Helping Families and Advisors with the Complexities of Wealth

Dr. Jim Grubman of FamilyWealth Consulting is an internationally recognized consultant, speaker, and educator in the multidisciplinary field of wealth counseling. He works with affluent families and their advisors to understand the many ways that wealth and life can be integrated successfully.

Using skills developed as a psychologist for over 30 years, he helps individuals and families work through the natural dilemmas of acquired or inherited wealth. He also teaches, trains, and collaborates with the important advisors in clients` lives. The goal - to help those with good fortune achieve their greatest potential.

 

Strangers in Paradise: How Families Adapt to Wealth Across Generations

Jim Grubman's long-awaited publication Strangers in Paradise: How Families Adapt To Wealth Across Generations is now available at Amazon.com. Based upon the groundbreaking insights first outlined with colleague Dr. Dennis Jaffe, the book explores in depth the similarities between newcomers to wealth and the journeys of ethnic immigrants to new lands. It also outlines the important steps families must take in raising well-balanced, responsible, and strong inheritors (“natives of the Land of Wealth”). Through concepts and human stories, the book explains how the key process for families of wealth – like all immigrant families – is adaptation. 

 

       Strangers in Paradise kindle

 

Family Wealth Report: Editor's Choice

Wealth management industry expert Joseph Reilly Jr. interviewed Jim Grubman in an exclusive Q&A about Jim's new book: Strangers in Paradise: How Families Adapt to Wealth Across Generations

Current Activities

Working With the Cultural Model of Wealth: An Advanced Training Opportunity for Advisors

In response to many requests for training about the “Immigrants and Natives” concepts, Jim Grubman will be providing a day-long workshop on July 30, 2014 in conjunction with the 4th annual Rendezvous of the Purposeful Planning Institute (PPI) see registration link here. The workshop is designed for experienced Financial Advisors, Wealth Managers, Attorneys and other professionals who work with Ultra-High-Net-Worth families. Registrants should already have experience in working with multi-generational families with at least $25 million in investable assets. For further information on this advanced training opportunity please contact Susan Eckstrom at susan@jamesgrubman.com or 413-775-0557. 

Jim Grubman Nominated for Thought Leadership Award

Family Wealth Report, a leading wealth management industry news source, honored Jim with a nomination for their inaugural Family Wealth Report Award in the category of Outstanding Contribution to Wealth Management Thought Leadership. Jim Grubman of FamilyWealth Consulting was the only solo professional on the short list of nominations. 

Jim Grubman Quoted in Latest Malcolm Gladwell Book

Malcom Gladwell's best-selling book David and Goliath: Underdogs, Misfits, and the Art of Battling Giants cites the metaphor of "Immigrants and Natives" to wealth first articulated by Jim Grubman and Dennis Jaffe. Gladwell's book quotes Jim about how acquirers of wealth must change their approach to parenting, and how difficult that can be without guidance. The book provides examples of how starting off in adversity helps wealth creation, and how being raised with the comforts of wealth can inhibit success for some inheritors.

The book also discussed other seeming disadvantages like dyslexia which can - for some highly motivated individuals - create conditions that develop skills for success. For a deeper look at the beneifts and challenges of ADHD and learning disorders for entrepreneurs, read the article Whirlwinds and Wealth by Jim Grubman and Jerome Schultz.

Strangers in Paradise Receiving Highly Favorable Reviews and Blog Comments from Experts

Families and advisors are finding Strangers in Paradise to be highly enlightening and readable. Reviews on Amazon are consistently very positive. Two thoughtful blog posts from esteemed colleagues in wealth counseling - Myra Salzer and Barbara Blouin - emphasize the utility of the concepts in the book as well as the human stories that make the concepts come alive. See the blog post by Myra Salzer of The Wealth Conservancy here and the blog by Barbara Blouin of The Inheritance Project here.

 

Upcoming Events and Media

Abbot Downing Client Event
August 14-15, 2014
 
Jim will present the keynote address at the Abbot Downing annual client forum as well as panel participation with other prominent experts in the field.
 

Purposeful Planning Institute

Pre-Conference Workshop for Advisors

July 30, 2014
 
Jim will do an all day workshop on using the cultural model of wealth with clients at the PPI Rendezvous.
 

AFP/CAGP-KAIZEN Conference
May 28, 2014
 
Jim will deliver the keynote address at the 2014 conference in Winnipeg, Manitoba, for fundraising, gift-planning, and financial advisory professionals.
 

Financial Advisor IQ
May 19, 2014
 
Jim advises Ways to Get Your Clients Talking in Financial Advisor IQ, a Financial Times service.


Client Events in Asia
May 17-23, 2014
 
Jim presented in Hong Kong and Singapore for a major financial institution on the concepts from his latest book.
 

Northwood Family Office Client Event
Week of May 5, 2014
 
Jim returned for an additional private client event with one of Canada’s premier MFOs.
 
March 13, 2014
 
Jim and Dennis Jaffe, Ph.D co-presented at another TIGER21 special event. This was Jim's 3rd appearance before the New York City group.
 

NYC Book Signing a Success
March 12, 2014
 
Evercore Wealth Management graciously sponsored a gathering where Jim signed copies of his book. Dennis Jaffe Ph.D and Abby Raphel of The Redwoods Initiative also shared comments and resource materials.
 
March 2, 2014
 
Jim led 2 lively sessions on family dynamics at this prestige event for global families and family offices.
 

Family Office Exchange (FOX) Webinar
February 12, 2014
 
Jim presented the concepts outlined in Strangers in Paradise for a well-subscribed webinar for the Family Office Exchange, including parenting challenges for families adapting to wealth. FOX later announced it was the most highly rated of any webinar presented to date.