Family Legacy and Leadership: Preserving True Family Wealth in Challenging Times


Hamilton and Daniell have creatively taught us how to weave together the threads of lineage that create family legacy. They have also clarified the vision of what family leaders look like who are the master weavers of such threads. This all leads toward teaching us how to create and guide our families, and those we serve, to seven and more generations of successful, generative and flourishing lives as individuals and as family. We owe their work a deep debt of gratitude and a bow of appreciation.
James (Jay) E. Hughes, Jr.
Author, Family: The Compact Among Generations

Mark Daniell and Sara Hamilton have written a book that will become a real reference for families wishing to establish a long-term strategy for building an enduring legacy for generations. It contains a wealth of ideas, strategy prescriptions, case histories, and anecdotes that will give the family leader and members of the “tribe” a true guide to building a system that will endure the test of time. I recommend it to families in Asia and beyond.
Dr. Victor K. Fung
Chairman, Li & Fung Group

This is a superb book––unique and full of examples––on the vision of legacy and the role of family leadership. It is also a comprehensive guide to risk management with a special spirit for wise risk-taking. Daniell and Hamilton draw on the unique experience of the Family Office Exchange and its many hundreds of members and scores of studies to define the role of family leadership more fully and inspiringly than ever. This book makes the challenges vivid and the path clear for successful families to preserve both their wealth and their purpose.
John L. Ward
Principal, The Family Business Consulting Group

Family Legacy and Leadership is an innovative, useful blend of theory and practice; and of the hard and soft issues that families face. It offers ideas, insights, and tools that will help families of all types find their path through change.
Melissa A. Berman
President & CEO, Rockefeller Philanthropy Advisors

Mark Haynes Daniell is Chairman of The Cuscaden Group, his own family office in Singapore, which serves as an investment and advisory business helping the leaders of wealthy families to define and implement their own legacy plans and long-term investment strategies.
Daniell is a former Director of Bain & Company and Wasserstein Perella. He holds degrees from the Harvard Law School, Oxford University, Amherst College, the Institut d'Etudes Politiques de Paris, the Sorbonne-Université de Paris IV and the Phillips Exeter Academy.
He is a frequent expert guest commentator on CNBC, the BBC, CNN and Channel News Asia and the author of seven books, including Strategy for the Wealthy Family: Seven Principles to Assure Riches to Riches Across Generations.

Sara S. Hamilton is the founder and CEO of Family Office Exchange (FOX), the definitive source of information and best practices associated with the business of managing family wealth across generations.
She serves on the Executive Education faculty of the University of Chicago Booth School of Business for the course on Private Wealth Management offered twice a year in Chicago.
In 2009 and 2010, Hamilton was named as one of the "Top 50 Women in Wealth Management" by Wealth Manager. She serves on the editorial boards of the Journal of Wealth Management and Trusts and Estates as well as a Founding Board of the Chicago Global Donors Network.
Prior to founding FOX, Hamilton worked in marketing and strategy at Harris Bank and AT&T Information Systems. Hamilton holds a Bachelor of Arts degree from Vanderbilt University and an MBA from the University of North Florida.




Part I: Family Legacy and Legacy Planning.

1. Building an Enduring Legacy.

2. Defi ning a Clear Philosophy of Family Wealth.

3. The Family Promise, the Constitution, and Responsible Ownership.

4. Preparing Children for the Responsibilities of Wealth.

5. Philanthropy as a Cornerstone of Legacy.

6. A Practical Framework for Legacy Planning.

Part II: Family Leadership and Succession.

7. Leadership Challenges in the Family Enterprise.

8. Proven Approaches to Family Leadership.

9. Leadership Skills for the Twenty-First Century.

10. Passing the Torch.

11. Crossing Generational Bridges.

Part III: The Management of Risk and Change.

12. Managing Risks to Wealth and Wellbeing.

13. Designing a Family “Eco-system” Worthy of Trust.

14. Mastering New Challenges to Financial Wealth.

15. Structuring the Family Office as Manager of Risk and Change.

16. Creating an Entrepreneurial Culture in the Family.

Epilogue: Future Leadership Challenges.


A Profile of Family Office Exchange.

B Operating Frameworks for Legacy, Leadership,and Risk Management.

C Strategies for Creating an Entrepreneurial Culture.

D Recommended Reading List.