucas and Steve Curly, whose conversation focuses on Stuart Lucas’s book The Taxable Investors’ Manifesto.

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THE 50% RULE
PICK YOUR BATTLES

Stuart Lucas and Alejandro Sanz
Journal of Wealth Management

These articles are best read as a pair, providing a deep, accessible dive into the math of why taxable investors need to think differently.

Download The 50% Rule PDF » Download Pick Your Battles PDF »

THE NEW G4 CEO

Family Business Magazine

This article describes a G3 to G4 governance transition, during which a WSP partner served as a 10+ year board member and created and chaired its initial Governance Committee. Over three years, this family and its board have elevated a G4 member to CEO of the family-owned global manufacturing company; transitioned the G3 CEO to Chairman; created a board Governance Committee; transitioned its operating company board of directors and its membership to serve the G4 CEO and the company’s next era; evolved family governance from G3 to G4; separated assets and governance of the operating company from other family concerns; and structured its family office and family foundation with G4 leaders. The Board’s work was recognized by Family Business Magazine, who named the McLean-Fogg board one of its three top performing fiduciary boards of 2020.

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