The Enough Planning Group at Abacus
Cultivating global and personal well-being through the skillful allocation of financial resources.
What is Enough?
Enough Planning at Abacus invites high net wealth individuals and families (typically >$25 million) to engage in a brave conversation about wealth, impact and well-being. Modern culture applauds consumption and accumulation, tendencies which are often based on a sense of emotional insecurity, obligation to others, or simply unquestioned lifelong habits. For Enough Planning advisees, these financial imperatives have lost some of their allure, and there’s a hunger for more meaning, purpose, equity, and effectiveness with their financial wealth. Advisees learn how to apply their surplus resources to make an outsized contribution to tackling the world’s most pressing problems, which paradoxically creates greater personal well-being here and now.
Enough Planning uses personalized qualitative conversations and quantitative analysis to arrive at the best answer of “enough” for each individual or family. Once an advisee’s surplus has been agreed upon, we connect advisees to resources that help deploy the surplus in highly effective and rewarding ways.
The Enough Project
Key insights from Brent Kessel, co-founder of The Enough Project, on his personal journey of exploring ‘enough’.
Many wealth managers and family office professionals have an ulterior motive to keep or grow the asset base of the individual or family, as that provides job security and increasing revenue streams to them. Therefore, defining ‘enough’ and facilitating the disbursement of surplus resources to make a bigger difference in the world may be seen as being against an advisor’s interests. However, for most Enough Planning advisees, the imperative to use wealth for the greater good is growing, and their advisors are critical allies on this journey. The personalized Enough Planning engagement is offered by Abacus due to SEC regulatory constraints in the U.S. However, it is a standalone engagement and many participants have existing advisory or family office relationships they don’t intend to change. We invite any professionals the advisee would like to include in their Enough Planning engagement to participate. Our philosophy is that the more professionals who come to understand the win-win inherent in this process, the better.
There are several networks and movements working with high net wealth individuals who have interest in using resources to make the world better. In general they have a particular angle on what ‘better’ looks like. For some, it’s redistribution to greater community ownership of assets. For others, it’s focusing on impact investing or a particular style of philanthropy. Abacus’ Enough Planning Group is close to many of these organizations and can facilitate introductions where helpful.
An Enough Planning engagement typically lasts between 2-6 months and is paid for with a fixed project fee, paid half up front and half at completion. To receive a specific fee quote, please contact us. There is no obligation to become an ongoing Abacus wealth management client. We request that advisees make a commitment to take action with their identified surplus and respond to periodic future surveys so that we can track the aggregate impact of the Enough Planning Group.
Abacus Conversation Circles offer a safe place to talk about money and how it affects our lives.
These 90-minute “Circles” bring people together (virtually or in-person) to share personal stories around common themes. Participants listen, share, and reflect on past experiences, current situations, and future intentions.
Our Circles include topics like:
- My Money Story: Uncovering Inherited Money Messages
- How Much is Enough? Purpose Beyond Accumulation
- Ready for Retirement: Envisioning Your Future
Offered online and in-person, our educational seminars deliver financial planning tips to build a healthy and successful money life.
Our talks include topics like:
- Financial Foundations (spending, saving, investing)
- Retirement planning
- Values-Aligned Investing
To have an Abacus advisor speak with your group, please submit an online request here.
Our fun and engaging community events welcome clients, their families and friends, and the general public to our local office locations. Join us for a wide range of activities complete with delicious, locally-sourced food and beverage pairings.
Examples of events we’ve done in the past include:
- Movie Nights
- Women Empowerment Speakers
- Pro Bono Financial Planning
- Self-Defense Training
- Dance Classes
- Happy Hours
