Building great wealth is enormously difficult. But maintaining that wealth across the generations is an even greater challenge. In The Stewardship of Wealth, Gregory Curtis outlines the investment secrets of the world’s wealthiest families. These "best investment practices" for taxable investors represent the only certain way to preserve and grow private capital in the face of taxes, inflation, investment costs, and the conflicts of interest that are endemic in the financial advisory business.Managing capital successfully is naturally important to wealthy families themselves. But Curtis argues that the role of wealth goes far beyond private advantage. Wealthy families, says Curtis, lie at the very heart of American distinctiveness, of the vigor, resilience and creativity that have made America the most successful nation in history. The Stewardship of Wealth’s three parts begin with a discussion of the crucial role private wealth plays in America’s remarkable economic and cultural success. In Part Two, Curtis discusses several broad issues that wealthy families face, including understanding investment risk, conflicts of interest among financial advisors, and the challenge of making sound investment decisions. Part Three is a step-by-step guide to the successful management of liquid wealth, focusing on best investment practices from portfolio design to manager selection to monitoring investment performance.

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