The statistics are sobering. Studies show that 70% of wealthy families lose their wealth by the second generation, and 90% have depleted it by the third. Despite decades of hard work building successful businesses and investment portfolios, most high-net-worth families watch their legacies evaporate due to poor planning, inadequate estate structures, and erosion from transfer taxes. 

For families who have built their wealth in illiquid assets, such as businesses and real estate, which are often the most successful wealth builders, traditional financial institutions often fall short of providing the sophisticated planning strategies these situations demand. 

It’s a problem that requires more than generic financial advice. Steven Bowles, CLU®, founder of Catalyst Advisory, represents a unique breed of advisor who combines technical expertise with an entrepreneurial vision focused entirely on solving these challenges. His journey to becoming a leading voice in advanced planning provided him with the diverse experience and insights needed to serve high-net-worth families in ways that traditional advisors often cannot.