The Wealth Creation and Stewardship cluster encompasses the domains typically associated with traditional or technical aspects of family office services. These focus on the family’s financial wealth, business ventures, wealth transfer, tax planning, charitable giving, insurance, and risk management.  For many advisory firms, service delivery in these areas represents the core areas of wealth management or family office services.

The domains in the Wealth Creation and Stewardship cluster are increasingly seen as only part of what is needed by an UHNW family.  The nonfinancial needs and activities of the family are increasingly recognized as crucial for truly integrated family wealth management over the long term. These nonfinancial needs are defined within the Cultivation of Family Capital cluster in the Ten Domains of Family Wealth model.