“I need more balance in my life.” “When can I quit the big job?” If you’re a successful senior executive or partner sharing those thoughts, then you’re like many bdb clients. Directors, corporate partners and executives often come to us when they have achieved significant success but want to move on to the “next phase” of life: perhaps pursuing more personal projects or non-executive roles, improving their work-life balance or planning their retirement altogether.
This comment from one bdb client neatly encapsulates the dilemma facing many business owners and entrepreneurs. There comes a point when no matter how much you love your business and work, your life needs to change in order to become genuinely fulfilling for you and your family.
Deciding what to do with family wealth over time can be difficult for individuals and families, both in terms of the financial complexity and the enormous range of choices available to you. What’s important is making sure that your wealth supports your family’s ambitions.