Adam Caller, Founder and CEO of Tutors International was invited by The Executive Magazine to share his insights into the rising demand for highly personalised education for future heirs.
He explains how family offices are increasingly aware that, while vast resources are poured into preparing assets for succession, far fewer invest the same energy in preparing their children to inherit those assets.
Even the brightest, most articulate children from top private schools can be left deeply underprepared for the realities of wealth stewardship. They simply have not been taught how to do it.
The article highlights how most private schools, despite their excellence, focus primarily on academic performance and overlook teaching the practical aspects of wealth management, such as understanding asset structures, making investment decisions, safeguarding personal brands, handling difficult conversations under pressure, and how to run a household.
Adam explains how specialist private tutors are ideally suited to fill the educational gaps many heirs experience. A private tutor serves as mentor, coach and confidant – using all the resources at their disposal to introduce responsibilities, ideas and reinforcement that aligns with the student’s interests, lifestyle, and future obligations.
One-to-one teaching is the gold standard. It’s how top athletes and musicians achieve their success, so why should the next generation of family leaders be any different?
Private tutoring provides a way to crucially fill this learning gap, build succession readiness, and ensure the children of ultra-high-net-worth families feel truly prepared for their future responsibilities.
Read the full article (free for members)
