Family Wealth Practices, LLC Opens Multi-Family Office for Operation

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Fri Oct 30, 2009 11:04am EDT

Mark Hartnett, President & CEO of Family Wealth Practices, Fills a Void in the
Financial Services` Private Sector
OXFORD, Miss.--(Business Wire)--
In today`s economy, there are a number of concerns that enter an individual`s
mind. Who do I trust? What is going to happen to my family? Is my wealth secured
for multiple generations? Yes, these are all common concerns to any individual
that has created wealth over their lifetime. The question today is what options
do they have? 

Traditionally, individual investors have looked to brokerage firms or large
financial institutions to manage, recommend, and secure their wealth. In today`s
financial world investors are increasingly becoming more sophisticated and
looking for trusted advisors that can provide larger firm sophistication with a
high touch, highly personal level of service. "I have seen a trend over the past
10 years in the financial services industry where individuals and families are
moving away from product-based, transactional sales to transitionally-based,
objective advice," stated Mark Hartnett, President & CEO for Family Wealth
Practices, LLC, www.familywealthpractices.com. 

Individuals that have generated wealth are looking for someone that can look out
for their best interests. They are looking for someone who can help them create
a vision for their family`s future. From the Mississippi Delta to larger urban
settings, Family Wealth Practices has seen a need for boutique financial
services firms. 

Mark Hartnett has a resume that speaks for itself. Through years of experience
and working closely with industry experts, Mark has been able to generate
positive results that have impacted individuals and families for a lifetime. By
providing leadership to financially successful families that desire to grow
their family balance sheet through multi-generational planning, Family Wealth
Practices is fulfilling its mission to help families overcome the "shirtsleeves
to shirtsleeves in three generations" proverb. 

When creating Family Wealth Practices, Mark was certain that his vision to
assist families in securing their wealth would not be attractive to all
families. "This is so much more than recommending stocks and bonds, I am working
with a family`s leaders to create a legacy," mentioned Hartnett. Families often
accumulate wealth over just one generation; it is Family Wealth Practices` job
to preserve it for many more. Mark knows that families are sensitive to opening
up their story to just anyone. 

Mark is a native of Memphis, Tennessee and graduate of the University of
Memphis, where he received his Bachelor`s Degree in Finance, graduating magna
cum laude with a minor in Legal Thought and Liberal Arts. He furthered his
studies at the University of Mississippi in Oxford, earning his Juris Doctorate
Degree of Law and his Masters Degree in Business Administration. Mark`s
expertise in fiduciary law and financial planning allowed him the opportunity to
lead several bank trust departments in the southeast from 1999 to 2008. Mark has
distinguished himself among his fellow colleagues by becoming a CERTIFIED
FINANCIAL PLANNER professional, Chartered Property Casualty Underwriter (CPCU),
a graduate from the Southern Trust School, by serving as Chairman of the Estates
and Trust section of the Mississippi Bar Association and as a member of the
Mississippi Trust Laws Study Group. He is currently licensed to practice law in
the State of Mississippi, maintains a Series 65 license and is a member of the
Memphis Estate Planning Council.

For Family Wealth Practices
James Price, 404-428-9972 

Copyright Business Wire 2009

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