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Family Inc.
Using Business Principles to Maximize Your Family's Wealth
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Family Inc.
$3799
Unit price
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Unavailable
Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?
Book Hero Magic formatted this description to make it easier to read. While it's new and
still learning, it may not be perfect - your
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Description
Actionable, 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, utilising 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 rigour, 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
- Utilise 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.
Book Details
INFORMATION
ISBN: 9781119577416
Publisher: John Wiley & Sons Inc
Format: Paperback / softback
Date Published: 05 March 2019
Country: United States
Imprint: John Wiley & Sons Inc
Audience: General / adult
DIMENSIONS
Spine width: 20.0mm
Width: 152.0mm
Height: 226.0mm
Weight: 499g
Pages: 272
About the Author
DOUGLAS P. MCCORMICK has a lifetime of experiences that provide the foundation for the framework, principles, and tools in Family Inc. As a professional investor, he has spent two decades managing money for institutional clients such as insurance companies, pension funds, entrepreneurs, and high net worth families. Unlike Wall Street money managers who seek to generate paper profits through passive investing, Doug partners with families and entrepreneurs to build and grow their businesses to create sustainable value. Holder of a BS in Economics from West Point and an MBA from Harvard, he is a cofounder and a Managing Partner at HCI Equity Partners. His motivation for writing this book started with his own challenges finding good personal finance advice as a young adult and his belief that financial literacy is one of the largest problems facing Americans today. He is optimistic this problem can be solved through awareness, education, and hard work.
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