What We Do
There are three major components to how we do this.
First, we take the time to understand what is really important to our clients by conducting a focused and detailed interview utilizing penetrating questions that help clients clarify their feelings, objectives, family dynamics, and their current state.
Second, we design a workable and understandable plan that addresses all of their issues. We help them negotiate and prioritize those issues so we can develop a time-sensitive action plan that includes composing a family signifcance statement and creating appropriate entities and structures to implement the plan.
Finally, we implement the plan, then monitor, maintain and manage all of the activities and entities. We conduct family meetings and retreats so we can mentor and train all members of the family in the proper stewardship of the family legacy.
Over 60 Years of Combined Expierence
Family Incorporated Since 1994
Kevin Kolson | Vice President
Certified Financial Planner™
Kevin Kolson joined Family Wealth Leadership in 2004. He assists in directing the Wealth Management and Planning process to assist client families to achieve their goals and objectives and to help create a family legacy that spans multiple generations. Further, Kevin manages the development and oversight of the client’s investment portfolios.
Prior to joining Family Wealth Leadership, Kevin spent six years as a senior associate for a leading business valuation firm in Irvine, California, where he gained valuable experience he is able to apply to meeting the needs of the firm’s business clients. These include valuing the securities of both privately and publicly held small and middle market companies in a wide array of industries for a variety of purposes including estate and gift tax, fairness and solvency opinions, transactions, ESOPs, litigation and financial reporting. Kevin also performed complex valuations assignments involving intellectual property, the allocation of value between tangible and intangible assets; and the valuation of stock options.
Kevin was licensed with the FINRA (Financial Industry Regulatory Association) having passed the Series 7, 63 and 65 securities qualification exams; however, he has given these up, but maintains the Series 65 licenses as a fee-only Investment Advisor Representative of Family Wealth Leadership. Additionally, Kevin is licensed with the state of California for life insurance and variable annuities.
Kevin has a Bachelor of Arts Degree in Business Finance with additional focus on financial planning from California State University, Fullerton and holds the CERTIFIED FINANCIAL PLANNER™ certification, and annually satisfies the requirement for CFP and industry continuing education.
It must be understood that running an effective and efficient family is the same as running a business–the family enterprise. Like any business, six critical elements must be in place to be successful. They are sales and marketing; production; distribution; administration and operations; finance, accounting, and tax; and human resources. The following are examples of some of the objectives that must be achieved if the enterprise is to fulfill its purpose.
- Have a viable and clear purpose and mission
- Add value to the world
- Have a well defined and well designed plan
- Execute the plan effectively and timely
- Constantly strive to improve operations
- Seek new opportunities and be able to adapt to changing situations
- Analyze the risks and rewards and make informed decisions
- Employ, educate and train qualified personnel
- Empower individuals to take action and be decisive
- Encourage social responsibility
- Be profitable and increase the value of the enterprise
- Be ongoing
- Provide for an orderly and timely succession to qualified leaders who can carry on the mission
Advise and guide the family in the development of a family mission statement and a plan that will effectively develop their abilities to attain significance. Assemble and coordinate a highly qualified team of professionals with the abilities needed to design and implement a plan that will lead to significance.Educate them on scriptural principles and creative solutions for properly utilizing the resources that have temporarily been entrusted to them.
- Identify family values, objectives, a mission and a vision that will allow the family to gain clarity of purpose.
- Advise and guide the family in the development of a family mission statement and a plan that will effectively develop their abilities to attain significance.
- Assemble and coordinate a highly qualified team of professionals with the abilities needed to design and implement a plan that will lead to significance.
- Educate them on scriptural principles and creative solutions for properly utilizing the resources that have temporarily been entrusted to them, in order to make inspired decisions that result in good stewardship.
- Encourage and assist them to act immediately to implement solutions to help achieve the desired results.
- Provide ongoing accountability, encouragement and management that will foster confidence in their decisions and the results.
- Set a personal example of the above.