Portfolio Advisors, Inc.’s Post

There is a lot of admire about MacKenzie Scott’s approach to #philanthropy - it centers grantee partners, operates from a place of trust and has provided an enormous boost to countless organizations doing critical work. Her latest announcement, however, cemented her status as ‘best in class’ changemaker in my book by specifically naming the way her assets are invested: “When I make gifts, rather than withdrawing funds from a bank account, or from a stock portfolio that increases the wealth and influence of leaders who already have it, I’d like to withdraw them from a portfolio of investments in mission-aligned ventures, with leaders from the populations they are serving, or from generally undercapitalized groups like women and people of color. In this way, the money can help address these issues twice, first by advancing economic mobility and unlocking the innovation and social benefit that comes from incorporating diverse needs and perspectives in the world being constructed around us, and next in the hands of experienced non-profit teams creating value through their transformative models of care and change.” 💪💪💪 https://lnkd.in/eBpMR-9u

Documenting Family Histories and Preserving Powerful Legacies 👪 🏆 Documenting family histories and preserving powerful legacies is a meaningful endeavor that connects generations and imparts wisdom. Here are some essential insights: What should you know ❓ Preserving your family legacy goes beyond honoring ancestors; it lays the foundation for future generations. By understanding your family's history, you gain insights into their challenges and successes. This knowledge serves as inspiration and guidance for your own journey. Why should you know❓ Passing down cherished values and traditions provides a moral compass and identity for your descendants. In today's fragmented world, preserving your family heritage fosters a sense of belonging and community. How does it work ⚙️ One crucial method is documenting family stories: ● Oral Histories: Interview older family members to capture their memories and experiences. Record these conversations to preserve their unique perspectives. ● Written Memoirs: Encourage family members to write about their lives, memories, and lessons learned. These personal narratives provide invaluable insights. ● Video Recordings: Create video interviews or family documentaries. Visual storytelling adds depth and emotion to your family's legacy. 👉🏻 What to do next: Remember, each story contributes to a rich tapestry that future generations can learn from and cherish. 🌟 Feel free to explore your family's history and share it with loved ones—it's a gift that keeps on giving! 📜🌿 > Watch UBS TRENDING – PRESERVING A FAMILY’S LEGACY below. > Curious about learning more? Send me a message. Let’s have a conversation in the comments. Investment theme: #aging #familyhistory #familylegacy #FinancialPlanning #inheritance #investing #businessowners #money #QuarantaWealthPartners PS: Did you know regarding The Rockefeller Family - dating back to John D. Rockefeller, this family's wealth spans generations. However, their commitment to philanthropy sets them apart. By giving back to society, they've created a legacy that transcends financial success.

Is it important for the next generation of family business members to get experience outside of the family firm before joining it. Check out the findings of our Global Family Business Think Tank contributors and see what some of he world's leading experts in the field had to say too. https://lnkd.in/e2qWQkng

As we enter November and the Thanksgiving season, it’s a natural time to reflect on family, gratitude, and the legacies we’re building. At Stevens Capital Partners, we understand that for high-net-worth families, effective family governance is essential—not only for managing wealth but for fostering unity and ensuring that shared values are passed down through generations. 𝗛𝗲𝗿𝗲’𝘀 𝘄𝗵𝘆 𝗳𝗮𝗺𝗶𝗹𝘆 𝗴𝗼𝘃𝗲𝗿𝗻𝗮𝗻𝗰𝗲 𝗶𝘀 𝘀𝗼 𝗿𝗲𝗹𝗲𝘃𝗮𝗻𝘁 𝘁𝗵𝗶𝘀 𝘁𝗶𝗺𝗲 𝗼𝗳 𝘆𝗲𝗮𝗿: 𝗛𝗮𝗿𝗺𝗼𝗻𝗶𝘇𝗶𝗻𝗴 𝗜𝗻𝘁𝗲𝗿𝗲𝘀𝘁𝘀: Structured decision-making promotes unity and prevents conflicts during important conversations, helping families focus on their core values. 𝗦𝗲𝗮𝗺𝗹𝗲𝘀𝘀 𝗪𝗲𝗮𝗹𝘁𝗵 𝗧𝗿𝗮𝗻𝘀𝗶𝘁𝗶𝗼𝗻: Clear guidelines make wealth transfer smooth and efficient, so families can concentrate on what truly matters—each other. 𝗔𝗹𝗶𝗴𝗻𝗶𝗻𝗴 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗚𝗼𝗮𝗹𝘀 𝗮𝗻𝗱 𝗩𝗮𝗹𝘂𝗲𝘀: Regular, open communication aligns financial goals with core values, allowing a legacy of gratitude, generosity, and purpose to continue across generations. As you gather with loved ones this Thanksgiving, consider how family governance can protect both your wealth and relationships. Our team at Stevens Capital Partners is dedicated to guiding high-net-worth families in preserving and growing their legacies with tailored financial strategies and expertise. Ready to strengthen your family’s future? https://lnkd.in/gP8BMbYy #FamilyGovernance #WealthManagement #LegacyBuilding #Thanksgiving

What's the perception of family business? Is it Tommy Boy, Succession, somewhere in-between? Small? Large? Community pillar? Values-forward? Sustainable? Innovative? Dysfunctional? Trustworthy? Please help this family business with their survey and share what comes to mind when you think of family business.

A legacy is more than wealth. At UBS Zeitz Cohen Group, we recognize that a legacy isn't only about passing on wealth to the next generation. It can include a rich tradition of family stories, principles and values that if not passed on, risk being lost over generations. Family stories and history can also help create family cohesion, alignment, perspective, and gratitude. Learn more about the important role life stories and family histories can play in family meetings and beyond.

☀ Summer is the perfect time to plan and prepare for any future fundraising you might need to do. Earlier this year, Beata Klein shared her tips & tricks for running the process, including a template for managing investor outreach. Check it out in the comments below 👇 Thanks again to Max Linden (lemon.markets), Nicolas Benady (Swan), Juraj Masar (Better Stack) and Casper H Rasmussen (Monta) for their suggestions and advice.

Justice Funders is excited to partner with our longtime co-conspirator, Gerald Mitchell, for the dynamic, one-time offering, Intro to Somatics of Money! This offering is for all funders, investors, and resource mobilizers interested in reimagining and embodying a transformative relationship to money—one that is heart-centered, grounded in spirit, and allows us to collectively live in right relationship with ourselves, other beings, and the earth. Together, through guided meditation, discussions, and somatic practices, we will explore our feelings, emotions, and definitions related to money. We will better understand where they originate for us individually and collectively, how they impact us personally and professionally, and begin to tap our imagination to see beyond restrictive notions and extractive cycles, so that we may center people and planet over money, and move towards a Just Transition. *Please note that this offering is scheduled for the afternoon/evening, so participants don't schedule major events/meetings after the workshop to rest and recover. Registration Deadline: June 10, 2024 RSVP NOW: https://lnkd.in/eTw2PaBH

Here’s our vision for the next 5 years of our family business: Family businesses are more than just companies—they’re legacies. They pass down the values, morals, and traditions that shape not only the next generation but also the communities around us. Growing up in a family business, I’ve learned this firsthand. Each generation has added their own chapter, but one thing has always remained true: the importance of building something that not only thrives but gives back. As we look ahead, our mission is clear: → Grow:  We’ll continue expanding our reach, creating more opportunities for our team and community. → Build: We’ll invest in our people, ensuring our values—integrity, hard work, and respect—are at the core of everything we do. → Give Back: We’ll stay committed to serving the community that has supported us for generations. Family businesses have a unique responsibility, and we’re proud to carry that forward. Here's to the next 5 years of growing, building, and giving back—together. #BusinessGrowth #CommunityImpact #FamilyValues

These five children are future world-changers. Because our families have vision… 🌳 …for our family trees, committed to planting ones that are less about the past and more about the future we’re intentionally creating… 🤝 …for our relationships, knowing relational health (beginning in the family) is the foundation of care for our physical, mental, and emotional health… 🌅 …for our impact, creating a family culture of interdependence that means, “I serve us, so we can serve others.” That’s what I envisioned as I watched these five dear friends work together to raise a sail along the coast of Maine last week. Because of the work our families are doing together, our children are not coasting aimlessly. Instead, they’re embracing the power of relationships, connection, and collaboration. They’re setting the sails, charting the course, creating the future. Sadly, so many families are coasting, not having the support they need to raise the sail that is a clear and powerful vision - rooted in who you uniquely are, individually and collectively. Renala is out to change that. Your family doesn’t have to coast. The future of your family does not have to repeat the cycle of the past. And you don’t have to do it alone. Let’s work together to raise the sails of vision so you can have the impact you long for in your family - and your leadership in every sphere of your life. ⬇️⬇️⬇️ I’m launching a new online community in the next few weeks called The Family Circle to help more families step into a powerful vision. Drop a YES below if you want to stay in the loop! 📽: Co-creating life, family + business with Harris III & Kate Harris!