000 05612nam a2200361Ia 4500
001 2461
008 230305s2016 xx 000 0 und d
020 _a9781119577416
040 _ctbs
041 _aeng
043 _aen_UK
245 0 _aFamily Inc.
260 _bWiley,
_c2016
300 _axviii, 251 pages : color illustrations ; 24 cm
500 _ausing business principles to maximize your family's wealth
505 _aSection I Every Family Needs a Chief Financial Officer 1
_rChapter 1 Why Do I Need a CFO? I Don't Even Own a Business 3--
_r--
_rSection II Maximize the Value of Your Single Biggest Asset-Your Labor 17--
_rChapter 2 Double the Value of Your Labor through Education 19--
_rChapter 3 Make Career Choices That Extend Your Possibilities 29--
_rChapter 4 Think Like an Investor When Making Career Decisions 33--
_rChapter 5 Don't Overlook Retirement Benefits Just Because They're Not Imminent 45--
_rChapter 6 Complement Your Career Decisions with Insurance 49--
_r--
_rSection III Manage Your Assets Like a CFO Manages a Business 55--
_rChapter 7 Your Financial Assets Serve Many Functions in Your Family Business 57--
_rChapter 8 Diversify Your Family Business with the Right Investments 61--
_rChapter 9 Define the Right Goals for Your Asset Management Business 75--
_rChapter 10 Use History to Make Reasonable Investment Assumptions 81--
_rChapter 11 Safeguard Your Assets from the Main Risks 97--
_rChapter 12 Not All Debt Is Bad! Use Debt to Purchase Assets and Maximize Your Liquidity 101--
_rChapter 13 Which Is Better, Active or Passive Investment Management? It Depends. . . . 105--
_rChapter 14 Use Indexing for Your Low-Cost Investment Portfolio 113--
_rChapter 15 Understand When It Makes Sense to Pick Individual Stocks and Managers 117--
_rChapter 16 The CFO's Step-by-Step Guide to Building the Family Investment Program 125--
_rChapter 17 Know Yourself-Understand the Psychological Factors That Can Torpedo Your Goals 131--
_rChapter 18 Don't Sweat the Details of Your Asset Management Business 135--
_r--
_rSection IV Family Inc. Does Not Manage Itself 139--
_rChapter 19 Create Tools and a Reporting Dashboard for Managing Family Inc. 141--
_r--
_rSection V Manage Your Family Endowment in Retirement 165--
_rChapter 20 Understand How Your Family Business Changes in Retirement 167--
_rChapter 21 Sleep Well-Protect Your Retirement through Insurance 169--
_rChapter 22 What's Your Number? Determine When and How Much You Can Afford to Spend in Retirement 179--
_r--
_rSection VI Avoid the Rat Race-Change the Game by Changing the Rules 201--
_rChapter 23 Pay Yourself What You're Worth through Entrepreneurship 203--
_rChapter 24 Jump-Start Your Heirs' Financial Security 209--
_rChapter 25 Develop a Succession Plan to Groom Your Replacement(s) 213--
_rChapter 26 Develop and Manage Your Estate or Uncle Sam Will 217--
_rChapter 27 Maximize Your Charitable Legacy 221--
_r--
_rSection VII A Call to Action 225--
_rChapter 28 "But It's Different This Time. . . ." 227--
_rChapter 29 Put Down the Book-Just Do It! 229--
_r--
_rAppendix: How to Calculate Expected Lifetime Labor Value 231--
_rGlossary 233--
_rNotes 237--
_r--
_r--
520 _aActionable, intelligent CFO training for the Chief Family Financial Officer ; Family Inc. is a roadmap to financial security for the family CFO. Too much personal wealth management advice essentially boils down to goal-setting, which isn't helpful or effective in terms of overall financial planning. This book takes a different track, giving you a crash course in corporate finance and the tools to apply the field's proven, time-tested principles in the context of your family's financial situation. You'll learn the key principles of wealth creation and management, and learn how to make your intellectual and real capital work for you. Your family situation is unique, and your principles must sometimes differ from the standard financial advice-and that's okay. Life is not a template, and even the best strategy must be able to adapt to real-life situations. You'll learn to chart your own path to financial security, utilizing the author's own tools that he developed over 15 years as an active board member, chairman of the board, or chief financial officer of multiple companies. ; ; Oversimplified wealth management advice does not leave you equipped to manage your real-world finances. This guide is written with intellectual rigor, but in the language of family discussion, to give you a real, practical guide to being an effective family CFO. ; ; Create your own financial prosperity and security ; Align financial acumen with your family's specific situation ; Adapt to real-world situations and make your financial advisor work for you ; Utilize powerful financial tools to help you build financial independence ; Every family needs a CFO to manage wealth, and the principles of corporate finance apply from the boardroom to the living room. Family Inc. delivers actionable advice in the form of CFO training to help you plot a real-world family financial plan.
590 _bIncludes bibliographical references and index.
650 0 _aFinance, Personal
_910893
650 _aFamilies
_910894
650 _aWealth
_97119
650 _aFinancial security
_910895
650 0 _aBusiness
_94291
650 _aBUSINESS & ECONOMICS / Wealth Management
_910896
650 _aBUSINESS Personal Money Management
_910897
650 0 _aFinance
_93911
700 _aMcCormick, Douglas P.
_eAuthor
902 _a524
905 _am
911 _ahttps://biblioteca.tbs-education.es/portadas/9781119577416.jpg
942 _a1
_2ddc
999 _c2381
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