{"id":724945,"date":"2026-06-09T10:31:09","date_gmt":"2026-06-09T10:31:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/724945\/"},"modified":"2026-06-09T10:31:09","modified_gmt":"2026-06-09T10:31:09","slug":"governance-is-key-to-families-ability-to-sustain-generational-wealth-says-us-adviser","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/724945\/","title":{"rendered":"Governance is key to families&#8217; ability to sustain generational wealth, says US adviser"},"content":{"rendered":"<p data-testid=\"article-description\">The CEO of Vanquour Global Wealth Management believes wealth management practices in America are a model to be emulated<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">[SINGAPORE] The adage \u201cshirtsleeves to shirtsleeves in three generations\u201d exists in almost all cultures, but the largest and most successful American and European families have managed to overcome it.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">New York-based investment adviser Zhou Lu said that for the largest US families, the key lies in the entrenchment of governance in their businesses and management of wealth. It is a discipline that Asian families can learn from.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">\u201cIf you dig into the question of how wealth grows from generation to generation, investments and portfolios are just a piece of it.<\/p>\n","protected":false},"excerpt":{"rendered":"The CEO of Vanquour Global Wealth Management believes wealth management practices in America are a model to be&hellip;\n","protected":false},"author":2,"featured_media":724946,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[45,49,48,133,131,132,31344,31403],"class_list":["post-724945","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-ca","tag-canada","tag-finance","tag-personal-finance","tag-personalfinance","tag-wealth-management","tag-women-in-business"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/724945","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=724945"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/724945\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/724946"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=724945"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=724945"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=724945"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}