The Wealthesaurustm

A Glossary of Family Wealth Advising Terms

The Wealthesaurus provides standardized definitions of common and specialized family wealth advising industry terms. By sharing this glossary, we hope to improve communication across the UHNW community.

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Cultivation of Family Capital cluster

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One of two clusters of domains in the Ten Domains of Family Wealth model of The UHNW Institute. The five components of this cluster include the following:

The Cultivation of Family Capital cluster contains those domains that, in addition to the Family-Advisory Relationships domain, more generally pertain to the needs of the family in nonfinancial and nontechnical areas. They have been compared to capacities of the family using such terms as intellectual capital, human capital, social capital, and spiritual capital, though the domains do not correspond exactly to those concepts.

See Also: Wealth Creation and Stewardship cluster, The Ten Domains of Family Wealth, Family-Advisory Relationships domain, Nonfinancial capital

Hughes, James E., Whitaker Keith, and Susan E. Massenzio. Complete Family Wealth: Wealth as Well-Being. 2nd ed. Bloomberg Press, 2022.https://uhnwinstitutelibrary.org/document/complete-family-wealth-wealth-as-well-being/

The UHNW Institute. Our Thinking, December 15, 2022. www.uhnwinstitute.org/our-thinking/

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