The Thing Under The Thing

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Presentation transcript:

The Thing Under The Thing Teague Wright, Sr. VP, Distribution, Highland Capital Brokerage

Ascend What does it mean to you?

The Great Wealth Transfer Over 60% HNW clients own 1+ life insurance policies (Spectrum UHNW Mgmt Survey 2013) 70% of family money disappears by the end of 2nd generation and 90% gone by 3rd (Investment News 2015) 75% of clients said their children never met with their financial advisor (MFS Investment Mgmt Survey 2013)

Market Opportunity Solid products & innovation Technology Intellectual Capital Superior Strategies Intention Execution

“In efforts to improve performance, most organizations go right to structural measures because moving lines around the org chart seems the most obvious solution and the changes are visible and concrete. Such steps generally reap some short-term efficiencies quickly, but in so doing address only the symptoms of dysfunction, not its root causes.” (Secrets to Successful Strategy Execution, HBR June 2008)

It’s a Lifestyle Career & Business Service & Community Personal Family Health & Security

What’s blocking you?

“So let us be alert…” – Frankl Psychiatrist Viktor Frankl's memoir has riveted generations of readers with its descriptions of life in Nazi death camps and its lessons for spiritual survival. Between 1942 and 1945, Frankl labored in four different camps, including Auschwitz, while his parents, brother, and pregnant wife perished. Based on his own experience and the experiences of others he treated later in his practice, Frankl argues that we cannot avoid suffering, but we can choose how to cope with it, find meaning in it, and move forward with renewed purpose. Frankl's theory--known as logotherapy, from the Greek word logos ("meaning")--holds that our primary drive in life is not pleasure, as Freud maintained, but the discovery and pursuit of what we personally find meaningful.