“Empowered Entitlement” isn’t a buzzword yet in the lexicon of next-generation wealth education tools. But it well could be.
In an environment where productivity and drive is difficult to identify and develop, CHRISTIAN BROYHILL is using her psychology background and unique viewpoint to advise wealthy multi-generational families.
Christian’s willingness to lean into the inheritor’s financial reality (and trauma) distinguishes her from many in the “next-gen” field.
Christian’s background and the development of “Empowered Entitlement”
THE 4TH GENERATION STORY
A generation of inheritors that didn’t have to have a job
An emphasis on the challenges that come with inheritors with resources, but no particular expectation
Leaning into a loaded word
The evolution of Christian’s practice – what does it consist of?
The two pronged approach – Medicaid clients and HNW.
Why continue to serve both? What are you learning?
What are the barriers to services for HNW individuals?
When someone comes to you, what are they trying to solve?
Christian’s experience with trauma patients that aren’t in the HNW world and how that impacts her work
Is your work preventative or crisis management?
Or both?
What is Empowered Entitlement?
What is Empowered Entitlement?
What are the strategies that you use with individuals and families?
How do you interact with the trustees / advisors / family members around them?
Once the immediate trauma is addressed, how do you develop the coping and resilience skills in people that never had them?
Is there a “done” moment with your clients?
How do you help clients use “empowered enititlement?”
What does a good structure for a client or family look like going forward?
How do they develop esteem and productivity (which sometimes can be at odds with family expectations)?
