Research shows that a majority of wealthy families end up losing the bulk of their wealth even before first- and second-generation transfers. Despite tremendous efforts, very few ever regain the positions they once achieved. And even when many family-captains choose to ignore them, such statistics repeat with surprising consistency throughout history and cultures, across both emerging and developed markets, and regardless of the size and perceived strength of the wealth involved. Harbor Ithaka Wealth Management was born out of the desire to help preserve what entrepreneurial families construct, accumulate, and come to stand for over the years: Growth, ingenuity, unrelenting optimism, strength, social and economic development. We seek to protect this not only against the myriad of financial and economic risks but also from complacency and misguided advice.
We offer a series of services for high-net-worth individuals and single-family offices that comprise a toolset for complex estate management.