Building Character

Raising children under five in the midst of affluence

Authored by Merrill Center for Family Wealth and Blum & Savlov, LLP.


Raising children in an affluent environment presents unique challenges. Wealth often intensifies problems, and adds complexities not faced by other families. It’s vital for parents to help children learn practical skills, while building character — to help them successfully navigate the world of wealth.    

At the Merrill Center for Family Wealth™, our experience working with many families shows that development of character in the early years is critical for children to live balanced, productive lives.   

Our whitepaper, Building character: Raising children under five in the midst of affluence, in collaboration with Jeff Savlov, explores family culture and core parenting principles that can impact a child’s growth. The piece also provides daily practices that parents can use to help with their child’s positive development, along with a self-assessment and valuable resources.

If you’d like to explore these ideas further, contact your Merrill private wealth advisor, who can connect you with the Merrill Center for Family Wealth.  

A private wealth advisor can help you get started.

Our advisors can help you follow your passions, build a legacy and have a positive impact on others.

Blum & Savlov LLP is not affiliated with Bank of America Corporation or any of its affiliates​​.