Updated
Updated · InvestmentNews · Jul 12
Activest Launches Family Governance Program for Ultra-Wealthy Families, Targeting Succession Across 3 Generations
Updated
Updated · InvestmentNews · Jul 12

Activest Launches Family Governance Program for Ultra-Wealthy Families, Targeting Succession Across 3 Generations

1 articles · Updated · InvestmentNews · Jul 12

Summary

  • Activest last week rolled out a Family Office Governance Program for ultra-high-net-worth families, formalizing advice on succession, communication and next-generation leadership beyond traditional investment management.
  • Dennis T. Jaffe helped shape the program, which combines facilitated family meetings, governance frameworks, multigenerational education, succession planning and legacy discussions under one advisory structure.
  • An initial group of families has already completed planning sessions and guided talks, using the process to align decisions on shared assets, advisor relationships and investment oversight.
  • Florida-based Activest said the offering is tailored to each family rather than a fixed template, reflecting a broader wealth-management shift toward helping families preserve culture, purpose and long-term continuity.

Insights

With 90% of family fortunes lost by the third generation, can paid programs truly fix family dynamics?
As advisors become family therapists, where is the line between financial guidance and psychological intervention?