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Wealth: Grow It, Protect It, Spend It, and Share It Hardcover – Feb. 10 2006

4.2 out of 5 stars 12 ratings

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From Publishers Weekly

Wealth: those who have it want to keep it, but what's the best way to ensure it doesn't run dry? Lucas is ideally suited to answer the question. A Harvard Business School graduate who's worked at wealth management firms, and a fourth-generation heir of E.A. Stuart, the founder of the Carnation Company, Lucas counsels readers who have, or are planning to have, at least a few hundred thousand dollars in the bank. His book teaches them to manage their wealth so it grows, or is at least maintained, for as long as they want, whether that's one lifetime or several generations. Lucas focuses principally on investing decisions, spending decisions (like whether to engage in philanthropy) and emotional issues. He provides a good balance of in-depth financial guidance and tips on negotiating financial decisions in the family. Though the subject is dry, Lucas keeps the book interesting by using examples taken from his own family's experience with fortune, a tactic that lends both credibility and intimacy to his advice. With its frequent plunges into the minutiae of investment options, this book is definitely not light reading. It is, however, a helpful guidebook for those faced with the task of growing, protecting, spending and sharing a large amount of cash. (Mar.)
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.

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Product details

  • Publisher ‏ : ‎ FT Press; 1st edition (Feb. 10 2006)
  • Language ‏ : ‎ English
  • Hardcover ‏ : ‎ 400 pages
  • ISBN-10 ‏ : ‎ 0132366797
  • ISBN-13 ‏ : ‎ 978-0132366793
  • Item weight ‏ : ‎ 771 g
  • Dimensions ‏ : ‎ 16.51 x 3.18 x 24.13 cm
  • Customer Reviews:
    4.2 out of 5 stars 12 ratings

About the author

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Stuart Lucas is the author of the highly-acclaimed book: Wealth: Grow It and Protect It, published in Chinese, Russian, and Spanish. He has lived a double life, both as a member of a wealthy family and as a senior executive in prestigious investment and wealth management firms.

Stuart is the Chairman of Wealth Strategist Partners LLC, a consultant to individuals and families of exceptional wealth. Prior to founding Wealth Strategist Partners, he was the Senior Managing Director of the Ultra-High Net Worth Group within Private Client Services at Bank One (now JP Morgan Chase). Earlier in his career, Stuart served as general manager of Wellington Management Company's European operations and as the Assistant Portfolio Manager of a Forbes Honor Roll mutual fund.

An accomplished speaker and educator, Stuart designed and teaches the Private Wealth Management executive education program for the University of Chicago Booth School of Business, held in Chicago and Madrid. He is the author of numerous articles on wealth management, including "The 50% Rule" and "We're in a Low Return Environment": So What's an Investor to Do?

Stuart has a long-standing commitment to public service that complements his work with families. He serves as immediate past Chair of the National Public Radio Foundation Investment Committee, and Co-Chair of the Stuart Foundation Investment Committee. Stuart graduated from Dartmouth College (BA), Harvard Business School (MBA), and is a Chartered Financial Analyst. He is married and has three children.

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4.2 out of 5 stars
4.2 out of 5
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5.0 out of 5 stars Don't retire without reading this book!
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4.0 out of 5 stars Stuart's life lessons.
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4.0 out of 5 stars Good for the Basics
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