Podcasts about family firm institute

Dan Frosh is the director at the Merrill Center for Family Wealth. He works with enterprising families to navigate the complexities of wealth and family dynamics, aiming for multigenerational success. A trained attorney, Dan has previously served as a senior advisor at Cambridge Family Enterprise Group and writes and speaks internationally on family enterprises and family wealth. He is the co-author of an upcoming handbook for advisors on business families and family businesses.SHOW SUMMARY In this episode of Disruptive Successor, host Jonathan Goldhill is joined by Dan Frosh, Director at the Merrill Center for Family Wealth. The discussion focuses on preparing for the transfer of ownership to the rising generation in family businesses. Topics include the importance of aligning on a family vision, developing the necessary skills and knowledge for future owners, and navigating governance structures. Dan shares insights from his experience and co-authored book, providing valuable advice for family business leaders. The episode concludes with the significance of collaboration and holistic planning to ensure smooth ownership transitions.KEY TAKEAWAYSFamily Business Succession Planning: Importance of preparing both ownership and leadership succession in family businesses.Role of Next Generation: The Significance of the rising generation in creating and driving the vision for the future of the family business.Governance Essentials: The need for appropriate governance structures that evolve with the business through different generations.Core Skills and Education: Developing financial literacy, understanding business operations, and governance knowledge are crucial skills for the next generation.Collaboration and Communication: Vital role of clear communication and collaborative decision-making between generations in ensuring smooth transitions.QUOTES"What hat are you wearing in each meeting as a board? You know, when the board meets, you put on your board hat and you think of it as a board member on a day-to-day basis. You're thinking of it as a family, a family employee. You're both a family member and an employee.""Make sure that the agenda is clear. What hat you're wearing and what type of topics and issues you are talking about during that meeting.""Both generations need to be moving together in this process... If one runner is just standing still waiting for the baton to come, they're going to get passed immediately.""Collaboration is super key for smooth ownership transition.""Where you see senior generation family members who are reluctant to bring the next generation into the discussions... adopting this mentality of, 'I'm the owner, they're not an owner yet, so I will decide and I will tell them what will happen.'""You need each one of them—business coach, wealth manager, family wealth manager, lawyers, and accountants—to really be successful.""Aligning on the vision becomes really important as well... they're inheriting or they're being gifted an enterprise that they might not totally agree with."Connect and learn more about Dan Frosh.https://www.linkedin.com/in/dan-frosh-92759b9/If you enjoyed today's episode, please subscribe, review, and share with a friend who would benefit from the message. If you're interested in picking up a copy of Jonathan Goldhill's book, Disruptive Successor, go to the website at www.DisruptiveSuccessor.com

How Can You Redesign Your Internal Programming a Live a Full(er) Life? On today's episode I was a guest on Steven Lawson's podcast Potent, and we dive into overcoming trauma, the power of spirituality and self-awareness, the impact of mentorship, and the journey toward self-acceptance and deeper connections. About Today's Guest Chris is a Certified Family Business Advisor accredited through The Family Firm Institute. Chris helps to consciously navigate the challenges of succession, leadership transitions and family conflict, while creating long-term strategies for business continuity. Dubbed a “Life Journey Sherpa,” Chris' holistic approach allows each individual in the family to be seen as an integral piece to the work. He uses his experience as a Neuro- Linguistic practitioner, a student of Philosophy and Psychology, and a thought leader on Personal Performance and Transformation to create a one-of-a-kind methodology that fuses heart and soul — helping families achieve extraordinary results that become permanent ways of being. Drawing upon more than 25 years of driving change and leading sales with 3M, and over a decade in Family Business and Executive consulting, Chris has built a process that has become his special sort of alchemy. His strategy helps clients move beyond the obstacles family organizations face that often prevent them from leading deeply fulfilling lives, both individually as well as collectively. Many of Chris's clients say the process of working with him leads to profound healing within their families, bringing a sense of deep peace, better relationships and higher levels of happiness alongside a thriving organization. As a sought-after speaker, Chris has been a special guest of Camden Family Wealth, The Institute for Family-Owned Business, and The Center for Family Enterprise, and has been a featured contributor to Forbes. Education Chris is a Certified Family Business Advisor accredited through The Family Firm Institute. He holds a Bachelor's Degree in Business and a Minor in Communication from Western Michigan University. He was personally mentored by Tony Robbins' original trainer in Neuro-Linguistic Programming (NLP). Personal Chris is a seventh-degree black belt in an Okinawan style of karate and a student of yoga and meditation. He enjoys fishing, travel, cooking and spending time with his wife of 28 years and their daughter www.chrisyonker.com https://podcasts.apple.com/us/podcast/the-secret-thoughts-of-ceos-podcast/id1543246164 Show Notes ·       01:02 Chris early life ·       02:03 Connecting with God ·       03:24 Martial arts, validation ·       04:37 Mentorship ·       06:00 What is God teaching me? ·       08:04 Developing a practice of connection ·       09:04 Coaching thru end of life ·       13:56 Immersion ·       18:43 Developing personal presence ·       22:28 Fear of loneliness ·       26:43 Emotions, awareness, and karate ·       28:53 The elevator from heart to head ·       31:20 Potent presence; it's a soul massage ·       33:04 Healing our bodies ·       35:49 Parenting, upbringing, self-parenting ·       36:54 Being/doing, Values alignment ·       39:29 Community affiliation, fear of lone wolf, searching out your people ·       41:26 Trusting the process This podcast is brought to you by the Monk Manual. The monk manual is dedicated to providing best-in-class tools for helping you build a more potent life, and experience peaceful being and purposeful doing on a daily basis. If you'd like to be more intentional with your time and energy - please visit monkmanual.com.   

Are you seeking the keys to creating lasting wealth and leaving a meaningful legacy?  Delving into the depths of wealth creation and legacy building requires more than just financial acumen—it calls for a vision that transcends generations. The pursuit of lasting wealth isn't merely about accumulating assets; it's about crafting a narrative that leaves an indelible mark on the world.  In episode 29 of The True Wealth Project podcast, Sascha Janzen has an insightful conversation with Richard Orlando, the founder of Legacy Capitals, about the concepts of legacy and intergenerational wealth. With over 25 years of experience, Richard has advised high and ultra-high-net-worth families, many of whom are leaders of family enterprises. He has also trained thousands of advisors to incorporate qualitative, multi-generational planning into their financial services. Before founding Legacy Capitals, Dr. Orlando spent fifteen years leading Merrill Lynch's Global Practice Management Consulting Group and worked in Merrill's Family Office division. His insights have been featured in various publications, including The New York Times, Bloomberg Business, and The Wall Street Journal online. Dr. Orlando holds a diverse educational background, including a Bachelor of Science in computer science and business from St. John's University. He pursued a Wall Street career after obtaining Series 7 and 63 licenses, later earning a master's in counseling/theology from Trinity International University and a doctorate in family systems from Seton Hall University, focusing on wealth management family teams. He instructs for the Investments & Wealth Institute's CPWA Certification Program, is a faculty member of the UHNW Institute, and holds a family wealth advising certificate from the Family Firm Institute. Dr. Orlando is also a certified professional coach through the International Coach Federation.  He is also the author of “Legacy: The Hidden Keys to Optimizing Your Family Wealth Decisions” and “Love Your Clients: the tale of the Whole Family Advisor”. During the episode, Richard addresses five different types of capital that every family should develop and build. He also poses five questions that every family needs to work through when developing an intentional legacy. Richard emphasizes the importance of love and impact, as well as the challenges of serving multiple generations within families. He also shares insights on raising happy children, transferring wealth, preparing the next generation, and handling family conflicts.  Richard and Sascha also talk about the essence of legacy in family wealth, what it means to have a legacy mindset, the challenges of first and second generation wealth, about impact investing and generational perspectives and more. As Richard reflects on his legacy, he hopes to be remembered for his dedication to helping families thrive across generations. With a focus on building bridges, fostering communication, and empowering future leaders, Richard's impact extends far beyond financial planning—it's about nurturing the soul of family wealth. Don't miss out on episode 29 of The True Wealth Project podcast, where Sascha and Richard delve into the transformative power of legacy planning and the enduring impact of family wealth! Connect to Richard Orlando Website: https://www.legacycapitals.com  Linkedin: https://www.linkedin.com/in/richardorlandophd/  Richard's Books: Legacy: The Hidden Keys to Optimizing Your Family Wealth Decisions: https://amzn.to/3PEj0ny Love Your Clients: The Tale of the Whole Family Advisor: https://amzn.to/3VFL5P1 --- Send in a voice message: https://podcasters.spotify.com/pod/show/sascha47/message

How Can You Redesign Your Internal Programming a Live a Full(er) Life?On today's episode of Potent, Steven Lawson and master coach and podcast host Chris Yonker dive into overcoming trauma, the power of spirituality and self-awareness, the impact of mentorship, and the journey toward self-acceptance and deeper connections.About Today's GuestChris is a Certified Family Business Advisor accredited through The Family Firm Institute. Chris helps to consciously navigate the challenges of succession, leadership transitions and family conflict, while creating long-term strategies for business continuity. Dubbed a “Life Journey Sherpa,” Chris' holistic approach allows each individual in the family to be seen as an integral piece to the work. He uses his experience as a Neuro- Linguistic practitioner, a student of Philosophy and Psychology, and a thought leader on Personal Performance and Transformation to create a one-of-a-kind methodology that fuses heart and soul — helping families achieve extraordinary results that become permanent ways of being. Drawing upon more than 25 years of driving change and leading sales with 3M, and over a decade in Family Business and Executive consulting, Chris has built a process that has become his special sort of alchemy. His strategy helps clients move beyond the obstacles family organizations face that often prevent them from leading deeply fulfilling lives, both individually as well as collectively. Many of Chris's clients say the process of working with him leads to profound healing within their families, bringing a sense of deep peace, better relationships and higher levels of happiness alongside a thriving organization. As a sought-after speaker, Chris has been a special guest of Camden Family Wealth, The Institute for Family-Owned Business, and The Center for Family Enterprise, and has been a featured contributor to Forbes. Education Chris is a Certified Family Business Advisor accredited through The Family Firm Institute. He holds a Bachelor's Degree in Business and a Minor in Communication from Western Michigan University. He was personally mentored by Tony Robbins' original trainer in Neuro-Linguistic Programming (NLP). Personal Chris is a seventh-degree black belt in an Okinawan style of karate and a student of yoga and meditation. He enjoys fishing, travel, cooking and spending time with his wife of 28 years and their daughterwww.chrisyonker.comhttps://podcasts.apple.com/us/podcast/the-secret-thoughts-of-ceos-podcast/id1543246164Show Notes01:02 Chris early life02:03 Connecting with God03:24 Martial arts, validation04:37 Mentorship06:00 What is God teaching me?08:04 Developing a practice of connection09:04 Coaching thru end of life13:56 Immersion18:43 Developing personal presence22:28 Fear of loneliness26:43 Emotions, awareness, and karate28:53 The elevator from heart to head31:20 Potent presence; it's a soul massage33:04 Healing our bodies35:49 Parenting, upbringing, self-parenting36:54 Being/doing, Values alignment39:29 Community affiliation, fear of lone wolf, searching out your people41:26 Trusting the processThis podcast is brought to you by the Monk Manual. The monk manual is dedicated to providing best-in-class tools for helping you build a more potent life, and experience peaceful being and purposeful doing on a daily basis. If you'd like to be more intentional with your time and energy - please visit monkmanual.com. The Potent Podcast is...

Today, I am delighted to speak with Dr. Richard Orlando, Founder of Legacy Capitals, a leading provider of training, coaching, and consulting services on topics such as wealth and values transfer, preparing the rising generation, family governance, legacy planning, and family philanthropy to financially successful families & family businesses, wealth advisors, family offices, and financial institutions. Richard is an approved instructor for the Investments & Wealth Institute's Certified Private Wealth Advisor (CPWA) Certification Program, a faculty member of the UHNW Institute, holds a certificate in family wealth advising from the Family Firm Institute, and is certified as a professional coach by the International Coach Federation's accredited program. In his practice serving UHNW clients, Richard uses the terms “love your client” and “whole family advisory” to describe his approach and philosophy of working with families of wealth. He explains what he means by these terms and shares his definition of a whole family advisor. Richard and his firm work with both family clients and their trusted advisors, and he talks about how this “whole family advisor” mindset impacts both sides of this professional relationship. He unpacks what families need to know about finding and working with a whole family advisor and what advisors need to know and do to become one. In his book, Legacy: The Hidden Keys to Optimizing Your Family Wealth Decisions, Richard outlines and explores the five most important family wealth questions, or decisions, that directly impact families and their legacies. He delves into these five questions and explains how families and advisors should make practical use of them. Richard also shares several legacy tools – for facilitating meetings, communicating effectively, planning, etc. – that he utilizes in his work with clients and offers some tips on how family principals and family advisors can best make use of them. Please enjoy this highly instructive conversation with a longtime practitioner and leading coach and educator in the family wealth and well-being space.

Author, speaker, family business consultant and owner of Hubler for Business Families, as well as a founding member and fellow of the Family Firm Institute, Tom Hubler, talks about the value of building emotional equity, balance, structure, and formality, how most family businesses don't start off as family businesses, managing from the H.E.A.R.T., appreciation, recognition, and love, and figuring out who's the B.O.S.S.

Evolving the Conversation: conversation is communication. And communication is essential to handling conflict well: keeping the good kind collaborative and creative and addressing the bad kind before it gets ugly.One research-based presentation I attended was about understanding the very different perspectives that individuals in a family business may have in a nearly identical situation. And, how those individual perspectives will likely evolve through the passage of time and life events. Accepting, even welcoming, that change requires keeping the conversation going in the family enterprise. Not forcing permanent decisions, such as in or out of the business, early in adult life. Another presentation I attended with a strong research basis involved trust.  How does a family enterprise inspire trust? In its employees, customers, the general public. The big takeaway was that the world keeps changing and family firms who fail to change do so at their peril.Do you have comments or suggestions about a topic or guest? An idea or question about conflict management or conflict resolution? Let me know at jb@dovetailresolutions.com! And you can learn more about me and my work as a mediator and a Certified CINERGY® Conflict Coach at www.dovetailresolutions.com and https://www.linkedin.com/in/janebeddall/.Enjoy the show for free on your favorite podcast app or on the podcast website: https://craftingsolutionstoconflict.com/And you can follow us on Twitter @conflictsolving. 

Welcome to an electrifying episode of the Small Axe Podcast, where Nico Salgado embarks on a captivating journey with Guillermo Salazar, an expert on corporate governance and family legacy succession. Guillermo has advised numerous business families on generational transitions, family vision, core values, and conflict resolution. He is also an author of several books and holds degrees in architecture, family business management, and systemic family therapy. He received the 2015 International Achievement Award from the Family Firm Institute. In this episode, Guillermo shares his background of born into a family business, and how it has shaped his expertise, setting the stage for a deeper exploration of his experiences.   Here is a breakdown of what to expect in this episode: Journey in Family Business and Conflict Resolution Professionalizing Family Businesses Navigating Generational Wealth and Succession The Role of Communication in Family Business Success Legacy and Conflict Resolution in Family Businesses And so much more   About Guillermo Salazar: Guillermo Salazar is a Family Business Advisor, Author, Speaker, and the Founder of Exaudi Family Business Consulting. He also serves as a Senior Advisor and Associate Partner at the Cambridge Family Enterprise Group. With over two decades of experience, Guillermo specializes in guiding business families in Latin America, Europe, and the United States through various processes, including legacy transmission, integrating new generations, and implementing methodologies to create sustainable businesses that align with family values. He assists families in designing family protocols, professionalization processes, effective decision-making, and conflict resolution, using proven models and methodologies. Additionally, Guillermo is a global educator on family business matters, providing valuable insights to both wealth owners and the professionals who advise them.   Connect with Guillermo Salazar on… Linktree: https://linktr.ee/guillermosalazar Website:  https://www.guillermosalazar.com/ LinkedIn: https://www.linkedin.com/in/guillermosalazar/   Connect with Nico Salgado! Website: www.smallaxecommunities.com Facebook: https://www.facebook.com/nicosalgado456, Podcast: https://podcasts.apple.com/us/podcast/small-axe-podcast/id1528971543 LinkedIn: https://www.linkedin.com/in/nicosalgado456/ Spotify: https://open.spotify.com/show/6edqbvXc6JCXuSg2lbSJeD YouTube: https://www.youtube.com/@nicosalgado1753 Amazon: https://www.amazon.com/-/es/dp/B08K4T9YTH  

Kimberly Eddleston is an inspiring thought leader on entrepreneurship and family businesses, and specifically how family dynamics can affect the those companies for better or worse. With a Ph.D. from the University of Connecticut, Kim became an award-winning researcher focused on family business. She has won best paper awards from the Family Firm Institute, Diana International Conference on Women's Entrepreneurship, and the Journal of Small Business Management. Kimberly is a professor of entrepreneurship and innovation at Northeastern University's D'Amore-McKim School of Business. She is also the co-founder of FamilyBusiness.org, a sister site to Entrepreneur & Innovation Exchange that now receives over a million views a year. Both online academic journals are funded by the Schulze Foundation. FamilyBusiness.org focuses on current and future family business owners, entrepreneurship students, and entrepreneurship professors. The website publishes content regularly: written guides, case studies, explanatory videos, and more on the stickiest of challenges facing family businesses, from succession to maintaining healthy relationships. Kimberly Eddleston speaks with Bob Buday on this episode of Everything Thought Leadership about how FamilyBusiness.org found and expanded its niche as a crucial source of information. If your organization is looking to create a successful thought leadership journal, don't miss this episode.

· Cindy helps individuals, family enterprises, business owners and family offices navigate the complexities and opportunities that come with wealth. As an integrated advisor, Cindy draws on over 35 years of legal, fiduciary, trust and governance experience in professional services firms, financial institutions, and family offices. She uses her skills to provide an objective perspective and facilitates understanding of how complex family, business and ownership structures can impact family dynamics and family wealth continuity. · Cindy's education and designations include B.Comm, FCPA*, LL.B., LL.M, TEP, ICD.D. and Family Enterprise Advisor*. To support her expertise in working with families she is an active member of several thought leadership organizations including the Society of Trust and Estate Practitioners (STEP) and the Purposeful Planning Institute. As a lifelong learner, Cindy values the importance of ongoing education and supports families in their education journey including in her role as Chief Learning Officer for Tamarind Learning Canada. · Cindy strongly believes in giving back to professional and charitable causes. Throughout her career, Cindy has been actively involved as a national and international speaker, author and committee / board member for a variety of professional organizations including: TEC Canada, STEP, Family Firm Institute, Purposeful Planning Institute, CALU, Chartered Professional Accountants of Alberta, the Canadian Bar Association and the Canadian Tax Foundation. She was a member / Chair of the STEP Worldwide Business Families Global Steering Committee from 2018 – 2022. · In 2018 Cindy was awarded “Trusted Advisor of the Year” in the prestigious global STEP Private Clients Awards and she was recently announced as finalist in the 2023 STEP Worldwide Family Business Advisory Practice of the Year category. · Cindy's charitable causes focus on individual and community mental health. She is a former board member for both the Canadian Mental Health Association – Calgary and Alberta. Cindy is also proud to be an alumni of Outward Bound Canada summiting Kilimanjaro in 2012 in support of OBC's Women of Courage program.

Ep 89. The Future is Now: Talking Next Gen Family Business Readiness  In this episode of The Family Biz Show, Shelley Taylor of Aspen Family Business/ABARTA joins us to discuss the importance of planning for the future of a family business, including the need for control and financial planning, the challenges of giving up control and the emotional attachment entrepreneurs have to their businesses. Shelley shares her experience of involving spouses in family business discussions and the value of seeking outside expertise, her thoughts on the importance of education and learning opportunities for the rising generations in family businesses. Listen in now!  OUR GUEST  SHELLEY TAYLOR  Shelley Taylor* is a Family Business Advisor who works with business-owning families on matters pertaining to governance, structure, role clarity, next generation development, generational transitions, and family councils.  Shelley joined the Aspen Family Business Group in 2018. Until December 2017, she was the Peer Forum Director at the Institute for Entrepreneurial Excellence (IEE) at the University of Pittsburgh where she has worked since 2000, previously serving as both Education Program Director and Membership Director.  Shelley continues her affiliation with the IEE as their Family Business Consultant.  Shelley is the Family Council Chair for ABARTA, Inc., a third and fourth generation family business that owns and operates the tenth largest Coca-Cola distribution company in the United States.  The owning family of ABARTA began its strategic family process in 1990 prior to the leadership and ownership transition from the second to third generation. The family process is currently focused on education and development of the fourth generation.  She is an independent director for c3controls, a private family business in Beaver, PA; is a former Chair and currently serves on the board of the Pittsburgh Ballet Theatre; and is past Chair and a board member of the Adams Foundation, a family philanthropy.  Shelley graduated from Cornell University ('83 Linguistics, with Distinction).  She holds an advanced certificate in family business advising (ACFBA) from the Family Firm Institute and is an FFI Fellow.  -------  If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email to producer@thefamilybizshow.com or visit us at The Family Biz Show | Family Business Podcast With Michael Palumbos (familywealthandlegacy.com) to fill out our web form!  CRN-5868088-080823  *not affiliated with Lincoln Financial Advisors Corp.  Michael Palumbos is a registered representative of Lincoln Financial Advisors Corp. Securities and investment advisory services offered through Lincoln Financial Advisors Corp., a broker/dealer (member SIPC) and registered investment advisor. Insurance offered through Lincoln affiliates and other fine companies. Family Wealth & Legacy, LLC is not an affiliate of Lincoln Financial Advisors Corp. Lincoln Financial Advisors Corp. and its representatives do not provide legal or tax advice. You may want to consult a legal or tax advisor regarding any legal or tax information as it relates to your personal circumstances. 

    David Karofsky is a principal consultant with The Family Business Consulting Group, specializing in advising family businesses around the challenges and opportunities inherent to the family business.  Prior to working with The Family Business Consulting Group, David worked in his own family business consulting practice with his father for eight years. The father-son team are the authors of So You're in the Family Business: A Guide to Sustainability. In addition, David was vice president of marketing for a software start-up where he helped launch the company and raise over $10 million in funding. David also served at EMC Corporation for eight years, holding various corporate roles, including managing operations for worldwide marketing.  The recipient of multiple achievement awards, David has been a guest speaker internationally and is a mentor to current and former MBA students at Northeastern University's Graduate School of Business and serves on the Marketing Career Track Advisory Board. He is a founding member and former chair of the Boston chapter of the Young Presidents' Organization's Young Adult Forum, member of the Family Firm Institute, where he holds certificates in Family Wealth and Advanced Family Business Advising with Fellow status, member of the Board of Directors of the Rogers Foam Corporation, and a former member of the Executive Board of Directors for the Men's Associates at Hebrew Senior Life.    What You'll Learn  Why communication is vital as a foundation.  What governance looks like in a family business.  How to handle increasing complexity in ownership transitions.  How to create a roadmap for successful transitions.  The benefits of building a board.    Timestamps  [04:02] A bit about David.  [06:16] Advising family businesses as a family business.  [07:12] Communication is key.  [11:12] Governance in family business.  [15:09] Ownership transitions.  [17:53] Fair and equal.  [22:07] Creating the transition roadmap.  [27:51] Building a board.  [36:54] Overcoming the fear of the board.  [39:37] ROI of the board.    Memorable Quotes  “Conflict is inevitable.” – David Karofsky [06:53]  “Assumption is the mother of all evil.” – David Karofsky [10:30]  “In family, fair sometimes is equal.” – David Karofsky [18:33]  “You've got to be able to listen to other people.” – David Karofsky [36:22]      Social Media  David Karofsky.    Websites  The Family Business Consulting Group. 

On this revisited episode of Beyond the Balance Sheet, James Hughes joins us to speak about family governance and explain why families need it. James is the author of Family Wealth: Keeping It in the Family and Family – The Compact Among Generations. He also discusses the work he has done as an advisor to high-net-worth clients, and what are some of his favorite resources to share for his clients. Tune in as we talk about the four functions needed for the human community to prosper and how power plays a role in family dynamics.   IN THIS EPISODE:   [02:05] What is family governance and do all families need it?  [07:00] How families have been rediscovering themselves during the pandemic.  [10:35] Mr. Hughes speaks about navigating his work as an advisor to families.  [15:15] Working with high-net-worth families, Mr. Hughes recommends his favorite resources.  [21:00] The four functions needed for the human community to prosper.   KEY TAKEAWAYS:   The pandemic has asked people to actually get to know each other again.  Do you know how your family learns? That's something you need to figure out so you can grow and flourish together.  Families can prepare themselves to wake up if they know how each other learns.  All relationships are relationships that involve power. Find ways to use your power together.    LINKS MENTIONED:   Website   www.jamesehughes.com   Power and Love   https://www.amazon.com/dp/B005P2A6IE/   BIO:   Mr. Hughes, a resident of Aspen, Colorado, is the author of Family Wealth: Keeping It in the Family, and of Family – The Compact Among Generations, both published by Bloomberg Press, and is the co–author with Susan Massenzio and Keith Whitaker of The Cycle of the Gift: Family Wealth and Wisdom, The Voice of the Rising Generation, and Complete Faith Wealth, all published by John Wiley & Sons and is a co-author with Hartley Goldstone and Keith Whitaker of Family Trusts: A Guide to Trustees, Beneficiaries, Advisors and Protectors". In addition, he has written numerous articles on family governance and wealth preservation and a series of Reflections which can be found on his website jamesehughes.com.  He was the founder of a law partnership in New York City specializing in the representation of private clients throughout the world and is now retired from the active practice of law. Mr. Hughes was a partner of the law firms of Coudert Brothers and Jones Day.  He is a current active Fellow of Wise Counsel Research Foundation (www.wisecounselresearch.org) a Boston based think tank providing qualitative advice to families who seek to avoid the shirt sleeves proverb and to help their  families flourish. He is a member of the Advisory Board of Arlington Partners; the Chair Emeritus of Lineage Private Trust Company, a Fellow of the Family Firm Institute, a member of the Society of Trusts and Estates Practitioners, a founding member of the Collaboration for Family Flourishing, a Laureate of the Purposeful Planning Institute, and a Founding Advisor to the Sino-American Family Office Foundation. He has spoken frequently at numerous international and domestic symposia on the avoidance of the shirtsleeves to shirtsleeves proverb and on the dynamic growth of families' human, intellectual, social, spiritual and financial capitals toward their families' flourishing. He has authored various Forwards to multiple published works on families and their flourishing and has been cited in the New York Times, the Wall Street Journal and various professional journals. He is a member of boards of various private trust companies, an advisor to numerous investment institutions, and a member of a number of private philanthropic boards. He is a graduate of the Far Brook School, which teaches through the Arts, The Pingry School, Princeton University and The Columbia School of Law. He is a counselor to the Family Office Exchange and recipient of its Founder's Award, the recipient of the Private Asset Management Lifetime Achievement Award, the Ackerman Institute Family Partner Award, and the Wealth Management Lifetime Achievement Award.

Patricia Angus, JD, MIA, TEP, is Founder and CEO of Angus Advisory Group LLC, an Adjunct Professor, founding Managing Director of the Global Family Enterprise Program, and Faculty Director of Enterprising Families Executive Education at Columbia University's Graduate School of Business. A recognized thought leader in the field, she has provided legal and strategic advice to global families and firms with multi-generational businesses, trusts, and philanthropy, for over three decades. She is a prolific author, with publications including the highly acclaimed The Beneficiary Primer: A Guide for Beneficiaries of Family Trusts and The Trustee Primer: A Guide for Personal Trustees. Ms. Angus has served on the board of directors of global single family offices, and has advised many others. Ms. Angus has been named one of the Top 50 Women in Wealth Management by Wealth Manager; a Rising Star by Private Asset Management; and Top 50 CEOs in Private Client, Power Women, and Top 100 North American Wealth Advisers by Citywealth. Ms. Angus received the Interdisciplinary Award from the Family Firm Institute. She received a B.A. cum laude from Amherst College, a Masters in International Affairs with a concentration in International Law and Organizations from Columbia University School of International and Public Affairs, and a J.D. from George Washington University Law School. We are talking about: 1) What are trusts, where did they come from, what purpose do they serve? 2) How trusts have changed over the years? 3) Two types of trusts: revocable and irrevocable 4) We'll hear more about what it takes to be a good trustee and a good beneficiary? 5) Do trusts have to end? 6) How can we define a success of a trust? Please help me welcome, Patricia Angus. Resources: The Trustee Primer, The Beneficiary Primer ---- To get regular updates and bonus content, please sign-up for my substack: ⁠https://bogumilbaranowski.substack.com/⁠ Learn more about Talking Billions Learn more about Bogumil Baranowski Learn more about Sicart Associates, LLC. Read Money, Life, Family: My Handbook: My complete collection of principles on investing, finding work & life balance, and preserving family wealth. NEVER INVESTMENT ADVICE. IMPORTANT: As a reminder, the remarks in this interview represent the views, opinions, and experiences of the participants and are based upon information they believe to be reliable; however, Sicart Associates nor I have independently verified all such remarks. The content of this podcast is for general, informational purposes, and so are the opinions of members of Sicart Associates, a registered investment adviser, and guests of the show. This podcast does not constitute a recommendation to buy or sell any specific security or financial instruments or provide investment advice or service. Past performance is not indicative of future results. More information on Sicart Associates is available via its Form ADV disclosure documents available adviserinfo.sec.gov. --- Send in a voice message: https://podcasters.spotify.com/pod/show/talking-billions/message

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 Host Steve Legler speaks with Dr. Jamie Weiner, author of the recent book, The Quest for Legitimacy: How Children of Prominent Families Discover Their Unique Place in the World. They discuss the challenges faced by rising generation members of enterprising families and how we as FEAs can better support our family clients by shedding light on these challenges, which are often invisible to their parents.   Guest bio Dr. Jamie Weiner   Dr. Weiner is a clinical psychologist with over 40 years of experience. In addition to his work with individuals and families, he successfully designed structured programs and systems to address the broad range of challenges people face and is credited with delivering over 100 lectures and workshops. He also has a Certificate in Family Business Advising and Family Wealth Advising from the Family Firm Institute and is the co-author of The Legacy Conversation: the missing gem in wealth planning.   You can find out more about Dr. Jamie Weiner on LinkedIn and the Inheriting Wisdom website.   Key Takeaways [:26] Steve Legler, your host for this episode, welcomes Dr. Jamie Weiner and asks him to share a little bit about how he started working on the idea of legitimacy.   [5:17] Dr. Weiner shares how the interview process for his most recent book went and how his reputation enabled a long list of warm introductions.   [6:55] From a bunch of interviews to a university research project, Dr. Weiner shares how he met Frank Barbera in an elevator.   [8:00] An econ-sociological analysis of the data uncovered a four-phase journey — or Quest — that is universal to all rising gen members: awareness, tug-of-war, exploration, and taking ownership of your life.   [10:59] The non-linear nature of the phases, as explained by Dr. Weiner.   [12:51] How can advisors use the information in the book to better reach the rising gen? Dr. Weiner shares the two things the “now” generation doesn't understand.   [16:33] Dr. Weiner shares a butterfly story as an allegory for harming while trying to help.   [18:43] Affluenza as a damaging concept.   [22:29] The true stories that populate the book find a way to speak to everyone, even J. Hughes!   [26:00] Creating opportunities to have discussions is a critical part of the advisory service — courage also!   [29:10] Dr. Jamie shares his book recommendation as well as his advice for advisors.   [30:58] Steve thanks Dr. Jamie Weiner for coming on the show to share so much insight with the audience.   If you enjoyed today's episode, you can subscribe to Let's Talk Family Enterprise on Spotify, Apple Podcasts, or other podcast app. Please remember to share this episode with family, friends, and colleagues.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. Inheriting Wisdom The Quest For Legitimacy: How Children of Prominent Families Discover Their Unique Place in the World, by Jamie Weiner   Reading recommendations: Man's Search For Meaning, by Viktor E. Frankl   More about Family Enterprise Canada Family Enterprise Canada (FEC) FEC on Facebook FEC on Twitter FEC on LinkedIn

In today's episode, you will hear from Lisa Morel, a recognized advisor to family enterprises and Founder of The Family Business Blueprint. Suneera and Lisa discuss how to bring growth and continuity to the family business for the next generations while maintaining family harmony. Lisa has guided hundreds of family business leaders in laying a framework for avoiding conflicts and strategically growing family enterprises. She works with multigenerational families across ten countries and is the first Latin American expert to join the prestigious Family Business Consulting Group. Lisa supports women as catalyzers of change within their family businesses and advocates for next-gen led intrapreneurship. She is the youngest board member of the Family Firm Institute, the leading global organization of thought leaders in the field. Additionally, Lisa coaches NextGen leaders of families in a business facing their first generational transitions through her program, The Family Business Blueprint.  Lisa and her husband reside in Miami, along with their two children. She enjoys cultural photography and Formula 1 and is fluent in English, Spanish, and French. She Is also the host of the Family Business Conversations podcast.    Connect with Lisa Instagram:  https://www.instagram.com/lisammorel Website: https://www.thefbcg.com/consultants/lisa-m-morel   Join us for a 2-day intensive business workshop, with exclusive access to Suneera Madhani, a Forbes 40 Under 40, billion-dollar founder, EY Entrepreneur of the Year award recipient for an immersive business experience that will give you the tools and playbooks to create an actionable plan to scale your business in 2023: https://theceoschool.mykajabi.com/ceo-school-december-2023-workshop This episode is sponsored by The Club, a monthly digital community to help you level up and leadership and life. Learn more today at https://join.theceoschool.co/

Nike brings her valuable wisdom, firsthand experience, and elegant articulation to the podcast in this episode - she's a Consultant specializing in family business where the torch is being passed down to a new generation. Our conversation moved very naturally through various topics including Nikes Bio, technological changes, personal experiences with businesses, the future of business, the melting pot of Austin TX, cognitive diversity, maintaining a growth mindset, and we weave through various philosophies of tech, leadership, culture, generational differences, legacy, and much much more. Certainly an episode for everyone, not just those in family business. Please hit subscribe/follow! Thanks for listening! Here's her bio: “Nike Anani is a Speaker, Author and Consultant to NextGens that seek to lead their Family Businesses. She helps NextGens rise above operations into a non-executive board role with credibility, so that they are able to lead and formulate a plan to future-proof the business, becoming more effective change agents. Nike fuses her inside experience as a NextGen executive in her Family's Enterprise, as a Chartered Accountant and as a Family Business Advisor to bring practical proven solutions to the table. Nike has almost a decade of experience working in African family businesses, as a NextGen in her parents' businesses and also as a co-Founder of several others. This inside experience as a NextGen birthed a passion to help others in similar shoes as herself in being effective change champions that collaborate with other family members and stakeholders in co-building legacy businesses that would outlive them. After graduating from University College London, United Kingdom, with a degree in Economics in 2008, Nike worked at Deloitte London for 3 years in Corporate Tax International where she qualified as a Chartered Accountant. Thereafter in 2011, she relocated to Lagos, Nigeria to work in her family's businesses. She is the co-founder of African Family Firms, a pan-African association of family businesses, and the author of “Building Resilient Family Enterprises”. She is a member of Family Firm Institute. Nike is rated as one of the top 100 Consultants globally in the Family Enterprise World by Family Capital, a leading online publication for Family Businesses. She is happily married and a mother to two young boys, who are her biggest sources of inspiration to leave a lasting legacy on our world.” Couple quotes from Nike in this episode: “You want to plan as early as yesterday. it's never too early for legacy planning” “More Diverse teams, and true inclusion, leads to co-creation of better solutions.” Episode initially recorded on 8-27-21, released for the first time here

What You'll Learn: How our childhood experiences become the undercurrent of our relationship with wealth How to talk to your kids about money in a way that eliminates fear How to find passion and motivation in children in a family business Why Kjartin recommends low-income, high-impact jobs for children of wealth Holding a family conversation about individual and shared purpose How to build support from the family system How to help children who appear to be unmotivated or disinterested The importance of unconditional positive regard How shame compounds stagnation  Keeping generations connected when Next Gen is exploring new possibilities Looking at the family office as an extension of the family system Making sure the family office represents the family and not just specific individuals   Resources:   https://www.graddha.com https://graddha.medium.com/ https://twitter.com/graddha https://www.facebook.com/Graddha https://www.linkedin.com/company/graddha-inc Bios:   KJARTAN JANSEN, MA, CFA Co-founder and CFO, Graddha   Kjartan brings to Graddha a combination of financial acumen, facilitation training and relevant personal experience. With over two decades in finance, he is committed to normalizing it for clients so they can better navigate the complex landscape of wealth. This involves helping clients define their values, and then creating deep alignment with their financial lives and Relationships.   Kjartan's work is informed by multiple roles in several industries. He began his career in technology consulting. He subsequently held roles in investment banking (equity research), venture capital (clean technology), and as a start-up CFO.    He holds a Bachelors degree in Economics from the University of Bergen in Norway, which included a year studying in Germany as a Ruhrgas scholar. He also holds a Masters degree in Applied Economics from the University of Michigan. Additionally, he is a CFA®️ charterholder. In addition to serving on the board of the family office Springcreek Advisors since 2008, he is an active member of the Purposeful Planning Institute, the Family Firm Institute and The Heritage Institute. He serves on the board of the Ree and Jun Kaneko Foundation, and recently deepened his knowledge of trust administration (Cannon Financials Trust Fundamentals) and family enterprise (Family Firm Institutes Certificate in Family Business Advising). Kjartan speaks five languages. When not working with clients, he can be found pursuing adventure on his skis, bike, or surfboard. He likes to travel with his family to his native Norway and anywhere else he can manage to explore and experience the world with them. Kjartan served in the Norwegian Army and is a serious meditator.   MARLIS JANSEN, MA, LMFT Co-Founder and CEO, Graddha   Marlis is a licensed psychotherapist and certified coach who is trained in wealth psychology. In addition, she is a sixth-generation member of a family of stewardship. This combination of professional training with lived experience gives her a unique perspective on the nuances and complexities of owning financial wealth.   Prior to founding Graddha, Marlis worked in healthcare information technology. As a product developer, she designed call-center based services to assist patients in making health care decisions. Marlis also served as Director of Business Development and Director of Product Development in a couple of healthcare startups. Later, her experience as a mom inspired her to contemplate how we ascribe value to people and work.   Marlis holds a Bachelor's degree in Anthropology from Harvard University, a Masters degree in Psychology from the California Institute of Integral Studies and a Graduate Certificate in Financial Psychology and Behavioral Finance from Creighton University Heider College of Business. She received her certification in integral coaching from New Ventures West.   She is an active member of the Purposeful Planning Institute, Family Firm Institute, The Heritage Institute and the Financial Therapy Association. She serves on the board of the Stone Age Institute and, since 2009, has served as Vice President of The Springcreek Foundation, her family's private philanthropic foundation.   Marlis is proficient in French, Spanish and Norwegian. She loves to enjoy home cooked family dinners, hike Mt. Tam with her family and dogs, travel in unfamiliar countries and cultures, and compel family members to join her in a game of extreme Pictionary as often as she possibly can.

Hosted by Andrew Keen, Keen On features conversations with some of the world's leading thinkers and writers about the economic, political, and technological issues being discussed in the news, right now. In this episode, Andrew is joined by Jamie Weiner, author of The Quest for Legitimacy: How Children of Prominent Families Discover Their Unique Place in the World. Jamie Weiner, Psy.D., is co-founder of Inheriting Wisdom, a firm that works with prominent families on the problems that exist below the surface. He is co-author of The Legacy Conversation and has been profiled in Private Wealth magazine. He is a Fellow of the Family Firm Institute. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of Money Tales, our guest is Jeff Savlov. Jeff started working at an early age in his family business, a growing commercial printing operation. His first role was to peel off strips of silver in the film that was otherwise garbage so they could sell the silver for cash. Jeff learned firsthand the challenges that come with working for your dad. As Jeff shared with us, his dad took out the business frustrations on Jeff because it was safe. Jeff, after all, was family. They ultimately hired a therapist to help address the challenging family dynamics. This experience inspired Jeff's ultimate career decision.Jeff is founder of Blum & Savlov, LLP - Family Business & Wealth Consulting and works with family businesses, high net-worth families, family offices and their advisors with a focus on balancing family dynamics with ownership and management of shared assets across generations. Jeff's specialty is working with families that want their wealth to serve current and future generations in healthy and productive ways and he loves coaching parents on raising children in a family business/wealth context to harness potential and avoid common, painful pitfalls. He speaks in the U.S. and internationally, has been quoted in the NY Times, Family Business Magazine, and authors a popular blog - “The Family Business Minute.”Jeff brings more than 25 years of unique experience in sales and marketing, business ownership, entrepreneurial endeavors and family dynamics training, along with a common sense style, to his consulting work with families. By integrating his diverse business background, extensive academic work and family dynamics/psychological training with his experience working in his family's commercial printing business, Jeff helps enterprising families to balance family dynamics and business so both will thrive for many generations.Having participated in his family's business, Jeff understands first-hand the challenges of balancing the interplay between family and business and the devastation that can befall an otherwise healthy business when this balance is not proactively managed. In the business Jeff's family owned, a consultant was brought in to work with the family, facilitated a successful reorganization of the business and helped rebuild family relationships. This is one of the primary experiences which motivated Jeff's career in family business/family wealth consulting.Jeff holds a Master of Social Work degree from Rutgers University with specializations in group dynamics and family systems theory and has a post-graduate certification from the Institute for Psychoanalysis and Psychotherapy of New Jersey (now the Center for Psychoanalysis and Psychotherapy of NJ) where he is a member of the faculty. He earned an Advanced Certificate in Family Business Advising and Fellow status from the Family Firm Institute (FFI), Boston, MA. In addition, he has consulted with Fortune 500 companies such as Bristol-Myers Squibb, Johnson & Johnson and Schering Plough. He also devotes a portion of his time to performance enhancement with corporate executives and elite high school athletes.Through membership in the Family Firm Institute, an international organization comprised of family business and family wealth advisors, consultants, educators and researchers, and the Purposeful Planning Institute, Jeff has access to the latest trends, developments, best practices and research in family business and family wealth consulting. Jeff is the founder of the Princeton Family Business Consultants Group - an interdisciplinary group of professionals serving enterprising families across the U.S. and convening to develop best practices.Jeff lives in New Jersey with his wife and two children. He coaches youth sports and makes time for his lifelong passion – ice hockey. Jeff approaches his life and work with creativity and a sense of humor.Learn more about Money Tale$ > Subscribe to the podcast

In this episode of Money Tales, our guest is Jeff Savlov. Jeff started working at an early age in his family business, a growing commercial printing operation. His first role was to peel off strips of silver in the film that was otherwise garbage so they could sell the silver for cash. Jeff learned firsthand the challenges that come with working for your dad. As Jeff shared with us, his dad took out the business frustrations on Jeff because it was safe. Jeff, after all, was family. They ultimately hired a therapist to help address the challenging family dynamics. This experience inspired Jeff's ultimate career decision. Jeff is founder of Blum & Savlov, LLP - Family Business & Wealth Consulting and works with family businesses, high net-worth families, family offices and their advisors with a focus on balancing family dynamics with ownership and management of shared assets across generations. Jeff's specialty is working with families that want their wealth to serve current and future generations in healthy and productive ways and he loves coaching parents on raising children in a family business/wealth context to harness potential and avoid common, painful pitfalls. He speaks in the U.S. and internationally, has been quoted in the NY Times, Family Business Magazine, and authors a popular blog - “The Family Business Minute.” Jeff brings more than 25 years of unique experience in sales and marketing, business ownership, entrepreneurial endeavors and family dynamics training, along with a common sense style, to his consulting work with families. By integrating his diverse business background, extensive academic work and family dynamics/psychological training with his experience working in his family's commercial printing business, Jeff helps enterprising families to balance family dynamics and business so both will thrive for many generations. Having participated in his family's business, Jeff understands first-hand the challenges of balancing the interplay between family and business and the devastation that can befall an otherwise healthy business when this balance is not proactively managed. In the business Jeff's family owned, a consultant was brought in to work with the family, facilitated a successful reorganization of the business and helped rebuild family relationships. This is one of the primary experiences which motivated Jeff's career in family business/family wealth consulting. Jeff holds a Master of Social Work degree from Rutgers University with specializations in group dynamics and family systems theory and has a post-graduate certification from the Institute for Psychoanalysis and Psychotherapy of New Jersey (now the Center for Psychoanalysis and Psychotherapy of NJ) where he is a member of the faculty. He earned an Advanced Certificate in Family Business Advising and Fellow status from the Family Firm Institute (FFI), Boston, MA. In addition, he has consulted with Fortune 500 companies such as Bristol-Myers Squibb, Johnson & Johnson and Schering Plough. He also devotes a portion of his time to performance enhancement with corporate executives and elite high school athletes. Through membership in the Family Firm Institute, an international organization comprised of family business and family wealth advisors, consultants, educators and researchers, and the Purposeful Planning Institute, Jeff has access to the latest trends, developments, best practices and research in family business and family wealth consulting. Jeff is the founder of the Princeton Family Business Consultants Group - an interdisciplinary group of professionals serving enterprising families across the U.S. and convening to develop best practices. Jeff lives in New Jersey with his wife and two children. He coaches youth sports and makes time for his lifelong passion – ice hockey. Jeff approaches his life and work with creativity and a sense of humor. See all episodes >

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 Host Ruth Steverlynck sits down with Amy Hart Clyne, co-author of Finding Her Voice And Creating A Legacy, to learn more about the genesis of this research and delve into the stories of these amazing women. Amongst what is shared are some key takeaways for advisors working with or seeking to work with women in family enterprises and women leading wealthy families.   Guest bio Amy Hart Clyne, CFP® is Chief Knowledge & Learning Officer at Pitcairn. She has dedicated more than 30 years of her financial services career to helping prosperous families fulfill the promise and potential of their legacies and achieve wealth momentum. As an expert in private wealth management, Amy has spent her career translating the needs and desires of ultra-wealthy families and their advisors into practical insights and solutions-based experiences that educate, excite, and engage.   Amy has an MBA in Marketing from Columbia Business School, Columbia University, and a BA in International Relations from Colgate University. She has earned the Certified Financial Planner™ (CFP®) designation as well as the Family Business Advisor certification from the Family Firm Institute.   You can find out more about Amy Hart Clyne on her LinkedIn.   Key Takeaways [0:26] Ruth Steverlynck welcomes today's guest, Amy Hart Clyne — Chief Knowledge and Learning Officer with Pitcairn in New York — and asks her to share a little bit about the genesis of her latest book: Finding Her Voice And Creating A Legacy.   [4:59] Amy shares the methodology she and David Jaffe used to select the women to be interviewed in the context of the book. She also talks about some surprising findings they made along the way.   [6:36] Amy talks about how the title is reflective of the two most important themes distilled from the interviews with these women of wealth both in the inherited and new wealth categories.   [9:47] Roles and outdated stereotypes are beginning to fade in society at large, but Amy shares how this phenomenon is strangely slower to reach families of wealth.   [12:08] Widowhood is rarely talked about, but Amy's book dedicates an entire chapter to the subject and its ramifications. She shares some specifics as well as a story that she heard from women of wealth on this quasi-taboo subject.   [17:38] Amy shares two distinct stories from the book that illustrate the importance of relationship building. One woman called herself the force multiplier in a blended family and the other became the driving force in fostering unity in her family.   [24:17] An entire chapter is dedicated to the role of advisors, Amy shares her perspective on how advisors can better serve women of wealth as well as some pitfalls to avoid. She also touches on what she means by legacy mindset when it comes to widowhood.   [29:19] Amy shares her advice for advisors as well as her reading recommendations.   [34:30] Ruth thanks Amy for joining us and sharing these nuggets from her research!   If you enjoyed today's episode, you can subscribe to Let's Talk Family Enterprise on Spotify, Apple Podcasts or any other podcast app. Please remember to share this episode with family, friends and colleagues. 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.   Pitcairn Finding Her Voice and Creating a Legacy: Portraits of Pioneering Women Leading Wealthy Families, by Amy Hart Clyne and Dennis T. Jaffe   Amy's reading recommendation: Think Again: The Power of Knowing What You don't Know, by Adam Grant   More about Family Enterprise Canada Family Enterprise Canada (FEC) FEC on Facebook FEC on Twitter FEC on LinkedIn

James E Hughes Jr. shares on the Five Capitals Of Wealth About: James (Jay) E. Hughes, Jr., Esq. Mr. Hughes, a resident of Aspen, Colorado, is the author of Family Wealth: Keeping It in the Family, and of Family – The Compact Among Generations, both published by Bloomberg Press, and is the co–author with Susan Massenzio and Keith Whitaker of The Cycle of the Gift: Family Wealth and Wisdom, The Voice of the Rising Generation, and Complete Faith Wealth, all published by John Wiley & Sons and is a co-author with Hartley Goldstone and Keith Whitaker of Family Trusts: A Guide to Trustees, Beneficiaries, Advisors and Protectors". In addition, he has written numerous articles on family governance and wealth preservation and a series of Reflections which can be found on his website jamesehughes.com. He was the founder of a law partnership in New York City specializing in the representation of private clients throughout the world and is now retired from the active practice of law. Mr. Hughes was a partner of the law firms of Coudert Brothers and Jones Day. He is a current active Fellow of Wise Counsel Research Foundation (www.wisecounselresearch.org) a Boston based think tank providing qualitative advice to families who seek to avoid the shirt sleeves proverb and to help their families flourish. He is a member of the Advisory Board of Arlington Partners; a Fellow of the Family Firm Institute, a member of the Society of Trusts and Estates Practitioners, a founding member of the Collaboration for Family Flourishing and a Laureate of the Purposeful Planning Institute. He has spoken frequently at numerous international and domestic symposia on the avoidance of the shirtsleeves to shirtsleeves proverb and on the dynamic growth of families' human, intellectual, social, spiritual and financial capitals toward their families' flourishing. He has authored various Forwards to multiple published works on families and their flourishing and has been cited in the New York Times, the Wall Street Journal and various professional journals. He is a member of boards of various private trust companies, an advisor to numerous investment institutions, and a member of a number of private philanthropic boards. He is a graduate of the Far Brook School, which teaches through the Arts, The Pingry School, Princeton University and The Columbia School of Law. He is a counselor to the Family Office Exchange and recipient of its Founder's Award, the recipient of the Private Asset Management Lifetime Achievement Award, the Ackerman Institute Family Partner Award, and the Wealth Management Lifetime Achievement Award.

Marc A. Silverman, PhD brings over 30 years of experience consulting to Family Businesses. He specializes in working with complex family systems of over 25 family shareholders and particularly in integrating the needs of different generations into clear succession and governance structures. An early member of this relatively new field, Dr. Silverman is considered a pioneer in Family Business, particularly in Latin America.  He has been granted “Fellow” status by the Family Firm Institute. He has worked with dozens of families in various countries, including several well-known family dynasties and has facilitated several large complex families through two succession processes. He brings over 30 years of experience in Family Business Consultation.  He has authored thirty articles in the field of Family Business, served on the Board of Advisors to Association of Organization Development of Latin America, Treasurer of Psychodynamics of Family Business Association, and as President of the International Organization Development Association for nine years.  He currently serves as Chair of Saul A. Silverman Endowment Fund and facilitates a seminar on Spiritual Leadership in addition to his consulting practice.    Please visit Marc's website for more information at www.sil-inc.net

That phrase applies generally to much of the work I do. It also applies specifically to a seminar on April 6, 2022.  It is presented by the Family Firm Institute (FFI) and FFI Fellows and graduates of the FFI GEN program are encouraged to attend. https://www.ffigen.org/courses/working-with-conflict-in-the-family-enterprise.The very creation of the course reflects the recognition that conflict is inevitable. So, let's get better at dealing with it! Some basic understanding of causes of conflict, how it can appear, how advisors can understand and monitor their own responses to conflict, some easy-to-use tools, and ideas about where to get help for difficult situations are all on the agenda. When advisors feel more competent and confident about their own abilities around conflict, it is truly a win-win situation. Do you have comments or suggestions about a topic or guest? An idea or question about conflict management or conflict resolution? Let me know at jb@dovetailresolutions.com! And you can learn more about me and my work as a mediator and a Certified CINERGY® Conflict Coach at www.dovetailresolutions.com and https://www.linkedin.com/in/janebeddall/.Enjoy the show for free on your favorite podcast app or on the podcast website: https://craftingsolutionstoconflict.com/And you can follow us on Twitter @conflictsolving. 

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 Ruth Steverlynck sits down with Christian Stewart, Founder and Principal of Family Legacy Asia, and 2021 recipient of the Family Firm Institute's Interdisciplinary Award, to discuss the characteristics and merits of working in collaborative advisory teams.   Guest bio Christian Stewart founded Family Legacy Asia in July 2008 to help Asian families preserve their family wealth for generations by providing them with independent and objective advice on effective family governance practices.   Christian works with enterprising families as a process consultant, coach, and family meeting facilitator. He helps families to form their own family council, family constitution, and family policies, often in the context of planning for succession. Christian also advises a small number of families on family learning & development and acts as a chief learning officer.   You can find out more about Christian Stewart on the Family Legacy Asia website and LinkedIn.   Key Takeaways [:26] Ruth Stevelynck welcomes Christian Stewart, Founder of Family Legacy Asia, and asks him to talk a little bit about his career trajectory and what brought him to family enterprise advising.   [8:17] Christian was honored with the Family Firm Institute Interdisciplinary Award for 2021, he touches on what interdisciplinarity truly is as opposed to multidisciplinarity.   [12:19] Working with advisory teams is a part of what Christian does; he delves a little deeper into the three different aspects of interdisciplinarity when it comes to actually advising clients.   [18:14] External resources are an integral part of how an interdisciplinary team optimally functions, Christian shares an example of how this can manifest.   [20:25] Christian shares his thoughts and tips on how to best build a collaborative team when one is the newest addition to a team.   [26:45] Fostering team cohesiveness requires intentionality, Christian shares his expertise and best practices around building collaboration.   [29:00] Family enterprises that don't have a cohesive, intentional approach — i.e. siloed approaches — face some risks, Christian explains how and shares a few examples.   [35:44] Christian shares his one piece of advice as an advisor for other advisors as well as his book recommendations. [43:26] Ruth thanks listeners for taking time to tune in, and invites them to 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. Interdisciplinary Award — FFI Tara Brach More Time to Think: A Way of Being in the World, by Nancy Kline The Different Drum: Community Making and Peace, by M. Scott Peck, M.D. Healing Collective Trauma: A Process for Integrating Our Intergenerational and Cultural Wounds, by Thomas Hübl   More about Family Enterprise Canada Family Enterprise Canada (FEC) FEC on Facebook FEC on Twitter FEC on LinkedIn

Russ is a UK based family business adviser and has been working with families in business for 15 years. He holds the Advanced Certificate in Family Business Advising, awarded by the Family Firm Institute and recognized globally as one of the primary certifications for those providing advice to family business owners. As well as providing dedicated consultancy support to families in business, Russ is also the host of the widely acclaimed Family Business Podcast which has a global audience and is supported by the Institute for Family Business. Russ is the Co-Director of “The Quest for Legitimacy”, a global academic research project giving a voice to the Rising Generation. Russ is also a member of the Advisory Board and Faculty for The Ultra High Net Worth Institute, a US based not-for-profit think tank.Join us on the Get Hired Up podcast to discuss technology and family businesses, family dynamics, legacy documents, shadowing pre-established wealth, and more.

Tom McCullough is Chairman and CEO of Northwood Family Office, a Toronto-based multi-family office serving the comprehensive needs of families of significant net worth. In this episode, Tom discusses how he supports families during financial and emotional transitions and reveals how he builds trust with families to disclose sensitive information. Tune in as we chat about preparing for the unexpected when it comes to family planning, the inspiration behind Tom's books, and the advice Tom would give a former version of himself.    IN THIS EPISODE:   [02:50] How Tom supports families during financial and emotional transitions. [06:20] Tom speaks about getting people to disclose sensitive information to him as an advisor.  [11:55] Ways to prepare for the unexpected when it comes to family planning.  [17:40] The inspiration behind Tom's book, The Top 50 Questions Wealthy Families Ask [22:15] The advice that Tom would give a former version of himself.    KEY TAKEAWAYS:   Advisors need to know what they are qualified and capable of dealing with. While on the other hand, they also need to know when it's time for a professional referral.  A family office should be objective; that way, it will bring clients into a zone of trust.  Be easier on yourself and others.  Practice more grace.    LINKS MENTIONED:   Website www.northwoodfamilyoffice.com   Books 'Wealth of Wisdom: The Top 50 Questions Wealthy Families Ask' and 'Family Wealth Management: 7 Imperatives for Successful Investing in the New World Order'   The Top 50 Questions Wealthy Families Ask www.wealthofwisdombook.com/podcast/ https://oconnorpg.com/podcasts/supporting-clients-through-life-transitions-with-tom-mccullough  BIO:   Tom McCullough is Chairman and CEO of Northwood Family Office, a Toronto-based multi-family office serving the comprehensive needs of families of significant net worth. He is also the co-author of 'Wealth of Wisdom: The Top 50 Questions Wealthy Families Ask' and 'Family Wealth Management: 7 Imperatives for Successful Investing in the New World Order'.  Tom has spent over 30 years in the wealth management/ family office field, initially in senior executive roles with RBC wealth management. The combination of this background, along with his own family's need for a truly comprehensive, customized and confidential service, led him to found one of Canada's first multi-family offices, dedicated to families looking for objective advice and boutique-style service. Northwood has quickly become one of the leaders in its field and has been consistently recognized as the top independent family office in Canada by Euromoney in its global private banking survey. Tom is a frequent speaker on wealth management and family issues. He is an Adjunct Professor of Finance at the University of Toronto's Rotman School of Management where he teaches ‘The Management of Private Wealth' in the MBA program. He is also an Entrepreneur-in-Residence at Western University's Ivey School of Business. Tom is a member of the Editorial Board of the Journal of Wealth Management and holds a certificate in Family Business Advising from the Family Firm Institute.

Nike Anani is an executive to her family's enterprise, speaker, author, and mother of 2 children. She worked at Deloitte London for 3 years then relocated to Nigeria to work on her family's businesses.  Nike is the Co-Founder of African Family Firms, a pan-African association of family businesses. Nike will discuss her time in London and how relocating to Nigeria has set the tone for the rest of her career.https://nikeanani.com/Nike Anani Bio:Nike Anani is a Speaker, Author, and Consultant to NextGens that seek to lead their Family Businesses. She helps NextGens rise above operations into a non-executive board role withcredibility, so that they are able to lead and formulate a plan to future-proof the business, becoming more effective change agents. Nike fuses her inside experience as a NextGen executive in her Family's Enterprise, as a Chartered Accountant, and as a Family Business Advisor to bring practical proven solutions to the table.Nike has almost a decade of experience working in African family businesses, as a NextGen in her parents' businesses, and also as a co-founder of several others. This inside experience as a NextGen birthed a passion to help others in similar shoes as herself in being effective change champions that collaborate with other family members and stakeholders in co-building legacy businesses that would outlive them. After graduating from University College London, United Kingdom, with a degree in Economics in 2008, Nike worked at Deloitte London for 3 years in Corporate Tax International where she qualified as a Chartered Accountant. Thereafter in 2011, she relocated to Lagos, Nigeria to work in her family's businesses.She is the co-founder of African Family Firms, a pan-African association of family businesses, and the author of “Building Resilient Family Enterprises”. She is a member of Family Firm Institute. Nike is rated as one of the top 100 Consultants globally in the Family Enterprise World by Family Capital, a leading online publication for Family Businesses.She is happily married and a mother to two young boys, who are her biggest sources of inspiration to leave a lasting legacy on our world.Make sure to subscribe & review Lady Empire above for the opportunity to be featured!

Learn More about the Designing Your Life Program here Is it time to get creative? Consistent involvement in the arts offers multiple benefits, including for your health and well-being. Our guest, Teresa Bonner, Executive Director of Aroha Philanthropies, explains how creative pursuits in retirement can enrich your life. We discuss: Her mission in her encore career Gene Cohen's work at George Washington University on aging and creativity The range of artistic endeavors she sees people engaging with in mid-to-later life The challenges people face when they leave the workplace and how involvement with the arts is useful The benefits of intergenerational arts programs How getting involved with the arts can help caregivers Her advice for someone who doesn't think they're a creative person The benefit of being a novice in an artistic activity How to get started with a creative activity _________________________ Bio Teresa Bonner is a frequent speaker on philanthropy, most recently to California and Minnesota affiliates of the Family Firm Institute, estate planning councils and planned giving councils. For Aroha Philanthropies, Teresa leads the foundation and directs efforts to seed, develop, expand and advocate for creative aging programs across the country. She has created cohorts of arts organizations and senior-serving organizations that have developed creative aging programs and managed the evaluation of these programs nationally. Teresa has spoken about creative aging at conferences of Grantmakers in the Arts, Grantmakers in Aging, the American Society on Aging, the Gerontological Society of America, the National Assembly of State Arts Agencies, the National Guild for Community Arts Education and other organizations. Prior to joining Family Philanthropy Advisors in 2008, Teresa was Senior Vice President and head of Business Development and Charitable Services for U.S. Bank's Private Client Group, where she oversaw new business development and services offered to high-net-worth clients, including private foundation services, grantmaking, endowment management and charitable services. In addition to her foundation management roles, Teresa has served as Executive Director of Milkweed Editions, an acclaimed nonprofit literary publisher, and as Executive Director of the Library Foundation of Hennepin County, where she directed planning and implementation of marketing, fundraising, promotional, programming, public relations, grant administration and volunteer functions for one of the country's largest library systems.  Prior to her work in the nonprofit and philanthropic sector, Teresa was a partner in the Minneapolis law firm of Lindquist and Vennum. Between 2001 and 2007, Teresa chaired the board of directors of MacPhail Center for Music, one of the country's largest community music schools, where she led the transformation of that organization's governance, successfully completed a major capital campaign for the creation of a new flagship facility, and chaired the Center's grand opening celebrations.  She has served on several other nonprofit boards and has been a frequent panelist for the National Endowment for the Arts.  Teresa won the “Woman Changemaker” award from the Minneapolis St. Paul Business Journal in 2004. ______________________ For More on Teresa Bonner Aroha Philanthropies ______________________ Wise Quotes  On Creativity & Aging "Gene Cohen was such a proponent of the concept that as we get older our capacity for creativity increases. It doesn't decrease as so many of us were taught when we were younger. And so what he did working with The National Endowment for the Arts, [was] a major study on what happened to older adults who participated in some professionally run arts learning programs. And what he found was that there were a whole array of benefits - mental, emotional, and physical - that came from this kind of activity.

James Hughes, a resident of Aspen, Colorado, is the author of Family Wealth: Keeping It in the Family and Family – The Compact Among Generations. First, Mr. Hughes speaks about family governance and explains why families need it. He also discusses the work he has done as an advisor to high-net-worth clients, and what are some of his favorite resources to share for his clients. Tune in as we talk about the four functions needed for the human community to prosper and how power plays a role in family dynamics.   IN THIS EPISODE:   [02:05] What is family governance and do all families need it?  [07:00] How families have been rediscovering themselves during the pandemic.  [10:35] Mr. Hughes speaks about navigating his work as an advisor to families.  [15:15] Working with high-net-worth families, Mr. Hughes recommends his favorite resources.  [21:00] The four functions needed for the human community to prosper.   KEY TAKEAWAYS:   The pandemic has asked people to actually get to know each other again.  Do you know how your family learns? That's something you need to figure out so you can grow and flourish together.  Families can prepare themselves to wake up if they know how each other learns.  All relationships are relationships that involve power. Find ways to use your power together.      LINKS MENTIONED:   Website www.jamesehughes.com   Power and Love https://www.amazon.com/dp/B005P2A6IE/   https://oconnorpg.com/podcasts/james-hughes-discusses-preserving-assets-and-creating-legacy BIO:   Mr. Hughes, a resident of Aspen, Colorado, is the author of Family Wealth: Keeping It in the Family, and of Family – The Compact Among Generations, both published by Bloomberg Press, and is the co–author with Susan Massenzio and Keith Whitaker of The Cycle of the Gift: Family Wealth and Wisdom, The Voice of the Rising Generation, and Complete Faith Wealth, all published by John Wiley & Sons and is a co-author with Hartley Goldstone and Keith Whitaker of Family Trusts: A Guide to Trustees, Beneficiaries, Advisors and Protectors". In addition, he has written numerous articles on family governance and wealth preservation and a series of Reflections which can be found on his website jamesehughes.com.  He was the founder of a law partnership in New York City specializing in the representation of private clients throughout the world and is now retired from the active practice of law. Mr. Hughes was a partner of the law firms of Coudert Brothers and Jones Day.  He is a current active Fellow of Wise Counsel Research Foundation (www.wisecounselresearch.org) a Boston based think tank providing qualitative advice to families who seek to avoid the shirt sleeves proverb and to help their  families flourish. He is a member of the Advisory Board of Arlington Partners; the Chair Emeritus of Lineage Private Trust Company, a Fellow of the Family Firm Institute, a member of the Society of Trusts and Estates Practitioners, a founding member of the Collaboration for Family Flourishing, a Laureate of the Purposeful Planning Institute, and a Founding Advisor to the Sino-American Family Office Foundation. He has spoken frequently at numerous international and domestic symposia on the avoidance of the shirtsleeves to shirtsleeves proverb and on the dynamic growth of families' human, intellectual, social, spiritual and financial capitals toward their families' flourishing. He has authored various Forwards to multiple published works on families and their flourishing and has been cited in the New York Times, the Wall Street Journal and various professional journals. He is a member of boards of various private trust companies, an advisor to numerous investment institutions, and a member of a number of private philanthropic boards. He is a graduate of the Far Brook School, which teaches through the Arts, The Pingry School, Princeton University and The Columbia School of Law. He is a counselor to the Family Office Exchange and recipient of its Founder's Award, the recipient of the Private Asset Management Lifetime Achievement Award, the Ackerman Institute Family Partner Award, and the Wealth Management Lifetime Achievement Award.

Nike Anani is a Speaker, Author and Consultant to NextGens that seek to lead their Family Businesses. She helps NextGens rise above operations into a non-executive board role with credibility, so that they are able to lead and formulate a plan to future-proof the business, becoming more effective change agents. Nike fuses her inside experience as a NextGen executive in her Family's Enterprise, as a Chartered Accountant and as a Family Business Advisor to bring practical proven solutions to the table. Nike has almost a decade of experience working in African family businesses, as a NextGen in her parents' businesses and also as a co-Founder of several others. This inside experience as a NextGen birthed a passion to help others in similar shoes as herself in being effective change champions that collaborate with other family members and stakeholders in co-building legacy businesses that would outlive them. After graduating from University College London, United Kingdom, with a degree in Economics in 2008, Nike worked at Deloitte London for 3 years in Corporate Tax International where she qualified as a Chartered Accountant. Thereafter in 2011, she relocated to Lagos, Nigeria to work in her family's businesses. She is the co-founder of African Family Firms, a pan-African association of family businesses, and the author of “Building Resilient Family Enterprises”. She is a member of Family Firm Institute. Nike is rated as one of the top 100 Consultants globally in the Family Enterprise World by Family Capital, a leading online publication for Family Businesses. She is happily married and a mother to two young boys, who are her biggest sources of inspiration to leave a lasting legacy on our world. Connect with Jacent: Text “FREEDOM” to 702 829 5260 On Instagram At WamalaWellness.com On Youtube SUBSCRIBE | The Jacent's Gems Podcast On Anchor.fm On Apple Podcasts Sponsorships: off for this episode --- Support this podcast: https://anchor.fm/jacentsgems/support

"We cannot always build the future for our families, but we can build our families for the future" After a stellar 20-year career of groundbreaking accomplishments as a lawyer and 6 years of making philanthropic investments at the second largest foundation in the U.S., the Ford Foundation, my guest, Thomasina Williams realized her personal passion and professional mission to help others avoid the loss of wealth and fracturing of relationships that befell her family. Thomasina facilitates and coaches business-owning individuals and families to build stronger relationships and make better decisions, so their families flourish and businesses thrive across generations. She was the very first consultant in the nation hired by Wells Fargo Private Bank to go in-house and play a leadership role in building a new internal group to support its ultra-high net worth clients in navigating the family side of wealth. Thomasina earned a Bachelor of Arts degree from Mount Holyoke College, and a Juris Doctor degree from the University of Michigan Law School. She is a longtime student of Bowen Family Systems Theory, a Certified Resilient Leadership Coach, and a Conversational Intelligence Coach. Thomasina holds certificates in Advanced Family Business Advising and Family Wealth Advising from the Family Firm Institute. She is also a member of the Purposeful Planning Institute, where she serves on its Advisory Board; the Galliard Family Business Advisor Institute, where she serves on its Board; the Independent Trustee Alliance; and The Florida Bar. Additionally, Thomasina serves on the Advisory Board of Enterprising Women magazine and the Advisory Council of the Women Business Collaborative, and is a member of the Inner Circle of How Women Lead. Host: Brittany Sharpton

James E Hughes Jr. shares on Energy is the powerful tool of Generational Wealth About: James (Jay) E. Hughes, Jr., Esq. Mr. Hughes, a resident of Aspen, Colorado, is the author of Family Wealth: Keeping It in the Family, and of Family – The Compact Among Generations, both published by Bloomberg Press, and is the co–author with Susan Massenzio and Keith Whitaker of The Cycle of the Gift: Family Wealth and Wisdom, The Voice of the Rising Generation, and Complete Faith Wealth, all published by John Wiley & Sons and is a co-author with Hartley Goldstone and Keith Whitaker of Family Trusts: A Guide to Trustees, Beneficiaries, Advisors and Protectors". In addition, he has written numerous articles on family governance and wealth preservation and a series of Reflections which can be found on his website jamesehughes.com. He was the founder of a law partnership in New York City specializing in the representation of private clients throughout the world and is now retired from the active practice of law. Mr. Hughes was a partner of the law firms of Coudert Brothers and Jones Day. He is a current active Fellow of Wise Counsel Research Foundation (www.wisecounselresearch.org) a Boston based think tank providing qualitative advice to families who seek to avoid the shirt sleeves proverb and to help their families flourish. He is a member of the Advisory Board of Arlington Partners; a Fellow of the Family Firm Institute, a member of the Society of Trusts and Estates Practitioners, a founding member of the Collaboration for Family Flourishing and a Laureate of the Purposeful Planning Institute. He has spoken frequently at numerous international and domestic symposia on the avoidance of the shirtsleeves to shirtsleeves proverb and on the dynamic growth of families' human, intellectual, social, spiritual and financial capitals toward their families' flourishing. He has authored various Forwards to multiple published works on families and their flourishing and has been cited in the New York Times, the Wall Street Journal and various professional journals. He is a member of boards of various private trust companies, an advisor to numerous investment institutions, and a member of a number of private philanthropic boards. He is a graduate of the Far Brook School, which teaches through the Arts, The Pingry School, Princeton University and The Columbia School of Law. He is a counselor to the Family Office Exchange and recipient of its Founder's Award, the recipient of the Private Asset Management Lifetime Achievement Award, the Ackerman Institute Family Partner Award, and the Wealth Management Lifetime Achievement Award.

Name: Nike Anani Current Title: Founder at Nike Anani Consulting    About Nike: Nike Anani is an entrepreneur, Speaker, and Consultant. She was rated as a top-100 Family Business Consultant globally. She helps her clients bridge the gap between the senior and younger generations. As a result, they communicate, collaborate, and collectively gain clarity, to increase profit and productivity in their family businesses. With over a decade of family business expertise in Nigeria, Nike helps owners lead their family organizations to long-term impact and legacy. Her inside experience as a second-generation family business owner birthed a passion to help other families in building legacy enterprises that would outlive them. Nike is an accountant (ex-Deloitte UK) and a top-rated family business expert, with a Family Business and Wealth advisor qualification from Family Firm Institute. She is the co-founder of African Family Firms, a pan-African association of family businesses, and the host of "The Connected Generation" podcast - a top-10 Family Business podcast globally. Nike's clients choose to engage her, not only because of her extensive professional training but also because of her practical experience as both a business founder and a NextGen. This allows her to uniquely empathize with both generations and act as a connector. Nike is a champion for diversity and celebrates the uniqueness in every individual, family, and business.   DURING THIS EPISODE WE DISCUSSED: The state of Black family-owned businesses Why creating a legacy plan for your business is important Knowing when to start estate planning Tips for setting boundaries with family in business How to involve and groom your children or the future owners/decision-makers of your business early How to build a business that will outlast you The importance of bridging the gaps between generations in business Are you a business owner looking to get more clients and exposure? Does your business provide professional services that would be beneficial for a business owner starting their business? If so, submit your business to be listed in our directory, The Connect!  You may submit your business at:  https://blacktobusiness.com/theconnect/   For complete show notes and resources mentioned for this episode go to: blacktobusiness.com/71    Thank you so much for listening! Please support us by simply rating and reviewing our podcast!

Nike has almost a decade of experience working in African family businesses, as a NextGen in her parents' businesses and also as a co-Founder of several others. This inside experience as a NextGen birthed a passion to help others in similar shoes as herself in being effective change champions that collaborate with other family members and stakeholders in co-building legacy businesses that would outlive them.After graduating from University College London, United Kingdom, with a degree in Economics in 2008, Nike worked at Deloitte London for 3 years in Corporate Tax International where she qualified as a Chartered Accountant. Thereafter in 2011, she relocated to Lagos, Nigeria to work in her family's businesses.She is the co-founder of African Family Firms, a pan-African association of family businesses, and the author of “Building Resilient Family Enterprises”. She is a member of Family Firm Institute. Nike is rated as one of the top 100 Consultants globally in the Family Enterprise World by Family Capital, a leading online publication for Family Businesses.CONNECT WITH NIKE:Website: www.nikeanani.comFacebook: @nikeananiInstagram: @nikeananiLinkedIn:  @nikeananiTwitter: @NikeAnani

Ep 42: How Conflict Can Become a Catalyst For Good Within The Family Enterprise  Listen in on another Family Biz Show as we talk all things conflict! Kathy Holub* & Greg McCann* join us as we discuss how it can actually become a catalyst for good within the family enterprise.  During this live episode, you'll learn:  The three components of a thriving family enterprise.  The cost of not dealing with conflict  How changing our mindset can better frame your family's involvement with the business.  This Weeks Guests  Kathy Holub*  Kathy Holub is a consultant and coach who helps families resolve conflicts over inheritance, estates, family enterprises, and other common sources of tension.  She specializes in helping families use their differences as a catalyst for solving problems and strengthening relationships.  She also coaches individuals on how to navigate conflict when family members aren't interested in facilitation or mediation – or when wild horses couldn't drag them in.     Kathy's twenty years of experience in conflict resolution are grounded in her love of teaching.  She is a Lecturer at Harvard and Columbia Law Schools, where she has taught negotiation for many years.  She is a seasoned negotiation trainer who has helped thousands of CEOs, senior executives and professionals become better negotiators.  She has conducted programs for Regeneron Pharmaceuticals, the Brunswick Group, Naspers, Cleary Gottlieb, FINRA, the Clinton Foundation, Columbia University, the U.S. Bankruptcy Court, Montefiore Medical Center, and the New York City Council, among others.  She has also advised business owners on specific negotiation challenges.  She is a frequent speaker on negotiation-related topics and has delivered many Continuing Legal Education (CLE) programs on negotiation.    A former journalist and Pulitzer Prize-winner, she has edited four books, including “Bargaining With the Devil: When to Negotiate, When to Fight,” by Harvard Law Professor Robert H. Mnookin (Simon & Schuster 2010).  She holds a JD from Yale Law School and a bachelor's degree from Harvard University.  She clerked for then-Judge Sonia Sotomayor in the Southern District of New York and practiced law for two years before moving into teaching and consulting.  She is based in New York City.  Kathy can be reached at kathy@kathyholub.com and through her website, www.kathyholub.com.  Professional certifications:  Family Firm Institute: dual certificate in Family Business Advising & Family Wealth Advising   Stalder Mediation: advanced mediation  The Center for Understanding in Conflict: mediation  Ackerman Institute for the Family: Foundations in Family Therapy  New York Peace Institute: mediation   Memberships:  Family Firm Institute  New York City Bar Association  Greg McCann*  As an author, educator, coach, consultant, and speaker, Greg McCann works with family enterprises in the areas of leadership, team building, succession, communication, conflict resolution, and with a special emphasis on helping the next generation succeed in their careers and lives. Greg has coached leaders, executives, and the rising gen for over 20 years and is certified in Leadership Agility, Challenge of Change in Resilience and Myers-Briggs Type Indicator.   As a consultant McCann has helped numerous family enterprises transition to future generations. By including all involved members of the family and the business in the consulting process, he ensures that all perspectives are considered. Thus, his clients are able to identify key issues, which can then be addressed directly and honestly in the context of long-term family relationships.   As a speaker McCann addresses national trade associations, universities and family business forums on Leadership, Character, Generational Opportunities and Family Enterprise. He also speaks about Vertical Leadership Development and Coaching and Mentoring. He speaks with the voice of experience—in an approachable and humorous, yet highly focused style.   As a thought leader and author, McCann has published many valuable works on family enterprise. His most recent book, Who Do You Think You Are? is about aligning your character with your reputation. His previous book, When Your Parents Sign the Paychecks, deals with the challenges faced by the next generation in family business. The work received a bronze medal in the career category at the 2008 Axiom Business Book Awards. Along with James Hughes, in 2017 he co-created a Chief Learning Officer learning community.  McCann is certified in, has presented extensively, and has written about the Myers-Briggs Type Indicator as well as Leadership Agility, including their special applications to coaching individuals and family enterprise. As a coach, McCann has worked with family enterprise leaders, executives, and members of the rising gen since 1998. His approach combines greater self-awareness with creating more effective action and richer relationships. This includes working to align your character with your reputation.   McCann, now retired after 27 years in academia, was founder and director of the Family Enterprise Center at Stetson University, where he led the effort to develop the nation's second minor and first undergraduate major in Family Enterprise. He coached his students for over 17 years. He also was the EMBA Cohort Coach.  McCann is a graduate of Stetson University and the University of Florida, College of Law (J.D.) and has served on the Board of Directors of the Family Firm Institute (FFI) (2005-2008). He was awarded the institution's 2016 Interdisciplinary Award for outstanding achievement in the advancement of interdisciplinary services to business families and the 2006 Barbara Hollander Award acknowledging him for a lifetime of achievement in family enterprise education. He is a FFI Fellow and is certified in Family Business and Family Wealth Advising from FFI. He proudly serves on the InnerWill Board of Directors as well as the Cornell University's Family Business Center Board of Advisors.  McCann and Associates is a boutique firm that has worked over the last two decades with family enterprises throughout the U.S. We help cultivate the commitment to family, greater trust, values-based decision making, and longer-term thinking that are vital strengths in well run family enterprises. For more information: www.greg-mccann.com  ----------------  *Not affiliated with Lincoln Financial Advisors Corp.  Michael Palumbos is a registered representative of Lincoln Financial Advisors Corp.   Securities and investment advisory services offered through Lincoln Financial Advisors Corp., a broker/dealer (member SIPC) and registered investment advisor. Insurance offered through Lincoln affiliates and other fine companies.   Family Wealth and Legacy LLC is not an affiliate of Lincoln Financial Advisors Corp.  CRN-3754845-091021

 Ep 38 – Psychological and Practical Pitfalls in Family Business Transitions. During Episode 38 of The Family Biz Show, we talk to Dr. Steven Rolfe* & Renee Fellman* about business problems & family dynamics.  Major challenges that can occur in transition of the family business  Chicken or the egg? What the symptoms of those challenges could look like  How to create a family game plan to manage transition  The crossover that exists between turnarounds & transitions    This Weeks Guests  Renee Fellman*  Renee Fellman is an award-winning turnaround expert who has rescued multiple family businesses from the brink of disaster. In demanding situations, she has:    *   Spearheaded the planning and implementation of strategic, operational and financial improvements    *   Created product, process and culture change    *   Designed and installed management accountability systems    *   Recruited and built high performance teams    *   Cleaned up acquisitions-gone-bad    *   Enhanced family relationships    *   Led succession planning, including hiring three non-family member CEOs    *   Worked effectively with all-family-member boards of directors  Renee has been a speaker at the international conferences of the Family Firm Institute and Turnaround Management Association and has been featured in and/or written articles for national and international publications.  Currently, she is an Executive in Residence at the Technology Association of Oregon and writes a quarterly national column for the American City Business Journals.  For additional information, please visit her website. Steven Rolfe, M.D*   Dr. Rolfe, Founder and Managing Principal of Rolfe Advisory, has dedicated his career to understanding human behavior, motivation and conflict management. His expertise enables him to help clients reflect on their priorities and behaviors, leading to improved productivity and effectiveness. He has advised executives at all levels of organizations to develop the psychological acumen necessary to lead, strategize, and negotiate on behalf of their company successfully. To his clients, Dr. Rolfe is a trusted confidante, initiating practical conversations on the dynamics and challenges of leadership and other aspects of corporate life.  CONSULTING WORK  Dr. Rolfe has served as Principal of the Boswell Group LLC since 2004.  He advises CEO's, corporate directors and other senior business leaders on psychological and interpersonal aspects of management and leadership. He has worked with investment professionals; equity, derivative and bond traders; entrepreneurs; venture capitalists; corporate attorneys and leaders of nonprofit institutions. His clientele represents a wide range of fields, including finance, real estate, law, entertainment, medicine, engineering and pharmaceuticals. A current focus has been working in the health care sector – coaching physicians and executives in health care organizations, pharmaceutical companies and medical start-ups. Dr. Rolfe has been a Senior Associate with the Kets de Vries Institute (KDVI), an international management consultancy based in Paris, London, Asia and the Americas. In his work with KDVI and INSEAD, Dr. Rolfe has participated in coaching the Fellows of the World Economic Forum, and has served as a group executive coach for NGO's with INSEAD's Global Leadership Center (IGLC). Since 2011, he has served as an Executive Coach in the McNulty Leadership Program at Wharton at the University of Pennsylvania.  CORPORATE & HEALTHCARE EXPERIENCE  Prior to his consulting work, Dr. Rolfe's corporate administrative experience in the health care sector spanned 20 years. He has served as the Medical Director for a range of clinical services in for-profit and not-for-profit settings, including First Hospital Corporation (now ValueOptions, Inc.), Universal Health Services, the Psychoanalytic Center of Philadelphia's Adult Psychotherapy Program and Division of Consultation and Evaluation Services, the Preteen Program at the Horsham Clinic in Ambler, PA and the Children's Program at Friends Hospital in Philadelphia. In these capacities, Dr. Rolfe developed and directed psychiatric in-hospital and day-treatment facilities. He has lead and supervised multidisciplinary teams, often in the context of considerable downsizing of resources.  EDUCATION & FORMAL TRAINING  A Philadelphia-area native, Dr. Rolfe received his B.A. in Comparative Literature from the University of Pennsylvania and his M.D. from Tufts University School of Medicine. He completed Adult Psychiatry training at Tufts University Affiliated Hospitals, and a Child Psychiatry Fellowship at McLean Hospital in Belmont, Massachusetts. He was Clinical Instructor in Psychiatry at the Harvard Medical School. He completed psychoanalytic training at the Psychoanalytic Center of Philadelphia, where he is currently a faculty member. In 2009 he earned his Certificate in Family Business Advising from The Family Firm Institute, and has pursued his interest in developing and working with family councils and owners as they consider transition and succession planning.  MEMBERSHIPS  Dr. Rolfe is a member of the Psychoanalytic Center of Philadelphia and the American Psychoanalytic Association, where he serves as Co-Chair of the Comittee on Organizational and Corporate Consultation. He is  a member of the American Medical Association, XPX Exit Planning Exchange, Attorneys for Family-Held Enterprises, the Family Firm Institute, and is a former member of the Board of Trustees of the Rosenbach Museum and Library in Philadelphia.  ------ Michael Palumbos is a registered representative of Lincoln Financial Advisors Corp.   Securities and investment advisory services offered through Lincoln Financial Advisors Corp., a broker/dealer (member SIPC) and registered investment advisor. Insurance offered through Lincoln affiliates and other fine companies.   Family Wealth and Legacy LLC is not an affiliate of Lincoln Financial Advisors Corp.  *Not affiliated with Lincoln Financial Advisors Corp.    CRN-3672491-071421

Ep 36 - Navigating Change Within the Family Enterprise  Listen in as we talk to Nike Anani and Tsitsi Mutendi about the intricacies of navigating change within the family enterprise, specifically the unique challenges that come with building the “generational bridge”.   During this episode, we will be focused on the following:  Succession - building a generational bridge to connect the generations.  Governance - shared history, shared values, shared vision.  Navigating disruption and business continuity.  This Weeks Guests:  Nike Anani  Co-Founder of African Family Firms  Nike Anani is an entrepreneur and a Consultant. She was rated as a top-100 Family Business Consultant globally. She helps her clients bridge the gap between the senior and younger generations. As a result, they communicate, collaborate and collectively gain clarity, to increase profit and productivity in their family businesses. With over a decade of family business expertise in Nigeria, Nike helps owners lead their family organizations to long-term impact and legacy. Her inside experience as a second generation family business owner birthed a passion to help other families in building legacy enterprises that would outlive them. Nike is an accountant (ex-Deloitte UK) and a top-rated family business expert, with a Family Business and Wealth advisor qualification from Family Firm Institute. She is the co-founder of African Family Firms, a pan-African association of family businesses, and the host of "The Connected Generation" podcast.  Nike's clients choose to engage her, not only because of her extensive professional training, but also because of her practical experience as both a business founder and a NextGen. This allows her to uniquely empathies with both generations and act as a connector.  Nike is a champion for diversity and celebrates the uniqueness in every individual, family and business.  You can contact Nike at nikeanani.com & follow her on Facebook, Instagram and LinkedIn.  Tsitsi Mutendi   FAMILY BUSINESS AND FAMILY OFFICE ADVISOR (Nhaka Legacy Planning)CO-FOUNDER, AFRICAN FAMILY FIRMS (African Business Association)   Tsitsi is Founder and Lead Consultant at Nhaka Legacy Planning. She is also Co-Founder at African Family Firms (A non profit Africa Family Business Association) Tsitsi Mutendi is a well-versed, award winning business woman with over 12 years experience building her own successful publishing and education businesses, during this time Tsitsi developed a passion to assist family businesses build multi-generational businesses which translate into multigenerational legacies. Tsitsi is recognised globally for her business acumen and world class delivery. Through various board appointments in numerous industries, Tsitsi has had exposure to many global business development strategies especially in Africa. Tsitsi has vast international business and family business experience. Today, Tsitsi is the founder and owner of Nhaka Legacy Planning which she formed in 2018. Her main focus is on working with Individuals, Family Businesses and Families of wealth in Family Governance and Family governance tools as well as working with Family Offices to create relevance between Family and Office. Her other expertise includes; family communication coaching, family & business strategic planning, corporate governance, succession planning, business continuity strategies, conflict resolution & mediation, coaching and mentoring. Tsitsi is a certified Family Business Advisor and Family Wealth Advisor through the global Family Business Education Network, Family Firms Institute. Her passion for family business has awarded her the opportunity to be an international speaker and author on the subject, particularly on family governance and business continuity. Tsitsi has a weekly podcast called Enterprising Families that focuses towards discussing issues that affect Families Enterprises and family businesses to manage better their journeys as families in business and issues that are of interest to them. Tsitsi also owns and runs a successful group of Montessori Primary Schools. Most importantly Tsitsi is wife and Mom to 3 cherished children (Jasmine Mufaro, Daniel Djimon and Nyasha Maia) who have given her more motivation to leave an impactful legacy. You can tune into her podcast Enterprising Families Podcast on Apple Podcasts.     --------  Michael Palumbos is a registered representative of Lincoln Financial Advisors Corp.   Securities and investment advisory services offered through Lincoln Financial Advisors Corp., a broker/dealer (member SIPC) and registered investment advisor. Insurance offered through Lincoln affiliates and other fine companies.   Family Wealth and Legacy LLC is not an affiliate of Lincoln Financial Advisors Corp.  CRN-3653344-063021  

In this episode of Money Tales, our guest is Steve Legler. From birth, Steve was the anointed successor to the family business his father created. It wasn't his dream to take over the business, but Steve knew it was his duty to take on these responsibilities. After getting his MBA, he was told the business was to be sold and there was not going to be anything for him to run. Steve was relieved! Steve is a Family Legacy Advisor based in Montreal, Canada. After the unexpected sale of the family business in his 20's, he ended up managing their family office instead. He also married into a business family, where he has witnessed a number of other complex issues. In 2013, Steve stumbled upon the Family Enterprise Advisor (FEA) program in Canada, which turned into a career-changing calling for him. Since then, he has been working with other business families as they face the challenges surrounding their intergenerational transitions. Steve works with family clients as a facilitator and sometimes as a mediator. He also does individual coaching with family members. Steve recognizes how complex the world of family wealth transitions can be and prides himself on knowing how to be a great resource for his clients. Steve is the author of “SHIFT your Family Business” (2014) and “Interdependent Wealth: How Family Systems Theory Illuminates Successful Intergenerational Wealth Transitions” (2019.) He is active in many associations for professionals who work with families, including the FEA Council of the Family Enterprise eXchange, the Wisdom Expedition of the Purposeful Planning Institute, and the faculty of the Family Firm Institute global education network program. Learn more about Money Tale$ > Subscribe to the podcast Recent episodes See all episodes > Form CRS Form ADV Terms of Use Privacy Rights and Policies

In this episode of Money Tales, our guest is Steve Legler. From birth, Steve was the anointed successor to the family business his father created. It wasn't his dream to take over the business, but Steve knew it was his duty to take on these responsibilities. After getting his MBA, he was told the business was to be sold and there was not going to be anything for him to run. Steve was relieved! Steve is a Family Legacy Advisor based in Montreal, Canada. After the unexpected sale of the family business in his 20's, he ended up managing their family office instead. He also married into a business family, where he has witnessed a number of other complex issues. In 2013, Steve stumbled upon the Family Enterprise Advisor (FEA) program in Canada, which turned into a career-changing calling for him. Since then, he has been working with other business families as they face the challenges surrounding their intergenerational transitions. Steve works with family clients as a facilitator and sometimes as a mediator. He also does individual coaching with family members. Steve recognizes how complex the world of family wealth transitions can be and prides himself on knowing how to be a great resource for his clients. Steve is the author of “SHIFT your Family Business” (2014) and “Interdependent Wealth: How Family Systems Theory Illuminates Successful Intergenerational Wealth Transitions” (2019.) He is active in many associations for professionals who work with families, including the FEA Council of the Family Enterprise eXchange, the Wisdom Expedition of the Purposeful Planning Institute, and the faculty of the Family Firm Institute global education network program. See all episodes >

‍"Don't allow external stories to become your internal story." - Nike AnaniNike Anani is an entrepreneur and a consultant. She was rated as a top 100 Family Business Consultant globally. She helps her clients bridge the gap between the senior and younger generations.  As a result, they communicate, collaborate, and collectively gain clarity to increase profit and productivity in their family businesses. With over a decade of family business expertise in Nigeria, Nike helps owners lead their family organizations to long-term impact and legacy.Her inside experience as a second-generation family business owner, birthed the passion to help other families in building legacy enterprises that would outlive them. Nike is an accountant and a top-rated family business expert, with a family business and wealth advisor qualification from the Family Firm Institute.She is a co-founder of African Family Firms, a pan-African association of family businesses, and the host of The Connected Generation podcast. Nike's clients chose to engage her, not only because of her extensive professional training but also because of her practical experience as both a business founder and a NextGen. This allows her to uniquely empathize with both generations and act as a connector.Nike is a champion for diversity and celebrates the uniqueness in every individual, family, and business. The Deep Wealth Experience has you learn the 9-steps of preparation in 90-days. At the end of the 90-day,s you create a blueprint to help you optimize your business value. You also have the certainty of capturing the maximum value for your liquidity event.‍SHOW NOTESWhy Nike left Deloitte as an accountant to work in her family officeWhy Nike create the African Family FirmsHow success planning is key to long-term successWhat the NextGen brings to the family office and how to leverage itThe importance of including the NextGen in conversations early onWhy the current generation must understand the new dimensions of the next generationHow the first generation are wealth creators and the next generation is risk-averseThree questions every family office must ask for long-term successStrategies to deal with keeping the family office or selling the businessWhy empathy is key for success with all family members in the family officeThe importance of honoring the new ideas of the next generationThe power of "why" questionsWhy a family office must articulate its purposeHow philanthropy and impact investing is changing the landscape for family officesThe importance of planning life after the family officeThe role of outside advisors to strengthen a family officeWhy governance is important for the long-term success of a family office‍This podcast is brought to you by Deep Wealth. When it comes to your liquidity event, you have one chance to get it right, and you better make it count. Enterprise value is created from preparation and not the event itself. Learn how the Deep Wealth Experience helps you maximize enterprise value. Master the same strategies our founders used to increase their company value by 10X. Access the same 9-step road map of preparation that paves the way for success. Enjoy the certainty that you'll capture the maximum value on your liquidity event.  ‍Click here to book your free exploratory call.‍Enjoy the interview!‍SELECTED LINKS FOR THIS EPISODENike's websiteNike's podcast The Connected Generation 

This episode features an engaging dialogue with one of the leading practitioners in family enterprises, Kristi Daeda. Kristi is President of FCBG, a leading private consultant for some of the world's most sophisticated clients. Kristi is involved in family and corporate governance, family enterprise education, and knowledge development and research on family enterprise topics. Prior, Kristi held management roles in e-commerce, insurance, and hospitality, with a focus on leadership and people development, and as an independent consultant and coach to senior executives. Kristi is a member of the Family Firm Institute where she has contributed to their publication, The Practitioner, and has served on steering committees for the Family Wealth Alliance and the Private Directors Association national board.

The business of advice has changed. And clients today are concerned about much more than their money. In this episode, Vaughan Scott, CEO of Axiom Financial Strategies Group, joins host Bill Coppel - Managing Director and Chief Client Growth Officer at First Clearing - to discuss how advisors can use empathy and emotional intelligence to deliver advice centered on helping clients achieve what matters most to them. In this episode, you'll hear: •   Why empathy and emotional intelligence are key skills for advisors in the 21st century •   How family dynamics and family-owned business dynamics are often intertwined •   Ways to navigate generational differences to enhance the client experience Vaughan is CEO of Axiom Financial Strategies Group, a boutique wealth management firm, where he serves as a family business advocate and thought leader on innovative ways to address family wealth. He has been advising on the financial, strategic, transition, and succession needs of family enterprises and entrepreneurs since 1997 to help families and their businesses preserve wealth, capitalize on opportunities, and pass on their values. With the shared goal of making a meaningful difference in the lives of families for generations, he and his team of professionals hold a common philosophy, to ensure their clients are happy. Vaughan is a faculty member in the Global Education Network where he teaches a course on family wealth for the Family Firm Institute, an association of professionals serving family enterprises. Among other credentials, he holds the certified private wealth advisor® designation from the Investments and Wealth Institute. Ways to Connect • LinkedIn: https://www.linkedin.com/in/vaughanscottcpwa/ • Website: https://www.axiomfsg.com/

The Family Biz Show Episode 27  A Deep Dive into the Three-Circle Model of Family Business Systems  Join us as we chat with Jay Hughes Jr. About...  What is the three-circle model and why is it so important in understanding family business systems? What are the potential consequences of ignoring the three-circle model? How should families apply the three-circle model, in terms of, governance and planning?  This week's guest:  James “Jay” Hughes, Jr, Esq.*   Mr. Hughes, a resident of Aspen, Colorado, is the author of Family Wealth: Keeping It in the Family, and of Family – The Compact Among Generations, both published by Bloomberg Press, and is the co–author with Susan Massenzio and Keith Whitaker of The Cycle of the Gift: Family Wealth and Wisdom, The Voice of the Rising Generation, and Complete Faith Wealth, all published by John Wiley & Sons and is a co-author with Hartley Goldstone and Keith Whitaker of Family Trusts: A Guide to Trustees, Beneficiaries, Advisors and Protectors". In addition, he has authored many articles on family governance and wealth preservation and a series of Reflections which can be found on his website jamesehughes.com.  He was the founder of a law partnership in New York City specializing in the representation of private clients throughout the world and is now retired from the active practice of law. Mr. Hughes was a partner of the law firms of Coudert Brothers and Jones Day.  He is a current active Fellow of Wise Counsel Research Foundation (www.wisecounselresearch.org) a Boston based think tank providing qualitative advice to families who look to avoid the shirt sleeves proverb and to help their families flourish.  He is a member of the Advisory Board of Arlington Partners, a Fellow of the Family Firm Institute, a member of the Society of Trusts and Estates Practitioners, a founding member of the Collaboration for Family Flourishing and a Laureate of the Purposeful Planning Institute.  He has authored various Forwards to multiple published works on families and their flourishing and has been cited in the New York Times, the Wall Street Journal, and various professional journals.  He is a member of boards of various private trust companies, an advisor to many investment institutions, and a member of several private philanthropic boards.  He is a graduate of the Far Brook School, which teaches through the Arts, The Pingry School, Princeton University and The Columbia School of Law. He is a counselor to the Family Office Exchange and recipient of its Founder's Award, the recipient of the Private Asset Management Lifetime Achievement Award, the Ackerman Institute Family Partner Award, and the Wealth Management Lifetime Achievement Award.  Michael Palumbos is a registered representative of Lincoln Financial Advisors Corp. Securities and investment advisory services offered through Lincoln Financial Advisors Corp., a broker/dealer (member SIPC) and registered investment advisor. Insurance offered through Lincoln affiliates and other fine companies. Family Wealth & Legacy, LLC is not an affiliate of Lincoln Financial Advisors Corp.  CRN-3495480-031621  *Not affiliated with Lincoln Financial Advisors Corp.     

Nike is the founder and CEO of Nike Anani Practice, Ltd., in Lagos, Nigeria, where she helps second-generation family business members collaborate with the founding generation in an effort to build sustainable family enterprises in the region. No more than 2% of African family businesses successfully transition power to the second generation, and Nike has made it her mission to facilitate this generational merge. With over a decade of experience working with select business families in Africa, Nike Anani (https://nikeanani.com/) helps owners lead their family organizations to long-term impact and legacy. Her clients choose to engage her, not only because of her extensive professional training, but also because of her practical experience as both a business founder and a NextGen (https://nikeanani.com/nextgen-the-turning-wheel/). This allows her to uniquely empathise with both generations and act as a connector to the Founding generation. Standout Quotes: * "And that's an observation I have of founders and entrepreneurs, they're just amazing people that have an eye for opportunity" - [Nike] * "As most founders do, it was about giving me the best opportunity to set me up for success and often in their minds, success is going as far away from the business to get the best experience...so they can come back" - [Nike] * "In Nigeria, 90% of indigenous businesses are family businesses, but only 2% survive beyond the founder" - [Nike] * "Family businesses are so key to the community, if they keep failing after a generation, then what's that doing to the economy?" - [Nike] * "I think that starting from a relatively small base, the best way to build anything is with community, and actually building what that community wants rather than just dictating something that you found off the shelf from another culture" - [Mike] * "If you've seen one family business, you've seen one family business" - [Nike] * "A friend of mine says whenever you wake up is your morning, some people don't wake up until they're 85, they don't know what they want" - [Nike] * "I need to be in the best version of myself so I can serve people to the best of my ability" - [Nike] * "There's always something new to learn, we've never arrived, we're just on this ongoing journey of endless learning, in my view" - [Nike] * "There's no position that's guaranteed in life, whether it be a position of material success or honor, today you might be celebrated but it doesn't mean tomorrow you will be" - [Nike] * "It is important to ensure that people's external projections don't become your internal story, because your story is the most powerful thing that you can give yourself" - [Nike] Key Takeaways: * Nike is a 2nd generation family business owner, and she narrates how her father started the family business initially as a side-hustle. * Describing events around her entry into the business, she shares the plan was to only stay for a few months in Nigeria, gain exposure to business in general, and move back to the UK eventually. However, she was drawn to the spirit of entrepreneurship there and felt more liberated as a young black female. * Nike explains that while her father had expressed general support for her in any field she was planning to go into, she had never expected she would work in the family business. * A glaring disparity in the decision-making process between her former place of work and the family business was the time taken which could be much shorter or longer in different scenarios, leaving her befuddled about family business as a whole. This encouraged her to get professional education at the Family Firm Institute in Boston. * Employing her knowledge in her family business, Nike started the process of "Governance" which involved her siblings more, intending to avert the typical dissolution that plagued most Nigerian family businesses after the founding generation. * Another strategy adopted involved starting the conversation by creating a community called "African Family Firms" for African families facing similar challenges to meet and navigate through these issues. * Nike highlights various peculiarities of African families, noting how these have to be put into consideration when trying to find solutions to the survival of family businesses in Africa. * You won't know what you want until you come together as a family, have open conversations, and plan for different scenarios. Get clear as a family on who you are, what your values are, the goals of the family, and the purpose of the family business. * Emphasizing the importance of continuous learning, Nike embraces the process as a part of being the best version of herself. * A significant failure that set her up for success took place in school, where the result she got at some point would not be good enough for the jobs she wanted, and this motivated her to push herself harder than ever before to achieve her desired goal. * Nike's parents impressed upon her certain values described as 4Hs and 2Ps. The 4Hs are Honesty, Hard work, Humility, and Harmony while the 2Ps are People and Places. All of these were included in the family constitutional value system when the formal family enterprise was set up. * It is important to understand that while people can project their weaknesses onto you and vilify you, their external projections should not become your internal story because your story is the most powerful thing you can give yourself, and you have to hold on to that story. Episode Timeline: * [00:50] Meet Today's guest, 'Nike Anani'. * [01:56] Nike's personal and professional background. * [08:30] How did the family make the jump from medical consumables to construction and building hospitals? * [16:55] How were you inspired to learn more about the Business of Family? * [23:00] Since the wake-up call that you received, what did you do about it for your own family or your friends' families? * [29:50] Do people document entitlements for kin or rather more of a bloodline lineage? * [32:53] Challenges surrounding Real Estate planning in Africa. * [39:18] An overview of Nike's different roles in family business generally. * [50:15] Has there been a specific failure that you've learned a great deal from? * [56:00] Apart from education, what else came through as fundamentally important from your parents? * [59:40] Nike's letter to her kids. For more episodes go to BusinessOfFamily.net (https://www.businessoffamily.net/) Sign up for The Business of Family Newsletter (https://www.businessoffamily.net/newsletter) Follow Mike on Twitter @MikeBoyd (https://twitter.com/MikeBoyd) If you feel it's appropriate, I'd so appreciate you taking 30 seconds to Leave a Review on iTunes (http://getpodcast.reviews/id/1525326745), I receive a notification of each review. Thank you! Special Guest: Nike Anani.

You'll Learn: What does it mean to say that “families are emotional systems”?   What is the practical impact for family business owners and their families of understanding their families as emotional systems? How is it relevant to navigating issues such as ownership of the business, entry into and exit from the business, family employment policies, leadership transitions, and conflicts?  How can family business owners use the awareness of families as emotional systems to strengthen their leadership both within their businesses and within their families?  KATHLEEN (KATHY) K. WISEMAN Founder & Principal, Working Systems, Inc.*  Co-Founder & Principal, Navigating Systems*  Kathy's interest and expertise are in assisting family members, family executives, and legal and financial professionals in applying family systems theory to the challenges in their professional and personal lives. Her focus is on making available the groundbreaking research of Dr. Murray Bowen to the professionals who serve business families and organizations. She works with motivated leaders to think systems and increase their capacity to manage themselves in times of change.  Kathy holds a B.A. from the University of Pennsylvania and an MBA from George Washington University. She is a board member of the Woman's Growth Capital Fund, Canada Alamosa Institute, and the Jewish Council for the Aging. She speaks and writes for a national audience. Kathy has also co-authored three books, Understanding Organizations,  The Emotional Side of Organizations, and Trustworthy:  New Angles on Trusts from Beneficiaries and Trustees.  Kathy is a faculty member at The Bowen Center for the Study of the Family. She is a Co-Founder of Navigating Systems, a learning forum dedicated to improving one's functioning through application of the principles that define Bowen Family Systems Theory.  Kathy is also an adjunct faculty at the George Washington University School of Business, where she heads the Institute for Succession. She has served as a Dean of the Family Office Exchange Learning Academy, and as the President of the Family Firm Institute Education and Research Foundation.   Kathy can be reached at:  202.812.1449; Kathy@WorkingSystemsInc.net.      THOMASINA H. WILLIAMS  Founder & Principal, Sankofa Legacy Advisors, Inc.*  Thomasina serves as a Strategic Thought Partner, Consultant and Executive Coach to enterprising families throughout the nation, helping them have conversations about sensitive subjects, resolve challenging conflicts and make difficult decisions, so that family members blossom, families flourish, and their businesses thrive.  Thomasina was the first in-house consultant hired by Wells Fargo Private Bank to play a leadership role in developing its offering to help ultra-high net worth families navigate generational wealth transitions. She also has served as a consultant with a leading family enterprise consulting firm, published articles, presented to international audiences, and conducted trainings for professional advisors to families.   Prior to her work with business-owning families, Thomasina practiced law for more than 20 years, rising in three years to become a partner in a major full-service law firm headquartered in Miami, FL. She went on to co-found the first Black-owned law firm in Miami with a primarily corporate clientele. The South Florida Legal Guide recognized Thomasina as one of the “Top 250 Lawyers in South Florida,” and the Miami-Dade County Commission acknowledged her extensive pro bono legal work on high-profile public interest cases by naming a day in her honor.    She also worked in institutional philanthropy in New York City where she was a program officer with the second largest private foundation in the country and invested more than $42 million strengthening non-profit organizations.   Thomasina earned a BA from Mount Holyoke College, and a JD from the University of Michigan Law School.  She holds certificates in Advanced Family Business Advising and Family Wealth Advising from the Family Firm Institute.  She is also a member of the Purposeful Planning Institute, where she serves on its Advisory Board; the Galliard Family Business Advisor Institute, a non-profit on whose Board she also serves; the Independent Trustee Alliance; and The Florida Bar.  Additionally, Thomasina serves on the Advisory Board of Enterprising Women magazine.    Thomasina can be reached at:  786.473.6145; THWilliams@SankofaLegacyAdvisors.com.  ----- Family Wealth and Legacy is a marketing name for registered representative of Lincoln Financial Advisors Corp. Securities and investment advisory services offered through Lincoln Financial Advisors Corp., a broker/dealer (member SIPC) and registered investment advisor. Insurance offered through Lincoln affiliates and other fine companies.  CRN- 3436846-020321  *Not affiliated with Lincoln Financial Advisors Corp.  

Imagine you're 21 years old, your dad is diagnosed with cancer, he dies six weeks later and you find yourself inheriting a life changing amount of money. You are also in charge of managing investments and a foundation, and you've never had any training or experience in these areas. In this episode of Money Tales, Sandi and Cammie talk with Kristen Heaney whose life took this very sharp turn when she was in college. Kristen Heaney is a Wealth Legacy Coach and Consultant with Legacy Capitals, serving successful families and their advisors. Her passion for this work is colored by her own experience of being a young and unprepared inheritor after her father's early death. Kristen's training includes a Masters in Social Work from the University of Michigan, a Board Certified Coaching credential, and a certificate in Family Wealth Advising from the Family Firm Institute. Kristen's book, In Three Generations: A Story About Family, Wealth, and Beating the Odds is a fictional family leadership story, offering a great starting point for those considering a more purposeful approach to handling family wealth. She has been a featured thought leader for the Purposeful Planning Institute, Family Firm Institute, as well as legal, financial, and philanthropic firms across the United States and Canada, focused on topics including rising generation preparation, effective family meetings, wealthism, combating entitlement, and more. Kristen was born and raised in the Metro Detroit area, and currently lives with her husband and two sons in South Florida. During the course of the Money Tales interviews, our guests talk about areas of personal finance that we believe listeners might want to learn more about. In this episode of Money Tales our financial insight is about private foundations where we'll provide an overview of what they are and how they're organized.Learn more about Money Tale$ > Subscribe to the podcast Recent episodes Form CRS Form ADV Terms of Use Privacy Rights and Responsibilities

Imagine you're 21 years old, your dad is diagnosed with cancer, he dies six weeks later and you find yourself inheriting a life changing amount of money. You are also in charge of managing investments and a foundation, and you've never had any training or experience in these areas. In this episode of Money Tales, Sandi and Cammie talk with Kristen Heaney whose life took this very sharp turn when she was in college. Kristen Heaney is a Wealth Legacy Coach and Consultant with Legacy Capitals, serving successful families and their advisors. Her passion for this work is colored by her own experience of being a young and unprepared inheritor after her father's early death. Kristen's training includes a Masters in Social Work from the University of Michigan, a Board Certified Coaching credential, and a certificate in Family Wealth Advising from the Family Firm Institute. Kristen's book, In Three Generations: A Story About Family, Wealth, and Beating the Odds is a fictional family leadership story, offering a great starting point for those considering a more purposeful approach to handling family wealth. She has been a featured thought leader for the Purposeful Planning Institute, Family Firm Institute, as well as legal, financial, and philanthropic firms across the United States and Canada, focused on topics including rising generation preparation, effective family meetings, wealthism, combating entitlement, and more. Kristen was born and raised in the Metro Detroit area, and currently lives with her husband and two sons in South Florida. During the course of the Money Tales interviews, our guests talk about areas of personal finance that we believe listeners might want to learn more about. In this episode of Money Tales our financial insight is about private foundations where we'll provide an overview of what they are and how they're organized.

The COVID-19 crisis has proven to be extremely stressful and very different than any other significant event anyone in our generation has experienced because:of its global reachthe life and health risks associated with itof how sudden and rapidly evolving it has beenits hard to see the light at the end of the tunnelwe are required to isolate ourselves from friends and extended family the battle between key values of human life versus economic stabilityinformation about it is highly variable and different people process it differentlyAs a result of these factors, mental health can quickly degenerate if we do not take care of ourselves. Arden O'Connor, founder of O'Connor Professional Group, will provide tools and resources to maintain a good mental health and deal with the anxiety that the COVID-19 crisis has brought forth. Arden speaks to us on the following topics:Overcoming stress and anxiety of COVID-19Dealing with isolation and lonelinessOverall mental healthArden O'Connor, Founder, O'Connor Professional GroupArden O'Connor founded the O'Connor Professional Group to address the needs of families and individuals struggling with an array of behavioral health issues, including addiction, mental health disorders, eating disorders, learning, and other developmental challenges. With several relatives in recovery, Arden is passionate about helping families and individuals navigate the highly fragmented treatment system in a way that creates positive outcomes and allows families to heal. Arden is a graduate of Harvard College and Harvard Business School. She remains heavily involved in community activities, as a board member of Winsor School Corporation, Collaboration for Family Flourishing, Massachusetts Association of Mental Health, and Attorneys for Family Held Enterprises. Previously, she served as a board member for the Justice Resource Institute (former chair), C4 Recovery Solutions, Harvard Club of Boston, Victory Programs, and Harvard Business School Alumni Association of Boston. She maintains professional affiliations with the following organizations: Boston Estate Planning Council, Worthy Circles and Family Firm Institute.