Press Coverage: Wealth Strategist Partners
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Risk and Reward in Asia: A Family Office's Experience
By Bee Ong in Investment & Pensions Asia
October 2, 2009
Stuart Lucas's family portfolio has been increasingly weighted toward Asian alternative assets over the past 11 years. Now, as the region gains relative vigor, the portfolio's Asian component may be further augmented. Also see accompanying article, "Preserving Multi-generational Begins with Values", in which IPA presents key lessons learned from the Stuart family office, where five generations have benefitted from the Carnation fortune.
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About to Sell the Family Business? 5 Points to Ponder
By Stuart Lucas in STORM Magazine
October 1, 2009
Why is an American who has spent over a quarter century managing financial assets for his family cautioning you against selling your family business - even as the global economy looks poised for recovery? Read why Stuart Lucas cautions you to think twice before selling your business.
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Advice for the Adviser
By Stuart Lucas in Wealth Magazine
October 2, 2008
Private banks need to earn wealthy clients trust by being more accountable and transparent. Otherwise, a newly risen clan of independent financial advisers might just steal the fireworks.
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Hey, Big Spender
By Sara Aase in Hemisphere Magazine
October 1, 2008
It takes more than a higher income to end up truly wealthy. While most people earn and spend, the wealthy earn, save and invest.
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Tiger 21 and IPI Cultivate Wealth- For Profit
By Charles Paikert in Investment News | HighBeam Research
July 21, 2008
How's this for a business model: invite really, really rich people to join an exclusive club, charge them not inconsiderable fees, and encourage them to share concerns and investment ideas.
That is the concept behind the peer-to-peer networking groups Tiger 21 LLC and the Institute for Private Investors, and the for-profit enterprises are doing very well, thank you.
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10 Questions with Stuart Lucas on Wealth
By Shelly Lee in Journal of Practical Estate Planning
March 1, 2007
Shelly interviews Stuart Lucas on being wealthy, sharing wealth, and the value of simplicity in wealth management.
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Overcoming Entropy
From Worth
August 1, 2006
Stuart Lucas describes how the ties that bound the Carnation heirs were severed when their family business was sold -- until they devised a common wealth strategy. In finding common ground, their family is now stronger and their wealth has more meaning.
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National Post - Canada
From National Post - Canada
May 15, 2006
Lucas provides insights into the upper echelons of society few other writers can provide. “The principles make sense,” says Sue Debarno, president of Richardson partners Financial Ltd., a wealth management firm that focuses on intergenerational wealth. By the end of Wealth's 350 pages, we ordinary folk may even come to better appreciate the wealthy in our midst. Those who aspire to advise them should not fail to acquaint themselves with the concepts so well articulated here.
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Better Investing
From Better Investing
April 5, 2006
Although Wealth is filled with financial advice any investor can benefit from, Lucas discusses lessons he has learned from his family's experience with wealth to enliven what could otherwise be a flat, uninspiring subject. That pinch of seasoning makes what's already an enticing meal that much more appealing.
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Wealth Manager
From Wealth Manager
March 31, 2006
Lucas has learned a thing or two over the years when it comes to wealth management. He holds an exceptional perspective that springs from being both a consumer and provider of wealth management services.
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Quick Read
From Newsweek
March 19, 2006
Congratulations! You've just come into some cash. But what to do next? With $1 trillion per year expected to pass from one generation of Americans to another over the next decade, it's a question more people than ever are facing. Writing from the perspective of one who has managed wealth for clients, as well as received it (he's an heir of Carnation Foods' founder), Lucas shows step by step how to set investment goals that match your needs and values, pick the right advisers, manage taxes and avoid the pitfalls that shrink fortunes and fracture relationships.
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How to beat the Midas curse
From National Post - Canada
March 12, 2006
“It actually is more difficult to retain wealth than it is to make it in the first place,” says Lucas. “If you want to retain your wealth, the work has only just begun.” In his extended family, he explains, “We do things that involve delayed gratification, or living below one's means.” Says Lucas, “The expression and management and passing on of values is much more important than the passing on of wealth. If you pass them on together, you've created something powerful for the individual, the family, and for society. That's true whether you're worth $100 or $100 million.”
