Podcast appearances and mentions of Dennis T Jaffe

A bit like the evolution of the interweb, wealth advice has gone through some fairly hefty iterations. From a time when it was largely about money and compliance, to approaches that demand a far deeper understanding of family dynamics, as well as a holistic approach to wealth.  Where we're at now has been termed Wealth 3.0. It involves a pretty big mindset shift - not only for founders and family elders who have been guarding and growing their assets since formation, but also for the advisers who guide them.  In this third episode of Purpose of Wealth, host Narelle Hooper unpacks developments in the role of family wealth advice, the new skills this is demanding of wealth advisers, and a look ahead to what's coming - as she sits down with Dr Dennis T Jaffe, co-author of Wealth 3.0: The Future of Family Wealth Advising, and Brad Simmons, partner in the Family Office with Mutual Trust.  Want to know more about the groundbreaking research Why the Modern Family Office Matters? Head to mutualtrust.com.au - or email us at purposeofwealth@mutualtrust.com.au    Purpose of Wealth is hosted by Narelle HooperProducer and editor is Samuel Phelps Executive Producer is Lauren McWhirter See omnystudio.com/listener for privacy information.

Episode 1 dropping Monday November 13 2023.  Purpose of Wealth: the secret to protecting and growing intergenerational wealth is a brand new podcast from Mutual Trust, Australia's leading modern Multi-Family Office. Hosted by Narelle Hooper, award-winning Australian editor and interviewer (Company Director magazine and AFR BOSS), non-executive director of The Ethics Centre and author New Women, New Men, New Economy, the podcast features high net worth leaders and top global experts.  Join Narelle and her guests such as James (Jay) E. Hughes Jr, Dennis T. Jaffe, and Lady Marigold Southey as they explore why a modern Family Office matters, how to find purpose and alignment, the positive impact your wealth can have in business and the community, plus the conversations your family should be having, now.  Find out what you need to fully prepare and protect your intergenerational wealth.  Subscribe now and turn your notifications on so you don't miss a beat. Want to know more about the groundbreaking research Why the Modern Family Office Matters? Head to mutualtrust.com.au - or email us at purposeofwealth@mutualtrust.com.au See omnystudio.com/listener for privacy information.

Dennis Jaffe is Senior Research Fellow at BanyanGlobal Family Business Advisors. As both an organizational consultant and clinical psychologist with over 40 years of experience, he is one of the architects of the emerging field of family enterprise consulting. He is also a frequent contributor to periodicals such as Family Business Journal of Financial Planning, Private Wealth Journal of Wealth management, and Worth magazine. Dennis joins Jared Siegel to share insights from his book Borrowed from Your Grandchildren about how large, long-lasting business families succeed across generations. Here are a few highlights from their conversation: Generative families are those with business that have gone past the third generation in terms of ownership and control; have an identity as both a family and a business; and were large and thriving, though not necessarily in the legacy business. It's fairly common that family businesses don't last past the third generation, but that has less to do with wealth itself and more to do with the type of people in the business. Successful business families make a commitment to the future, Dennis shares. “They developed all kinds of ways in which the family was creating non-financial wealth - they were creating value by educating the next generation, giving to the community, and having wonderful, thoughtful people get together.”  In generative families, the wealth creator creates the wealth, but they do not create the generative idea - this is typically done by the second or third generation. Jared asks Dennis to describe the roles of the first three generations of a business family. “The shift from the first generation where it's all about one person with no need to collaborate with anybody to the next generation comes when the family begins to have a single family meeting and they talk about their wealth,” Dennis explains. “Is this the business that they want to be in, or do they want to be in another business? Do they want to have a foundation? And they start to have conversations and out of the conversations the family says, ‘We have so much wealth, we have so many issues to talk about - we have to meet regularly.'” Self-reliant wealth creators must get over the idea that because they've been so successful, they know how to do it better than anyone else. Older generations have to understand that things are different, and should respect those differences rather than try to make things be the way they were before. They'd only be setting themselves up for failure by taking the latter route. Resources Dennis Jaffe on LinkedIn Borrowed from Your Grandchildren: The Evolution of 100-Year Family Enterprises Dear Younger Me: Wisdom for Family Enterprise Successors

Introduction Welcome to Let's Talk Family Enterprise, a podcast that explores the ideas, concepts and models that best serve Family Enterprise Advisors in supporting their clients.   All views, information and opinions expressed during this podcast are solely those of the individuals involved and do not necessarily represent those of Family Enterprise Canada.   Description Steve Legler speaks with Dr. Jim Grubman about everything from "Wealth 3.0" and the Ten Domains of Family Wealth to the importance of having knowledge, skills and the ability to learn to play well with others.   Guest bio Dr. Jim Grubman is an internationally recognized consultant to families of wealth, family enterprises and the advisors who serve them. His work with clients at many levels of affluence — from the “millionaire next door” to The Forbes 400 — has earned him a global reputation for thought leadership within the field. Whether facilitating a family meeting or training advisors in the complexities of wealth, he draws on his deep knowledge of psychology, family dynamics and family business, with specialty interests in trusts and estates law and family governance. His goal: to help integrate life and wealth for the benefit of the family and society.   You can find out more about Dr. James Grubman on his website and his LinkedIn.   Key Takeaways [0:26] Steve introduces today's guest and invites him to share a bit more about the 10 Domains of Family Wealth from Ultra High Networth Institute as well as how “playing well with others” ties into it.   [4:12] Jim speaks to how the 10 Domains of Family Wealth have helped evolve the way we think about wealth management from an initial — and exclusive — focus on money.   [6:41] What is wealth 3.0? Jim gives us the “Reader's Digest” version, from trying to avoid the “shirtsleeves to shirtsleeves” to the 70% rule on wealth transfer and what it means for the future of advising.   [13:49] On top of demographics as a factor in how advisors and families evolve, Jim touches on the many influences at play, and what is still missing in the field for it to be truly recognized.   [19:03] Jim explains what he means when he says that for a strong field in the future, advisors will need to be conversant if not fluent.   [24:00] Having everyone — from the head of the family to the siblings — around the table and educated on the family dynamics and plans may be the surest way into wealth 3.0, Jim explains.   [29:00] Jim's reading recommendation as well as his advice for advisors. [32:41] Steve thanks Dr. Grubman for joining the podcast and sharing his experience and expertise with the audience. Listeners, please subscribe!   Share your thoughts with us at fea@familyenterprise.ca   Mentioned in this episode The Let's Talk Family Enterprise podcast is brought to you by Family Enterprise Canada.   Ultra High Net Worth Institute   Books: Strangers in Paradise: How Families Adapt to Wealth Across Generations, by James Grubman Ph.D. Cross Cultures: How Global Families Negotiate Change Across Generations, by Dennis T. Jaffe Ph.D., and James Grubman Ph.D. The Moses of Rovno: The Stirring Story of Fritz Graebe, a German Christian Who Risked His Life to Lead Hundreds of Jews to Safety During the Holocaust, by Douglas K. Huneke   More about Family Enterprise Canada Family Enterprise Canada (FEC) FEC on Facebook FEC on Twitter FEC on LinkedIn

Dennis T. Jaffe, Ph.D. shares on How to build a 100 year Family About: Dr. Jaffe, a member of Wise Counsel Research, is a San Francisco-based advisor to families about family business, governance, wealth and philanthropy. He is author of Borrowed from Your Grandchildren: The Evolution of 100-Year Family Enterprises; Cross Cultures: How Global Families Negotiate Change Across Generations; Stewardship in your Family Enterprise: Developing Responsible Family Leadership Across Generations, and Working With the Ones You Love. His global insights have led to teaching or consulting engagements in Asia, Europe, the Middle East, and Latin America. The Family Firm Institute awarded him the 2017 International Award for service, and in 2005 he received the Beckhard Award for service to the field. In 2020 he was awarded a special commendation as an individual thought leader in the field of wealth management by the Family Wealth Report. He has a BA degree in Philosophy, MA in Management, and Ph.D. in sociology, all from Yale University, and professor emeritus of organizational systems and psychology at Saybrook University in San Francisco.

Join Mark Ralfs as he interviews Dr. Jim Grubman and Dr. Dennis Jaffe. Dr. Jim Grubman is a consultant to multigenerational families and their advisors about the issues that arise around wealth. He helps families establish healthy patterns of communication, governance, estate planning, and parenting for succeeding generations. He is the and co-author (with Dennis T. Jaffe, PhD) of Cross Cultures: How Global Families Navigate Change Across Generations, and has a new book, Strangers in Paradise: How Families Adapt to Wealth Across Generations. Dr. Dennis Jaffe is a leading architect of the field of family enterprise consulting and an acclaimed speaker and workshop leader in programs for business families and financial service firms. Dennis is a research associate at Wise Counsel Research, a Family Business Scholar at the Smith Family Business Program at Cornell University, a faculty advisor at the Ultra High Net Worth Institute, and a regular contributor to Forbes Leadership channel.

Join Mark Ralfs as he interviews Dr. Jim Grubman and Dr. Dennis Jaffe. Dr. Jim Grubman is a consultant to multigenerational families and their advisors about the issues that arise around wealth. He helps families establish healthy patterns of communication, governance, estate planning, and parenting for succeeding generations. He is the and co-author (with Dennis T. Jaffe, PhD) of Cross Cultures: How Global Families Navigate Change Across Generations, and has a new book, Strangers in Paradise: How Families Adapt to Wealth Across Generations. Dr. Dennis Jaffe is a leading architect of the field of family enterprise consulting and an acclaimed speaker and workshop leader in programs for business families and financial service firms. Dennis is a research associate at Wise Counsel Research, a Family Business Scholar at the Smith Family Business Program at Cornell University, a faculty advisor at the Ultra High Net Worth Institute, and a regular contributor to Forbes Leadership channel. For show notes and more: https://lionsgateadvisors.com/podcasts/

On today’s show we will be talking to Dr. Dennis Jaffe, a leading architect of the field of family enterprise consulting and an acclaimed speaker and workshop leader in programs for business families and financial service firms. Dennis is a research associate at Wise Counsel Research and leads their 100-Year Family Enterprise Research Program. He is also Family Business Scholar at the Smith Family Business Program at Cornell University, a faculty advisor at the Ultra High Net Worth Institute, and a regular contributor to Forbes Leadership channel reporting on cross-generational family businesses and wealth. His new book is Borrowed from Your Grandchildren: The Evolution of 100-Year Family Enterprises. During this episode you’ll hear  The importance of studying long-term family businesses and why they are so special His experience in studying 100 large global family businesses that had been together for more than three generations What “generative” - value-creating means for these types of family businesses What shirtsleeves to shirtsleeves means and how families sell or lose their business, and other negative stories about family business How to build innovation into family culture over generations, rather than just feeling comfortable with their considerable wealth How did families in his study manage to develop successful leadership and commitment for several generations Stories from one of the most memorable families in his study Jonathan Krueger is an Investment Advisor Representative with Lion Street Advisors, LLC, a Registered Investment Representative and a Registered Representative with Lion Street Advisors, LLC member SIPC. Opinions expressed on this program do not necessarily reflect those of Lion Street Advisors, LLC or LionsGate Advisors. The topics discussed, and opinions given are not intended to address the specific needs of any listener. Neither Lion Street Advisors, LLC nor LionsGate Advisors offer legal or tax advice; listeners are encouraged to discuss their financial needs with the appropriate professional regarding your individual circumstance. Resources: Dennis T. Jaffe, Ph.D., has been a leading architect of the field of family enterprise consulting and is an acclaimed speaker and workshop leader in programs for business families and financial service firms. Dennis is a research associate at Wise Counsel Research, and leads their 100-Year Family Enterprise Research Program. He is also Family Business Scholar at the Smith Family Business Program at Cornell University, a faculty advisor at the Ultra High Net Worth Institute, and a regular contributor to Forbes Leadership channel reporting on cross-generational family business and wealth. His new book is Borrowed from Your Grandchildren: The Evolution of 100-Year Family Enterprises. LinkedIn Website

Introduction Welcome to Let’s Talk Family Enterprise, a podcast that explores the ideas, concepts and models that best serve Family Enterprise Advisors in supporting their clients.   Description In a time of crisis, as Family Enterprise Advisors (FEAs) we work hard to be the valuable and trusted resource to our client families. In his latest work, Borrowed from your Grandchildren, Dennis Jaffe reports on a research project where he interviewed family members from 100 global business families who had succeeded over more than three generations. The book shares their stories of continual reinvention and renewal, and how they responded to vast changes in their family and business worlds.   Guest host Steve Legler sits down with Dennis to discuss ways that FEAs can use the wisdom gleaned from this research in service of their family enterprise clients as they face the COVID-19 pandemic.   Guest bio For over 40 years, Dennis T. Jaffe has been one of the leading architects in the field of family enterprise consulting. As both an organizational consultant and clinical psychologist, he helps multi-generational families to develop governance practices that build the capability of next-generation leadership and ensure the ongoing capability of financial organizations and family offices to serve their family clients.   He is also a Family Business Scholar at the Smith Family Business Initiative at Cornell University, a faculty advisor at the Ultra High Net Worth Institute, a regular contributor to Forbes Leadership channel, reporting on family cross-generational family business and wealth, and a professional member of the Society for Trust and Estate Planners (STEP).   For 35 years, he was a Professor of Organizational Systems and Psychology at Saybrook University in San Francisco, where he is now Professor Emeritus. He received his B.A. in Philosophy, M.A. in Management and Ph.D. in Sociology from Yale University.   More about Dennis here.   Key Takeaways [0:16] Steve introduces Dennis Jaffe and asks his guest to explain the origin, nature and goal of his most recent book. [4:38] Dennis touches on the qualitative and narrative research used to build the theories and common themes covered in the book. [6:00] From facing a crisis head-on to having the ability to reinvent and redefine who you are as a family and as a business, Dennis shares some tips for family advisors derived from successful multi-generational family businesses. [10:04] Where does a family’s energy for change come from? [12:11] Dennis touches on the notion of a Family Bank to invest and foster the next generation’s ideas and creativity both for money-making and social impact ventures. [14:38] Advisors can be useful in ways that families may not ask or expect, Dennis shares a few examples of how this can manifest in the field. [19:06] “Which one of my kids is going to be the successor?” Dennis explains how and why, when looking at 100-year family businesses, this is the wrong question. He also explains the need to challenge the very questions people want help with. [22:40] First things first, coming out of this crisis: managing everyone’s expectations that are no longer true… Dennis offers examples. [29:19] Everything will change with COVID-19; make sure you adapt and evolve. [31:21] Dennis shares his last piece of advice from one advisor to another as well as a book recommendation. [34:00] Steve thanks Dennis for his time and experience and invites listeners to subscribe and tune in for the next episode.   Mentioned in this episode Let’s Talk Family Enterprise podcast is brought to you by Family Enterprise Xchange.   Books: Borrowed From Your Grandchildren: The Evolution of 100-Year Family Enterprises, by Dennis T. Jaffe Ready or Not: Preparing Our Kids to Thrive in an Uncertain and Rapidly Changing World, by Madeline Levine   More about Family Enterprise Xchange Family Enterprise Xchange FEX on Facebook FEX on Twitter FEX on LinkedIn   More about our guest Dennis T. Jaffe’s website

Dr. Dennis T. Jaffe, is a San Francisco-based advisor to families about the family business, governance, wealth and philanthropy. Dennis helps large and global families manage personal and organizational issues that lead to a successful and fulfilling transfer of businesses, wealth, values, commitments, and legacies between generations. Dennis is the author of the new book Borrowed from Your Grandchildren: The Evolution of 100-Year Family Enterprises; as well as Cross-Cultures: How Global Families Negotiate Change Across Generations; and Stewardship of Your Family Enterprise: Developing Responsible Leadership Across Generations, and more than 15 other management books, including Getting Your Organization to Change, Rekindling Commitment, Take This Job and Love it! And From Burnout to Balance. He is the co-creator of the Family Enterprise Assessment Tool (FEAT, The Values Edge, the Transition Curve, and other tools for assessment of family enterprise success. In 1984 he founded Changeworks Global, a consulting firm in San Francisco, which works with organizations for long-term change to build competitive advantage by unleashing the power of their employees. He was a founder of MemeStreams, which pioneered the use of on-line executive development tools. In 1990-92 he served as Deputy Director of Research for the Macarthur Foundation Network on Healthy Companies. He is an emeritus professor of Organizational Systems and Psychology at Saybrook University in San Francisco. He has a B.A. degree in Philosophy, M.A. in Management, and Ph.D. in sociology, all from Yale University, is a licensed psychologist and is professor emeritus of organizational systems and psychology at Saybrook University in San Francisco. As both an organizational consultant and clinical psychologist, he is one of the architects of the emerging field of family enterprise consulting. He is a faculty advisor to the Cornell Johnson College of Business. As a founding member of the Family Firm Institute, he has served on their board, written frequently for their journal Family Business Review, and was awarded the Richard Beckhard and International Awards for contributions to practice. In 2007 he was Thinker in Residence for S. Australia, helping the region design a strategic plan for the future of their entrepreneurial and family businesses. Resources and links https://www.wisecounselresearch.com/main https://www.linkedin.com/in/dennis-jaffe-a686286/ https://www.amazon.ca/Borrowed-Grandchildren-Evolution-Stewardship-100-Year/dp/1119573807/ref=sr_1_1?crid=N7JSVSFMMP3W&keywords=borrowed+from+your+grandchildren&qid=1585501401&sprefix=borrowed+fr%2Caps%2C204&sr=8-1 Thanks for tuning in to the show. If you love the show and this episode please like, review, share and help spread the word. Feel free to contact me by using the following links Email: info@odogwu.com Twitter: @chodogwu Instagram: @chodogwu Linkedin: www.linkedin.com/in/odogwu www.odogwu.com  

In this episode, Angelo speaks with Dennis T. Jaffe, PhD and James Grubman, PhD where they examine the resiliency of the single family office. Together, they examine how the single family office has had to adapt to an ever-changing landscape and offer developmental perspectives on where the future paths may lead. This episode is part two of a two part series.

In this episode, Angelo speaks with Dennis T. Jaffe, PhD and James Grubman, PhD where they examine the resiliency of the single family office. Together, they examine how the single family office has had to adapt to an ever-changing landscape and offer developmental perspectives on where the future paths may lead. This episode is part one of a two part series.