Become Your Family’s Financial Legacy Builder™
Research across Social Reproduction, Behavioural Economics and Financial Psychology reveals that wealthy families pass down far more than money. They pass down the knowledge, relationships, financial values, beliefs and behaviours that help make, grow and preserve significant family wealth across generations. This is known as family financial socialisation. Research also shows that those raised outside wealthy environments, despite having a burning desire to build wealth, may be less likely to have acquired the supportive financial values, beliefs, behaviours and habits associated with successfully making, growing and keeping significant family wealth. These patterns of thinking, reinforced by cognitive biases, can influence their financial decisions and lead them to repeatedly pursue practices that fail to produce their desired financial results. This can contribute to inconsistent business, trading and investing results, financial volatility, repeated wealth setbacks and difficulty turning business income into lasting family wealth. This recurring cycle of making, losing and rebuilding wealth is what we call Wealth Rot™.
Wealth Rot™ can make people resistant to learning, adapting and applying the very principles and strategies needed to build significant wealth. It can also influence them to seek out financial information and pursue unproven or inconsistently profitable strategies that reinforce their existing beliefs, rather than those best suited to achieving their financial goals. They may consequently remain unaware that their chosen strategies are unlikely to help them achieve their longer term financial objectives. Even when individuals possess a proven and profitable business, trading or investment methodology with a statistical edge, Wealth Rot™ can undermine their ability to consistently execute their methodology, leading them to create inconsistent profits, blame the methodology for their disappointing results and repeatedly switch between different systems, markets, instruments and strategies.
Wealth Rot™ can influence how people structure and live their lives, creating environments and circumstances that work against their financial objectives and undermine their ability to achieve the financial results they desire. Furthermore, it can help explain why people who successfully build profitable businesses struggle to achieve consistent results through trading and investing. It can also compromise their ability to grow and preserve significant family wealth. There is a distinct difference in how financially successful people structure their Mind, Life and Strategy to make, grow and keep significant family wealth compared with those struggling with Wealth Rot™. Unfortunately, acquiring more financial knowledge or discovering another methodology, including the latest profitable approach, does not automatically overcome Wealth Rot™.
However, the good news is that Wealth Rot™ is not an irreversible condition.
After decades of research, working in financial psychology, interviewing and networking with billionaires and family offices, alongside our own experience in fund and family wealth management, we have distilled these insights into the Financial Legacy Building System™. The Financial Legacy Building System™ is a proprietary structured approach designed to overcome Wealth Rot™. Based on the psychology, principles and practices adopted by the financial elite and the world’s wealthiest families across generations, the Financial Legacy Building System™ is an integrated approach designed to hardwire you for financial success, developing you into the person capable of building significant family wealth. By uniquely aligning your Mind, Life and Strategy for financial success, you develop the ability to consistently execute a winning financial method and make, grow and keep significant family wealth through your own Family Financial Legacy Fund™. The Family Financial Legacy Fund™ integrates your business, trading and family wealth management into one cohesive Make, Grow and Keep strategy. Instead of pursuing these activities separately, you work towards one overriding financial objective.
The result: You become your family’s 1st Generation Financial Legacy Builder™, building significant family wealth that sets you, your family and future generations up with the freedom, choice and control that you desire.
Patrick Stockhausen
Patrick Stockhausen is the Founder of The Taking Stock Group, Chief Investment Officer of Stockhausen Capital, and CEO of the Stockhausen Family Office. As the creator of Financial Legacy Builder™, the Financial Legacy Building System™ and The Financial Legacy Fund™. Patrick has revolutionized how business owners build, grow, and preserve family wealth.
With over 25 years of experience, Patrick is an expert in financial trading and investing, behavioral finance, systems development, and wealth psychology. His proprietary approach combines proven strategies and the psychology of elite wealth builders to help clients achieve consistent results in the financial markets while securing a lasting legacy for their families.
Patrick’s clients include hedge fund managers, family offices, commodity trading advisors, and high-net-worth individuals, as well as business owners passionate about wealth creation. As a former fund manager and TV presenter, Patrick brings a unique, engaging style that both empowers and inspires action.
He has collaborated with industry titans like Jack Schwager (author of Market Wizards), CNBC’s Jon Najarian, trading psychologist Dr. Van Tharp, and hedge fund manager Tim Knight.
His message of wealth creation and legacy building has reached countless business owners and families worldwide, inspiring them to pursue financial freedom and create a lasting generational impact