Wealth: Grow It, Protect It, Spend It, and Share It

Decisions about wealth are much more complicated than merely making the right investments, according to Stuart Lucas in his book Wealth: Grow It, Protect It, Spend It, and Share It. As he writes:

"Over the last 25 years, I have learned that effective wealth management
has little to do with how much money you have or how you accumulated it. Effective wealth management is much more about how well you manage than it is about how much you manage. The hard lessons that I’ve learned as a financial industry insider and from managing substantial wealth for my family are the focus of this book and are applicable to anyone willing to meet the challenge of managing wealth. By sharing those lessons, using illustrations from my family’s actual experience, I’m certain that you can avoid many of the pitfalls inherent in managing your personal wealth.

"Wealth management is about more than investing, though that is an important part. Money, family, and community are invariably bound together. People pay taxes, save, spend, support philanthropic causes, and transfer wealth to their heirs. Successful wealth management involves the integrated and effective management of all these components."

"Wealth management is about more than investing. … People pay taxes, save, spend, support philanthropic causes, and transfer wealth to their heirs. Successful wealth management involves the integrated and effective management of all these components."

Wealth is written for anyone concerned about wealth creation, wealth management, families with wealth, retirement planning, and multi-generational estate management. Affluent professionals and successful entrepreneurs can use Wealth to adopt a strategic, focused, and disciplined approach to growing and diversifying their financial assets. Wealth is equally useful to wealth industry professionals who want to strengthen their relationships with clients by better serving their clients’ long-term interests.

Written from an insider's perspective, Wealth shows wealth owners how to become "wealth strategists" and:

• Generate higher, more predictable investment returns after fees and taxes.
• Identify, retain, and coordinate the right advisors and get the right advice.
• Measure their results.
• Transfer their assets to future generations intact — and their values, too.
• Make sure their children can capably manage the wealth they leave them.

Building on Stuart's industry experience, Wealth shows wealth management professionals pragmatic ways to:

• Understand, meet, and manage the comprehensive wealth management needs of clients.
• Fill the critical role of financial administrator for their clients.
• Retain clients for the long term, even across generations.

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