RICHARD MORRIS is principal of Resource for Ownership Intelligence (ROI) Consulting, which helps family business owners grow and pass their business to subsequent generations. He is also an adjunct professor at Lake Forest Graduate School of Management. Previously, he spent many years working for the family business, Fel-Pro Inc. Morris has written articles for print media and is often quoted in the press. He received his MBA from Northwestern University.

JAYNE PEARL has been a financial journalist for almost thirty years, focusing on family business and financial parenting. She has been quoted extensively in the media. She was a senior editor at Family Business magazine, editor of a syndicated daily business public radio show, and also worked at Forbes. She has written or ghostwritten several books and written hundreds of articles.

Foreword by James E. Hughes Jr. viii

Acknowledgments xi

Introduction 1

SECTION I: Financial Choices

1 Calculating Your Family's Future 16

2 To Trust and How to Trust 38

3 Portfolio Management 59

SECTION II: Intellectual Choices

4 Financial Literacy 86

5 Skills and Experience 107

6 Goals and Purpose 130

SECTION III: Spiritual/Emotional Choices

7 Success and Happiness 146

8 Communication 160

9 Navigating the High-Net worth Environment 176

SECTION IV: Integrating Your Choices

10 The Family Glue 198

11 Pulling It Together 214

Appendixes 235

Index 263