Securing Strong Families of Wealth and Wisdom—Part 1: Firm Foundation

Financial PlanningGeneral
Securing Strong Families of Wealth and Wisdom—Part 1: Firm Foundation

When your financial reality is one of wealth, there can be an incorrect assumption by outside observers that all your problems are solved. You have accumulated more wealth than you could spend in your lifetime. What more could you ever want?

Well, when it comes to your family’s future, you may want much more than just money. You want to know that the financial resources will be given back to God’s church and used to bless ministries doing Kingdom work. You want to know that your wealth will never become the source of strife or broken relationships in your family. You seek assurance that your children will grow to be healthy, contributing members of society and escape the trap of entitlement. You want to feel confident that what you’ve achieved in your life will be the beginning of a beautiful legacy for generations to come.

The team at Ambassador Advisors shares that goal and wants to help you achieve that peace of mind.

The keys to expertly managing significant wealth do not need to be a mystery. Our professional financial advisors are educated in the most effective methods to ensure that you and your family are equipped for lasting success, financially, and relationally. We hold ourselves accountable to God’s Word, which offers tremendous wisdom and insight regarding wealth and families.

Both extensive research and Scripture point to the same key concepts that, when embraced, achieve outcomes that far surpass monetary wealth. A few of these foundational principles are Awareness, Action, and Authority:


It is vital to be aware of the potential pitfalls of great wealth and not assume that your family will be exempt. The Bible is often misquoted regarding money and said to profess that it is “the root of all evil.” What God’s Word truly says is that “the love of money is the root of all kinds of evils” (1 Timothy 6:10, ESV). There is a caution in the latter, which means that the evils of wealth can be avoided. Money is merely a tool, and its use determines the outcome it will produce. Embracing this foundational concept removes fear and motivates you to utilize wealth wisely and model this behavior for your children.


Awareness leads to action: employing practical steps that keep your family headed in the right direction. Education for the entire family is what we offer in our action plan; it covers the span of your life, the lives of your children, your grandchildren, and generations to come. We aim to partner with you in fulfilling the biblical truth that a “good man leaves an inheritance to his children’s children” (Proverbs 13:22, ESV).


An integral aspect of our action plan is that it recognizes the need for family members to have a personal sense of authority over their own lives, while equally recognizing the significant roles they play in the health and direction of the family unit. As Christ-followers, we know that all members should be encouraged to reach their God-given potential: “For we are God’s workmanship, created in Christ Jesus for good works, which God prepared beforehand, that we should walk in them” (Ephesians 2:10, ESV). If one member feels undervalued or purposeless, a rift can form in the family that affects everyone. Proactive measures can be taken to avoid this dissension and remedial strategies employed if tensions have already surfaced.

Our team is trained to assist you in keeping your family strong and united. You don’t have to do this alone. We’re here to help. Wealth does not need to be a worry!

Source: Building a Strong and Connected Family of Wealth. Allred/DuFuria/Goldbart, Trusts & Estates

Any opinions expressed in this forum are not the opinion or view of American Portfolios Financial Services, Inc. (APFS) or American Portfolios Advisors, Inc.(APA) and have not been reviewed by the firm for completeness or accuracy. These opinions are subject to change at any time without notice. Any comments or postings are provided for informational purposes only and do not constitute an offer or a recommendation to buy or sell securities or other financial instruments. Readers should conduct their own review and exercise judgment prior to investing. Investments are not guaranteed, involve risk and may result in a loss of principal. Past performance does not guarantee future results. Investments are not suitable for all types of investors. To the extent that this material concerns tax matters, it is not intended or written to be used, and cannot be used, by a taxpayer for the purposes of avoiding penalties that may be imposed by law. Each tax payer should seek tax, legal or accounting advice from a tax professional based on his/her individual circumstances.
This material is for informational purposes only. Neither APFS nor its Representatives provide tax, legal or accounting advice. Please consult your own tax, legal or accounting professional before making any decisions. Information has been obtained from sources believed to be reliable and are subject to change without notification. The information presented is provided for informational purposes only and not to be construed as a recommendation or solicitation. Investors must make their own determination as to the appropriateness of an investment or strategy based on their specific investment objectives, financial status and risk tolerance. Past performance is not an indication of future results. Investments involve risk and the possible loss of principal.

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