ARE YOU MANAGING YOUR LIFE OR IS IT MANAGING YOU?

 What is this life if, full of care, we have no time to stand and stare?
~ William H. Davies ~

Are you managing your life or is it managing you?  Is personal life getting its fair and deserved share?  These are good questions that deserve serious consideration.  At the end of the day, all the to-do items might be checked off, but in the process, the importance and quality of personal life might have been put aside or forgotten.  In the case of wealthy, high net worth families or individuals, they can find their state of being overwhelmed by so many responsibilities.  When it comes to balancing the scales, many discover the notion of living elegantly slipping away.  To whom can they turn?  In all probability, they retain professional advisors for business, legal and health affairs, so what about ensuring the quality of their personal life?  They can turn to Personal Life Consultants who specialize in helping families and individuals sort through their unique circumstances.  With a vast network of resources, Personal Life Consultants identify what is not working and why, strategize solutions to fix the problems, and implement the solutions.  They take a completely objective approach on behalf of the client situation as a whole, adhering to a code of utmost confidentiality.

Personal Life Consultants will craft a personalized blueprint of action to ensure a smoother flow of daily living for the families or individuals, putting the pieces back together with a thoughtful, systemic approach that solves the problem.  In addition, they can also work with other third party professionals in a non-threatening and seamless way, ensuring everyone is getting the appropriate information at the right time, helping to improve the overall efficiency of the family arrangement.

Oddly enough, when it comes to the personal lives of the affluent, they are often reluctant to seek out the services of an objective consultant.  Many people with a wealth of resources feel a sense of isolation and experience, to a certain extent, uneasiness in bringing in outside assistance.  It’s understandable that they may feel vulnerable and would be hesitant to expose themselves personally; they live with substantial wealth, they believe they should know how to handle all that comes with it.  Personal Life Consultants understand how critically important privacy is and make it a priority to present a signed agreement of confidentiality.

Services a Personal Life Consultant can offer are widely varied and need to relate specifically to individual circumstances.  Here are just a few examples.  They can act as financial administrators or as a personal CFO, maintain financial records, work with other advisors, pay bills, and map out budgets.  They can develop a plan focused on wealth education for children.  They can oversee construction projects, help manage real estate transactions, conduct inventory of fine arts, perform staff evaluations, and handle special event coordination.  Personal Life Consultants can recommend and carry out any number of activities critical to ensuring piece of mind. 

While a family structure may appear solid, outside influences can create disruption that is neither welcome nor necessary.  As the scales begin to tip out of balance, private issues should not spoil quality of life.  Personal Life Consultants can be retained for a one-time problem-solving assignment, or they can be brought on board for long-term assignments.  There is a myriad of reasons the affluent can lose their sense of personal priorities in their quest for a desirable life, particularly during major life transition points.  The issues can be widely varied, but the common denominator is the issues are starting to take over.  Perhaps it means someone has sold a company and needs assistance with a plan to redefine personal lifestyle; maybe there was a divorce or a death in the family; children have become too dependent on the parents.  Every circumstance is different.  No matter how complex the issues are, quality of life issues should be in the forefront and not at the bottom of the list. Personal Life Consultants can help identify where the problem areas are and offer solutions on how to deal with them capably, smoothly and confidentially.

 

Written by Ellen Essenfeld and Kimberley Clark
 

 

 

 

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