How to Know You're Achieving Wealth Success

You’ve heard it before, a little prevention goes a long way. It might be easier said than done but this axiom is true in the simple and in the more complicated areas of life.

For instance, since preparation has a direct impact on results, you routinely change the oil in your car and you replace the filter in your HVAC.

Each of these preparations protects underlying value. Each requires time. If your car or your HVAC breaks down prematurely, it is probably because you took a chance - you didn’t take the time to prepare and paid a small price.

It’s the same with your wealth. Preparation and continuous review determine the ultimate outcome of how you will be remembered. And financially, preparation has a direct impact on the results of your future wealth. However, mistakes in this area of life can be expensive and painful for your family.

Preparing heirs will ensure successful wealth achievement while encouraging future generations to thrive.

You’re only as successful as your successor

You have worked hard, and you’ve built wealth. But have you considered how it will play out in the future?

If continuity within your family is one of your objectives, then the rising generation hold the keys to your legacy.  Achieving wealth, therefore, hinges on the success of your successors. And preparedness becomes a top priority, paramount to your legacy.

You already may be aware that 80% of family wealth is mismanaged, squandered, or lost by the second generation.

If you are planning on your wealth surviving future generations, it’s important to begin preparing now.

Family Capital Management

Wealth Success has two dimensions: relationships and resources. When combined, they form a completed legacy. This combination allows your family to thrive for generations.

Wealth is more than just money. It is about you, your family, and family objectives. At Prosperis, we call that Family Capital.

Our signature service, Family Capital Management, helps ensure family members are prepared. The focus is exclusively on balancing relationships and resources. That is the key to knowing you are achieving wealth.

Strong Family Capital + Solid Financial Capital = Wealth Success

We encourage and help position your Family Capital at the center of building Wealth Success.

Family Capital:

•    Provides an interactive balance between your relationships and resources, allowing your resources to serve your family and future generations. 

•    Provides a holistic approach to understanding your true wealth. Family Capital focuses on “ROF” or Return on Family. ROF measures individual core values and the objectives of all family members.

Return on investment (ROI) is a financial concept, measuring the profitability of your investments. The focus of ROI is using leverage to gain a certain financial objective – to strengthen your balance sheet. 

Return on Family (ROF) is a kindred concept, measuring inclusion and relational connectedness. The focus of ROF is using thoughtful planning and execution to achieve your legacy objective - to strengthen your family now and in the future.

Wealth Success = Thriving Relationships + Productive Resources

For inspiration

Family Capital encourages future generations to appreciate and admire the footprint you leave behind. At the same time, appreciation and admiration provide the opportunity to inspire future generations. Prosperis uniquely provides Family Capital so people closest to you have the best chance to thrive.

Preparing heirs for the future is one of the more complicated aspects of your life.

Take heart. Prosperis is here to help. In fact, it is our passion: Our only goal is your Wealth Success.