Insights

Wealth and purpose

How can wealth, purpose and responsibility be brought together into a meaningful whole? On this page, you will find information and background stories about three key questions: What is the right way to pass wealth and responsibility down to the next generation? How do we reconcile financial returns with personal purpose? And how can wealth be deployed strategically for the benefit of the environment and society? Our articles on succession, sustainable investment and philanthropy reveal how wealth creation and transmission of purpose can work to combined effect.

As the private bank of the Princely Family of Liechtenstein, LGT has been defined for nigh on 100 years by an entrepreneurial family that has been managing and handing down its wealth for generation after generation. This experience has resulted in an understanding of wealth that goes beyond financial returns.

Insights has three points of focus:

The handing down of wealth: our articles show how entrepreneurial families clarify roles, decision-making processes and collaboration as part of wealth succession, entrepreneurship and family philanthropy. Topics include family governance, next-generation wealth planning and how questions of tax and inheritance law fit into the family wealth strategy.
Investing in line with purpose: another point of focus sheds light on how returns and personal purpose can be reconciled. Sustainable investments and impact investing show how capital can be deployed strategically to address environmental and social challenges like climate change and social inequality.
Consolidating purpose: this point of focus demonstrates how personal purpose can be strategically clarified and implemented effectively in reality. Lightrock, the Princely Family’s global impact investing platform, and LGT Venture Philanthropy combine to create an ecosystem of investment capital, philanthropy and measurable impact on the environment and society.

A successful handover takes years of preparation. The next generation must develop the skills and confidence to lead, while the older generation faces a different challenge: learning to let go. This final instalment in our succession series explores ten steps that can help families navigate the...

Succession rarely fails on the day control changes hands. The most damaging mistakes tend to come earlier - often in the form of assumptions that can prevent families from making difficult but necessary decisions. Here are four of the most common.

Is art the most beautiful form of investment? Yes - but only if it genuinely brings you joy. It should never be bought purely for financial reasons, says Jennifer Greenland-Pessina, Art Advisory Specialist at LGT. She explains what collectors should consider - from appraisals and provenance to...

How can investors assess and address nature risks and opportunities, such as ecosystem resilience and nature loss, within their investment process?

Nature quietly underwrites the global economy, and investors are beginning to embed the material financial risks and dependencies associated into their investment decisions. We take a look at how biodiversity is reshaping stewardship - and where the opportunities lie.

Around EUR 400 billion is inherited or gifted in Germany every year - yet many entrepreneurial families would rather remain silent than tackle the issue. Wealth planning expert Dietmar Arzner explains why silence can be dangerous and why time is of the essence when it comes to succession.

Whether a business handover succeeds is often decided long before the contracts are signed. Asking three fundamental questions early in the process can greatly improve the odds of a successful transition.

Why potential successors strike out on their own, and how the family company can benefit.

Many would-be entrepreneurs spend years waiting for that one brilliant idea. But successful businesses rarely start with a flash of inspiration. More often, they start with a feel for the market, curiosity and the courage to take the plunge.

Rewilding restores the natural dynamics of damaged ecosystems. We explain why key species, such as rhinos, play a central role in this process, and why successful conservation projects can only be achieved in partnership with the local population.

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On this page, you can read interesting articles on wealth and values. If you would like to learn more about other topics, you can find further information on these pages:

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Wealth and purpose

You can learn to take over - and to let go

Four assumptions that can derail succession

Investing in art?

Investing in nature?

"Silence is the most expensive succession strategy"

Ready for succession? Three questions to ask before the handover

Choosing not to join the family business - at least initially

You don't need a brilliant idea to start a business

Rewilding: Bringing back the wilderness

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