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. PEOPLE who are members of Ultra-High-Net-Worth Families. PEOPLE who together as a family equal the Family 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, there are direct corelations that affect the strength and success of the Family Office. 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.
There are two ever-present sources of fear that exist in the Wealth Management.
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Families fear the loss of their wealth.
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Family Offices and Wealth Managers fear the demise in the families they serve.
A primary issue like Succession Management is profoundly affected by problems of character, entitlement, failure to launch, weak parenting, lack of self-identity, 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 only 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.
If you as parents are trusting your Financial Wealth solely to the financial education of your children, you might be preparing them for "the greatest destruction of both human and financial capital in human history". The importance of beliefs, values, virtues, faith, character and a well-defined sense of purpose is well advised to be your primary focus as parents and as a family. If it is not, there is a very high likelihood of turmoil and distress ahead.
The Family PEOPLE Office™" is here to help you prepare your children for a great future where their Human Capital can be identified and deployed to serve others and build successful lives. We have experts in Wealth Psychology, Values Bases Parenting and Virtues, the integration of values into personal actions. Wealth without Virtues devalues PEOPLE in proportion to it's growth, and ends at a place where everything means nothing
As goes the family, so goes the Family Office. There is much serious work to do!
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.
We believe those Family Offices and Wealth Managers who choose to collaborate with The Family PEOPLE Office™", will have a distinct advantage in the industry and the admiration and gratitude of their families.
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 their Human Capital assets. These include: Spiritual/Beliefs, Physical, Intellectual, Emotional and Social. These assets are complex, multi-dimensional and all inter-connected. The more evidence our Advisors have on the potential optimal performance of each of these assets, the greater their ability to Advise and develop 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 utilize our proprietary, Positive Forensic Profile™, 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, and 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. The purpose of data or evidence is to predict likely future realities. The better evidence we have, the more accurately we can predict likely futures. Our mission is for an Enduring Legacy for your family!
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 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 PEOPLE of the family. That is outside of their professional purview.
The Family People Office™ is NOT a financial firm. We do NOT offer financial advice. PEOPLE are our business and we are experts in building and protecting their: Spiritual Capital, Physical Capital, Intellectual Capital, Emotional Capital and Social Capital.
The Family PEOPLE Office™ invites Family Offices, Wealth Managers and UHNW families to come and engage with us as we innovate and 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 at some point in the future. 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. The Advisors and experts of The Family PEOPLE Office™" are here to help you do just that!
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 (To the right) 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. These are three of our Forums:
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The Foundations of Legacy™ - This is our Signature PEOPLE and family Forum. It has been developed and refined over the 35 years we have worked with UHNW families. 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 thoughtfully and expertly 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, service, character, belief, self-giving, philanthropy, inter-generational communication, mindset, gratitude and grit. These essential characteristics are part of the immense value we bring to UHNW families, 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 and the prime season only 4-5 months. 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. You and a Senior Legacy Advisor.
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, from the very young to the very old. 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!
Call (425) 492-4300 or (214) 704-8284 or 9-1-1 (US) 9-9-9 (UK) or your country's emergency system in any and every emergency.
"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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