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TRUSTEES : Reeling in the Wealth (to manage)

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TRUSTEES : Reeling in the Wealth (to manage)

 

Here's how one of the "big boys" does it:

+ Appealing to Fear

+ Citing their heritage

 

(I noticed these characteristics in a rare ad placed by Swiss Private banker, Edmond de Rothschild in

one of the HK newspapers today);

 

 

Edmond de Rothschild helping to build family legacies in Asia

 

Monique%20Chan.jpg_zpszlp57g9b.png

Monique Chan, CEO and Head of Asia of Edmond de Rothschild Group

 

"There has long been a Chinese saying that wealth does not make it to the third generation. But one needs to look no further than the Rothschild family in proving this myth wrong. The legendary European family, whose heritage dates back more than 250 years, continues to build an enduring legacy driven by entrepreneurial spirit, long term vision and commitment to its family's values."

 

+ Founded in 1953 by Baron Edmond de Rothschild and based in Geneva

+ Chaired since 1997 by Edmond's son, Baron Benjamin de Rothschild, with his wife Ariane de Rothschild recently appointed as chairwoman of the Executive Committee

 

adr_terrafemina_zpstvojxeq7.jpg

 

"In an industry that is constantly changing, clients appreciate our stability"

 

In Asia, it is estimated that 80 percent of the wealth in Asia will be passed to the next generation in the next 15 years.

Much of this wealth is in the hands of the first generation... a wealthy family looks for ways to transfer wealth to future generation, while:

 

+ being confident to next generation is ready

+ perpetuating family values

+ receiving the support they need to be successful

 

Self-made entrepreneurs have created the bulk of the wealth in Asia... and two-thirds of of Asian businesses are family owned - so it is "not surprising that they turn to the (Rothschild) family group for advice and guidance."

 

Rothschild: "They respect our long term wealth generation of the Rothschild family wealth, and they want us to do the same for them."

 

In 2013, the Edmond de Rothschild Foundations created ERFIP (Empowering Families for Innovative Philanthropy), a platform that brings together a select group of private philanthropy annually from Asia, the Middle East, and Africa to share best practice and enable peer-to-peer learning in ways that go beyond Western philanthropic practice. Held at the Domaine du Mont d-Arbois - the Rothschild owned resort nestled in the slopes of Megeve in the French Alps.

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""There has long been a Chinese saying that wealth does not make it to the third generation..."

WHY?

Because the second generation spends it, and/or others see it, and "grab" it;

and especially tax authorities - so they can help set-up TRUSTS to protect the wealth through generations.

That's their believable-sounding pitch. But what else is going on here?

 

TRUSTEES : Reeling in the Wealth (to manage)

 

Here's how one of the "big boys" does it:

+ Appealing to Fear

+ Citing their heritage

 

This pitch is a mainly appeal to fear.

The E.de Rothschild Group claims:

 

+ They can help you preserve your (self-made) wealth for later generation

+ They can get your wealth into "safe" trust that cannot be confiscated by tax authorities,

and they may be established as foundations, or as charities

+ They can help to "educate" later generations, on important subjects like philanthropy

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THIS (ERFIP) / deserves a closer look:

 

Empowering families for Innovative Philanthropy (ERFIP)

 

In September 2013, the Edmond de Rothschild Foundations hosted the first Global South philanthropy platform, Empowering Families for Innovative Philanthropy (ERFIP) in Megève, France.

ERFIP is a distinctively unique platform, which brings together philanthropists and practitioners from emerging economies to share best practices, successful models and challenges for peer review and feedback. It is focused on identifying philanthropists and professionals whose work has significant impact in their respective communities but are not seen enough on the conference circuits.
. . .
For its inaugural edition, ERFIP`s thematic focus was Youth Empowerment...
. . .
An overwhelming number of people in developing countries are under the age of 30. Some call it a youth bulge, we call it Capital. How we turn this Capital into Dividends for our respective societies will determine the course of our present and future.
. . .
Governments across the globe are increasingly looking towards the private sector to help meet the growing needs of their populations, particularly in the area of job creation. It is here too that philanthropy with its leaner and more flexible spirit is gradually emerging as a solution provider. Increasingly, philanthropy is playing multiple roles, being an incubator of ideas, an accelerator and an innovator. These new roles are also the opportunity for the philanthropic sector(s) to professionalize their approach, particularly in the Global South. Whatever the changing nature of philanthropy and its engagement though, local communities must continue to be involved.
At present, the USA dominates and drives the philanthropic discourse at the global level by virtue of its advanced practices and incredible financial leverage. American foundations are leaders in gathering and interpreting data and in developing impact and evaluation methods. American philanthropists have historically supported many worthwhile causes beyond their borders, from human rights to access to clean water. In the US, and to a lesser extent in other OECD countries, leadership in the philanthropic sector has secured its place as a force in addressing global social issues. The downside of Western philanthropic zeal is that it has become at times exclusive, hindering the emergence of other philanthropic discourses on the world stage.

 

GET FILE from here:

> http://www.issuelab.org/resource/empowering_families_for_innovative_philanthropy_summary_and_findings_of_inaugural_meeting

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ANU, the Cabal, and "Professional" money managers - any connections?

 

merlinhadninelives
+Alithea Kella Is 'Anu' the being the Ambassador made reference to that has not taken flesh form? Don't know much about Anu...

Alithea Kella
+merlinhadninelives Anu is leader of the Anunnaki, father of Enki & Enil. According to Sitchins deciphering of the Sumerian Texts. They the one's who came to Earth to mine for gold. Anyway, as the story goes, Enki 'created' humans. Now, the reference to having not 'taken flesh form', I have no knowledge about.

merlinhadninelives
+Alithea Kella Oh, the Ambassador made reference to a being, not human who is here in the Flesh... somehow involved with the Red Dragon Family. Just wondered who it is.
Oh. Gold miners? Using man to do the mining? Now Anu will make it Paradise lost if we do not make Earth Paradise?
Is that why the Ambassador has attempted to make us feel guilty for what the Cabal has done? Here's a mirror what happens next is up to you?

Yet we are told that the Dragon Family is the one who dropped the ball and funded the Cabal....
Again, who is the 'being' not human that the Ambassador speaks of and what is this reference to alien DNA? Does this make any difference in Paradise found or Lost?


Friar N:
Maybe there is something less complicated at work.

Some families got rich, thru good and bad businesses. And they wanted to pay less tax and have their money "professionally managed" to preserve their wealth for future generations. They were encouraged to put their money into and offshore trusts, and contract for "professionals" to manage it. Once they had done this, they were gradually seduced by the those affiliated with the managers, and they found their money was virtually stuck in the hands of manager/ trustees. Is it so hard to imagine that these manager/trustees are the same people we call the cabal?

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I agree Friar N's implied assertion that it serves us to keep the pragmatic basics front and center so we don't lose track of the events that immediatly affect us, as well as their more historic backgrounds. I would add, however, that history is written by the victors and that much of the weight or blame is constantly falling on those amounting to glorified servants. As if these "innocent" families were so gullible as to just let their wealth be taken. These are people who hold power with a very tight fist, and that includes anything they deem theirs. How were they seduced? Was it because somehow they thought their wealth would be secure or could multiply easily via being held in trusts? They didn't pay taxes to anyone. They didn't answer to anyone. But they did want power, and perhaps that was the carrot that led to compromises with "servants" and wealth managers (be they human or "other").

I do not believe the manager/trustees are the cabal and only. Let's look at a western equivalent. There is this emphasis on Jewish bankers being the first. In truth the first European bankers were the merchants of Venice, scions of Italian noble city state families. Venice managed the money of other city states I think and then expanded. Around the same time the Templars chose Jews because they weren't affiliated with the Church or the status quo of European nobility. Is it so hard to imagine that this "cabal" is not a coherent entity, and includes different factions, only one of which is used by the full grouping as the "public face" where the people are concerned?

If you look at the current noble families of Italy they are officially noted as wine growers and such. There is virtually no association with finance. So are things as they seem? Is the 'cabal' really the Cabal, or a scape goat that publically manages money and may even strive to control more than originally agreed. Is the 'plan' of this Cabal coherent or are there bumps in terms of who gets what? I just think the presentation is a bit too "clean", where there are clearly "bad guys" and these naive royal types that somehow can be fooled so easily even though they maintained so much power for millenia.

As someone asked (George Lincoln, I think), why now and not decades ago?


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Why Do the Rich Pay Less Taxes? Greed, Income & Financial Success (1992)

 

(2)

Rich Asshole Tries To Apologize And Makes Things Much Worse

Published on Jan 30, 2014

"Tom Perkins, a founding partner of venture capital firm Kleiner Perkins Caufield & Byers, over the weekend compared the current wave of ostracism towards the incredibly wealthy to attacks on Jewish people by the Nazis during World War II in a letter to the editor in The Wall Street Journal.

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