How and When to Talk With Your Children About Money

Discussing family wealth with your children can be one of the most uncomfortable conversations to initiate as a parent. An outside facilitator can help you navigate those difficult discussions to foster deeper connections and alignment within your family.

In this video, Cresset’s Director of Family Governance, Rachel Gil, discusses how to identify signs of readiness to start talking about money with your children to ensure they are prepared for the responsibilities of wealth.

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About Cresset

Cresset is an independent, award-winning multi-family office and private investment firm with more than $60 billion in assets under management (as of 11/01/2024). Cresset serves the unique needs of entrepreneurs, CEO founders, wealth creators, executives, and partners, as well as high-net-worth and multi-generational families. Our goal is to deliver a new paradigm for wealth management, giving you time to pursue what matters to you most.