Managing a family’s wealth from generation to generation is full of perils. Just ask heiress Frances Stroh of the Stroh’s Brewery family: they made and lost their fortune in the infamous shirtsleeves-to-shirtsleeves-in-three-generations cycle.
On this episode of The Morgan Stanley Private Wealth Management podcast we hear Ms. Stroh’s story and discuss the difficulties of maintaining intergenerational wealth with Glenn Kurlander, Managing Director and Head of Family Governance and Wealth Education at Morgan Stanley. It’s an in-depth examination of the common mistakes families make when managing their wealth and how best to avoid them.
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The narrator of this episode is an employee of Pineapple Street Media. The guest speaker is neither an employee nor affiliated with Morgan Stanley Smith Barney LLC. (“Morgan Stanley”). The views and opinions expressed herein do not necessarily reflect those of Morgan Stanley. The information and figures contained herein has been obtained from sources outside of Morgan Stanley and Morgan Stanley makes no representations or guarantees as to the accuracy or completeness of information or data from sources outside of Morgan Stanley. Morgan Stanley is not responsible for the information or data contained in this podcast.
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CRC 1959388 12/2017