One of the valuable services that family offices provide their clients with is financial education and wealth management strategies. Pathstone, a U.S.-based multi-family office, has taken this service a step further with Path2Responsibility. Path2Responsibility is a program developed by Pathstone that boosts young next-generations’ knowledge of finance and leadership.
Path2Responsibility will target children as young as three years old through young adulthood using interactive games, workbooks and other tools. This is just one more way in which family offices are working to help improve the lives of their family clients.
A new programme to boost young next-gens’ knowledge of finance and leadership has been launched.
Developed by US-based multi family office Pathstone, the programme will use interactive games, workbooks and family meetings to help high net worth families teach next-gens how to manage substantial wealth.
Steve Braverman, managing director of the family office, said in a statement that the course, called Path2Responsibility, will target children “from three years old through young adulthood”.
Amy Lemasters, associate at Pathstone, added that it is “critically important” that younger members are able to understand financial terms from a very young age.
“It’s never been more crucial for current and future generations to become financially literate and involved in making thoughtful, well-informed decisions,” she said. Source
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