Multigenerational Wealth Protection

Providence is passionate about the long-term wellbeing of you and your family.

Over the past 20 years, assisting our clients as they shift from wealth accumulation and business building to wealth preservation and transference, we have developed an understanding of the practical and emotional issues that can arise. As a part of our commitment to protecting your family’s wellbeing, we have developed a framework to assist you in creating a harmonious and structured approach to wealth management and succession/legacy.

Constant and critical for family harmony across multiple generations is to ensure transparent communication, aligned with the core family values and purpose, combined with clearly defined roles and responsibilities.

We call this The Family Charter.

A Family Charter spells out a family’s financial objectives and expectations for one another. Created by the family with the help of our experienced and objective team, a Providence Family Charter is a valuable agreement that supports the long-term growth and security of your family.

As every family has different dynamics and intentions, there is no one “one size fits all” formula for a successful family charter, Instead, we facilitate an honest, professional, and unbiased discussion to consider and understand the purpose and intent of your wealth. In doing this we discuss and plan for: management and protection of investments and business opportunities, financial support for family members, legacy intentions, the role of in-laws and the life purpose of your children.

Our educational seminars are a valuable tool for our family clients seeking to increase their knowledge of financial markets and concepts. We run these throughout the year or offer a personalised service where required.

Feedback from Family Conferences participants:

This had an immediate result in the way we respect and talk to one another. As we did this with our extended families the same goes for all who took part in this. As a result I feel so much more comfortable in who I am, who my family is, and where we are all heading.

Our family is quite a diverse group, so at the very least it was great to get some insight into how we might all get the best out of each other through adjusting our communication styles.”

The DNA program really gave me lots to think about in terms of how my experience, personality and passion might fit together for both my career and my life-path.

There is no doubt in my mind that this has been a worthwhile exercise for the entire family. At the very least, it has enabled a much better understanding of one another, and has introduced valuable techniques for communicating, not just with one another, but out there in the big wide world.

For anyone considering doing the DNA behaviour assessment I would not only recommend it but I would say this is one of those things that are not negotiable. It is a must. The results speak for themselves.

…on behalf of the whole family a bid thank you for bringing this to us in the first place.

We as a family have enormous respect for you, and this cements an ongoing strong relationship with Providence.

Our seven (children) have all commented on your level of care towards our family. I really don’t know how I am going to thank you for what you did for our family.

Thank you for your insight and ideas, your commitment, dedication and patience, your care, kindness and friendship during the whole experience.

Multigenerational Wealth Protection

Providence is passionate about the long-term wellbeing of you and your family.

Feedback from Family Conferences participants:

Sydney

Melbourne

Adelaide