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 focuses on helping families thrive across generations. In 2017, he left his corporate career to help launch Archetype Wealth Partners and “rebuild Wall Street” by creating a paradigm shift in the way the wealth management industry serves and impacts people. He has consulted with multiple large corporations and has written on vulnerability analysis and risk mitigation. Cale lives in Houston with his wife and two children.