Beyond Success: Building a Personal, Financial, and Philanthropic Legacy [Hardcover]

Randy Ottinger (Author)

Book Description

ISBN-10: 0071496769 | ISBN-13: 978-0071496766 | Publication Date: September 14, 2007 | Edition: 1

You've worked hard to achieve financial success, and now you want to leave a legacy. You want to know how others like you have made a positive impact with their time and assets. You want to safeguard your money, help others, and do the best for your children-without ruining their motivation to make their own way in the world. But ultimately, you want your contributions to matter.

Beyond Success is the first thorough guide that assists individuals with the achievement of a meaningful and lasting financial, philanthropic, and generational family legacy. As a financial and philanthropic expert, Randall Ottinger combines his personal experiences in both fields with extensive research that draws on insights from hundreds of legacy leaders such as Bill Gates Sr., Jeff Brotman of Costco, and Sandy Weill of Citigroup, as well as thought leaders and advisors in the philanthropy and family wealth professions.

Ottinger reveals best practices and strategies you can adopt to:

• Turn money into a meaningful and fulfilling legacy
• Make wealth a positive force in your family
• Avoid the common pitfalls of family wealth transfers
• Prepare children for money
• Achieve social impact through “portfolio” philanthropy practices
• Preserve wealth, values, and enterprises across future generations

Ottinger develops a legacy planning framework to help translate your goals into measurable action steps for achieving the highest levels of personal fulfillment and social impact. He also provides insights into the latest trends in philanthropy, and examines the likely impact on the civil sector of the $100 trillion of wealth that is transferring from today's baby boomers to future generations.

Editorial Reviews

From the Back Cover

How can you build a lasting legacy?

The journey begins with Beyond Success.

“More than any other book on the intersection of wealth, family, charity, and personal fulfillment, Randy Ottinger's Beyond Success convincingly illuminates the challenges faced by all who struggle with how best to transform their material success into lives that will bring personal fulfillment to themselves, their families, and their heirs, as well as benefit to the wider world around them. It provides an entirely new framework for thinking about how, at the prime critical junctions over a wealth-generator's lifetime, he or she can confidently deal with those challenges in ways that bring lasting satisfaction.

“In lucid and highly readable prose, informed by the wisdom and experiences of hundreds of real-life individuals, the names of many of whom are widely known, Ottinger has succeeded in producing the best available how-to-do-it playbook for those with any substantial amount of wealth who are grappling with some of the toughest questions anyone ever faces-how and how much to allocate to themselves, their spouses, and their children, as well as how, how much, and how best to devote to efforts that benefit society at large. This book proves that difficult challenges do not require complicated, complex, difficult-to-read manuals, but can be resolved by fresh, clear-headed, evidence-based ideas communicated in the simplest language. I recommend it with great enthusiasm.”-Joel L. Fleishman, author of The Foundation: A Great American Secret-How Private Wealth Is Changing the World, and Professor of Law and Public Policy, Duke University

About the Author

Randall J. Ottinger has been a leader in business, social entrepreneurship, and philanthropy for over 25 years. He is a former high-tech executive and a past Senior Vice President for Bank of America in its Private Bank, where he was involved in their family office initiatives. Mr. Ottinger is the founder of LMR Advisors, a wealth and philanthropy consulting firm, where he advises wealthy clients and financial firms on best wealth, philanthropy, and legacy practices. He is also an active member of Young President's Organization, Advisors In Philanthropy, and Social Venture Partners, as well as a graduate of Cornell University and Harvard Business School.

Product Details

• Hardcover: 320 pages
• Publisher: McGraw-Hill; 1 edition (September 14, 2007)
• Language: English
• ISBN-10: 0071496769
• ISBN-13: 978-0071496766
• Product Dimensions: 6.3 x 1.2 x 9.1 inches
• Shipping Weight: 1.4 pounds (View shipping rates and policies)
• Average Customer Review: 5.0 out of 5 stars  See all reviews (4 customer reviews)
• Amazon Best Sellers Rank: #601,172 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

4 of 5 people found the following review helpful:

5.0 out of 5 stars Brilliantly puts all of the pieces of the financial world in perspective!, October 24, 2007

By 

Michael Goldberg (Hastings-on-Hudson, NY) - See all my reviews
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This review is from: Beyond Success: Building a Personal, Financial, and Philanthropic Legacy (Hardcover)

Finally a book that puts together all of the pieces of the world of what it means to invest and why we do it. Mr. Ottinger very carefully pieces together what is important about investing and building a legacy. He uses real life examples of people who have become successful not only with their wealth building but also in building a legacy in the philanthropy as well as family legacy. No matter how much wealth anyone has, the lessons that are inside of this book are relevant to all of us. It could almost be called, "The Habits of highly successful legacy builders"

5.0 out of 5 stars Very insightful and helpful, January 22, 2012

By 

Phyllis A. Klees-Moore "Phyllis Moore" (San Francsico, CA) - See all my reviews
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This review is from: Beyond Success: Building a Personal, Financial, and Philanthropic Legacy (Hardcover)

I found Mr. Ottinger's perspectives, insights, and recommendations unlike anything I have read or discussed with associates. I highly recommend this reading to any professional building and experiencing a career and want their efforts to make a long-term difference.
Beyond Success: Building a Personal, Financial, and Philanthropic Legacy

5.0 out of 5 stars Great book for building a legacy, June 9, 2008

By 

J. Ayala (Newport, CA USA) - See all my reviews
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This review is from: Beyond Success: Building a Personal, Financial, and Philanthropic Legacy (Hardcover)

It's a great book specially if you are looking for some reference in how to take care of your assets, cash flow, etc. when you have to think about legacy, it is funny for me because I was talking to my brothers in order to start building something together having in mind to build a legacy for our family and I found this book just exactly what I needed, includes some examples about families that have done it before and how to have a structure to make it happen, I highly recommend it. Great job by Mr. Randall J. Ottinger Congratulations!