Institute for Family Culture
Managing Wealth's Impact to Achieve Your Goals
Family culture provides a distinctive and multifaceted foundation for considering wealth in its fullest context. A clear understanding of family history, values, strengths, and interests, coupled with intentional and well-informed plans, plays an important role in stewarding unique wealth and building a meaningful legacy.
The Abbot Downing Institute for Family Culture provides strategic advice to individuals, couples, and multigenerational families—as well as family offices, foundations, and endowments. Our holistic approach addresses education and preparation of the rising generation, best practices to enhance communication, and effective decision-making around shared family interests.
A clear understanding of family history, values, strengths and interests, coupled with intentional and well-informed plans, plays an important role in stewarding unique wealth and building a meaningful legacy.
The Abbot Downing Difference
Our highly experienced consulting team is staffed with PhD-level and other advanced-degree professionals with backgrounds in education, psychology, history, and business. The team uses certified coaching techniques and practical assessment tools to explore your family’s needs.
Ultra-high-net-worth clients have sophisticated needs and unique priorities related to business interests, multigenerational stakeholders, and family philanthropy. We help guide you through succession planning, family and social impact, managing business transitions or sales, and a full range of family dynamics and governance matters to foster family alignment and promote multigenerational success.
THOUGHT LEADERSHIP AND INNOVATION
Abbot Downing collaborates with renowned academic institutions to design client events and educational opportunities which bring innovative ideas and leading-edge solutions directly to our clients.
As a basis for the long-term and multifaceted work we do with families, we often begin with our Family Insights process. In this process, we conduct confidential one-on-one interviews with adult family members to understand individual values and strengths, perspectives on opportunities and risks, and unique questions and concerns related to wealth and its impact. We take the themes that come from these interviews and capture them in a written 360-degree view of core values, strengths, and opportunities, along with our initial recommendations. Family Insights helps to clarify the key top-of-mind concerns related to family priorities, and creates a starting point from which specific communication, education, and governance plans can be developed.
The Institute for Family Culture takes a multidimensional approach to family wealth, offering four centers of excellence, each with a distinct focus and set of capabilities.