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From the Publisher"From time to time, something happens that requires us to change the way we typically act, either temporarily or permanently. The publication of Jay Hughes' second book, Family: The Compact Among Generations, for me, is one of these events.... My wish for all our readers is that they will take the time to read the book—in the active sense of the word 'read'—and experience the same pleasure of discovery and mind expansion as I did."
—Jean Brunel writing in the Journal of Wealth Management
"Jay's words dance off the page as he shares his theory and practice on how we all can inspire future generations to create and fulfill their dreams. His disciplined research and common-sense practices are mustreading for anyone interested in making the world a better place and living every day to its fullest. How fortunate that Jay Hughes has shared his wisdom for all to read."
President, Marshall Street Management
"Jay Hughes, the wisest of counselors to successful families, brings a Renaissance man's perspective to the most fundamental challenges of family, of wealth, and of continuity. He also brings a deep confidence and optimism for human nature and for the future. Thousands of families have heard Jay's messages. With this book, new generations of counselors will be able to support even more families. That's a great gift.
"The deep wisdom Jay shares in this book can only be the result of decades of experience and a special, genuine care for families. His conviction for stewardship is exemplified by this sharing of his unique wisdom with others who counsel families. This book gives honest hope to families seeking healthy and successful continuity, and also to those who serve them and who share Jay's sincere concern.
"This is the best book ever written for counselors to business families. Thank you, Jay, for sharing your wisdom and passion."
—John L. Ward
Principal, The Family Business Consulting Group
Clinical Professor of Family Enterprises,
Kellogg School of Management, Northwestern University
"Jay Hughes has changed both the philosophy and vocabulary in family-wealth advising. He is both an historian and innovator, creating context and advice for those families who define their success in much more than financial terms."
—Ellen M. Perry
Founder, Wealthbridge Partners, LLC
"Family: The Compact Among Generations is fundamentally a book of deep, translational wisdom based on Jay Hughes's remarkable reading of philosophy, religion, and psychology as they apply to the complex journey of family life. The book is based on Hughes's lifetime of service and counsel to families of great wealth, but as I read the book and began to understand its central metaphor—"shirtsleeves to shirtsleeves in three generations"—words other than family kept coming to mind, words like community, society, and citizenship. Hughes may not have intended the metaphor to apply to the journey of the human race, but in a world precariously balanced between disastrous decline and the potential for the resolution of major social dilemmas, it is the investment in human capital and the awakening of the citizen within that will tell the difference.
"This book is a gift. Read it. And when you do, consider its wisdom from your individual and family persona and your public persona."
Founder and Chairman, The Philanthropic Initiative