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One of the greatest threats to generational wealth is the ability of family members to talk about it. Not only is money the top source of marital conflict, a breakdown of family communication and trust over finances often leads to a critical loss of wealth over just three generations of ultra-high net worth families. Understanding and addressing each family member's preferred wealth language, however, can lead to greater understanding and harmony and enhances the preservation of family wealth.
Cale Dowell is a published thought leader in vulnerability analysis and risk mitigation and the creator of “Wealth Languages.” In 2017, he left his corporate career to help launch Archetype Wealth Partners and create a paradigm shift in the way the financial services industry serves and impacts people. Cale’s passion is rooted in the mission to help families thrive across generations. He and his wife, Lynne, reside in Houston and have two children.