Blum & Savlov, LLP | Family Business and Wealth Consulting

Family Business
and Wealth

Jeff Savlov serves families who have
accumulated significant wealth and want
their wealth to serve current and future
generations in healthy and productive ways.

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"My customized process helps families
open communication and take a long-term
developmental approach to understanding
family wealth and ensuring it serves their
vision for what’s most important in life."

Learn More

"My customized process helps
families open communication and
take a long-term developmental
approach to understanding
family wealth and ensuring it
serves their vision for what’s most
important in life."

How and When to Talk to
Your Children About Money

Read Jeff’s advice for talking with kids about family
wealth in the New York Times.

Read Article

How and When to
Talk to Your Children
About Money

Read Jeff’s advice for talking with kids
about family wealth in the New York Times.

Through coaching, interactive workshops and client collaboration, Jeff helps advisors and their firms gain an edge over competitors in serving enterprising families. When he works alongside advisors with their clients, he adds depth to the understanding and management of family dynamics and governance. He will train and develop family advisors to skillfully provide clients with greater value through better execution of plans, and improved ability to assess and work productively with the complexity inherent in enterprising families. Read more »

Raising children in the context of wealth has challenges and opportunities. Many parents avoid any discussion of the family’s fortunate circumstances for fear this will reduce the children’s motivation and lead to a sense of entitlement. Jeff developed a program to help parents open the discussion in a healthy way, start developing the next generation to be responsible stewards, and teach parents about intentional and thoughtful parenting in the context of wealth. Read more »

Inheritor Bias

November 19, 2024

This article by Business News Daily quotes one study which found that 68% of ultra-high-net-worth individuals (UHNW = $30 million or more) were self-made. The article refers to a second study by Fidelity Investments which found that 88% of all millionaires are self-made. In these studies, Read more »

Marvin Blum and his wife Laurie with Warren in the middle.

Warren Buffett Changes His Will

October 30, 2024

For years people have occasionally asked me if Marvin Blum is the “Blum” in my company name (Blum & Savlov, LLP). The answer has always been, “Not sure who Marvin Blum is but it is my wife, Monica Blum, a Read more »

Fall on Your Sword

September 26, 2024

I speak regularly around the United States on the topic of families and wealth. Areas of focus include developing communication, high-functioning family ownership groups, managing inevitable conflict, distinguishing between non-working family owners and family members who work in the business Read more »

How and When to Talk to Your Children About Money

Talking about family money is similar to talking to kids about sex. There is such a thing as too much, too soon.

Keeping the Family Tree Alive

A lot of what makes these families successful is family first.

Building Character

Article by Jeff Savlov about raising children under five in the midst of affluence.

Jeff Savlov was instrumental in getting our family to sit down and to examine what is most important to us in terms of family values, especially in the financial realm. The hours we spent with Jeff, and individually, expressing what was important to our family and what kind of a legacy we wanted to leave was an enriching experience for our family. We would recommend Jeff’s services to any family that is ready to take their communication and family management to the next level.

Dave and Jenn Buckwald, Colts Neck, NJ

Jeff’s presentation creatively addressed issues and themes that our members routinely encounter in the estate planning practices. The manner in which he presented the material brought to life and elucidated recurring dynamics of family-owned businesses. His presentation was among the most interactive and participatory of continuing education sessions we’ve hosted in recent years.

Jonathan F. Justice | Vice President 2017-18, Estate Planning Council of Bergen County, Inc.

I have known Jeff Savlov for years, and have high regard for him as a family business consultant. I hired him to speak on the topic of Siblings In The Family Business: Love, Hate And Profitability. His material was insightful, and made sense to the audience of many family businesses from a wide assortment of industries. His intelligence, humor and ability to connect the dots makes him a very effective teacher and guide.

Ira Bryck | Family Business Facilitator/Advisor and Radio Host

Blum & Savlov

Evolving Families · Business/Wealth ·
Principles, Purpose, Passion

Jeff Savlov is a family business and wealth consultant serving family businesses, high net-worth families, family offices and their advisors with a focus on balancing family dynamics with ownership, management and leadership of shared assets across generations.

Family Wealth Consulting

Family Business Consulting

Family Advisor Education & Collaboration

Purposeful Legacy Family Project