Forbes Insights research shows that over half of today's high-net-worth investors generated or obtained the lion's share of their wealth either exclusively (22%) or to some degree (31%) through a family-run business. This highlights the essential art of exit planning--prepping the family and the business for its future once today's stewards hand over the reins.
For nearly 60 years, global oil markets have been largely influenced by the Organization of the Petroleum Exporting Countries (OPEC). The combined oil production of the 14-member-nation group makes up about 30% of the world’s total production, with Saudi Arabia representing over a third of that production.
There are several qualities expected from the people who manage your money and perhaps a shorter list of critical components required for a successful long-term fiduciary relationship – trust, loyalty, fair pricing, and stability.