The Generational Wealth Masterclass with James E. Hughes and Dave Specht is designed for individuals and families that seek to proactively prepare for the unique challenges and opportunities created by financial success. This course not only addresses the financial aspects, but also delves into the non-financial complexities that wealth may bring. Participants are urged to question closely-held assumptions, engage in courageous conversations, take action to improve overall well-being.


Jay Hughes
James E. Hughes

James E. Hughes is the author and co-author of numerous books like Family Wealth: Keeping It in the Family, Family: The Compact Among Generations, and The Cycle of the Gift. He is one of the early pioneers in the generational wealth consulting field.

David Specht
David Specht

Dave Specht is the Director of the Drucker School Global Family Business Institute. He is the author of The Family Business Whisperer and regularly speaks on topics surrounding multi-generational family business issues and the complexities of financial success.

About the Program

why should you invest time in this program?

Cultivating a deeper understanding of your relationship with financial capital and fostering empathy for others navigating similar journeys is crucial. This program offers frameworks and a fresh perspective to examine both your individual circumstances and relationships with others affected by financial abundance.

What will you learn?

In the Generational Wealth Masterclass, you will uncover what it takes to become a family of affinity. The objectives are to:

  • Encourage a shift in your definition of wealth and reshape your relationship with money
  • Learn about the dynamic relationships and responsibilities of trustees and beneficiaries
  • Examine the challenges and opportunities of shared ownership
  • Learn how to create structures that facilitate shared decision-making and management within the family
  • Cultivate greater empathy for yourself and those around you
How long does it take?

The Generational Wealth Masterclass is divided into 15 modules. You will typically cover one topic per week. Institutional customization is available upon request.

How much does it cost?

Contact the Global Family Business Institute for pricing. There are group discounts for institutions with a large number of participants.

How can I learn more?

For more information on how to enroll in the Generational Wealth Masterclass, please contact or Dave Specht at and (509) 318-0706.