Wealth Actually

EMPOWERED ENTITLEMENT

Listen Later

“Empowered Entitlement” isn’t a buzzword yet in the lexicon of next-generation wealth education tools. But it well could be.

In an environment where productivity and drive is difficult to identify and develop, CHRISTIAN BROYHILL is using her psychology background and unique viewpoint to advise wealthy multi-generational families.

Christian’s willingness to lean into the inheritor’s financial reality (and trauma) distinguishes her from many in the “next-gen” field.

Christian’s background and the development of “Empowered Entitlement”

THE 4TH GENERATION STORY

  • A generation of inheritors that didn’t have to have a job
  • An emphasis on the challenges that come with inheritors with resources, but no particular expectation
  • Leaning into a loaded word
    • The evolution of Christian’s practice – what does it consist of? 
    • The two pronged approach – Medicaid clients and HNW. 
    • Why continue to serve both?  What are you learning?
    • What are the barriers to services for HNW individuals?
      • When someone comes to you, what are they trying to solve? 
      • Christian’s experience with trauma patients that aren’t in the HNW world and how that impacts her work
      • Is your work preventative or crisis management?
      • Or both?
        • What is Empowered Entitlement?
        • What is Empowered Entitlement?
        • What are the strategies that you use with individuals and families? 
        • How do you interact with the trustees / advisors / family members around them?
        • Once the immediate trauma is addressed, how do you develop the coping and resilience skills in people that never had them?
          • Is there a “done” moment with your clients? 
          • How do you help clients use “empowered enititlement?”
          • What does a good structure for a client or family look like going forward?  
          • How do they develop esteem and productivity (which sometimes can be at odds with family expectations)?
            • How do we find Christian?

            NEXT GEN JOURNEYS

            CHRISTIAN BROYHILL ON LINKEDIN

            More on Childhood Wealth Discussions

            https://open.spotify.com/episode/2TTS0LllLlTZKVXrI8pZZp?si=FOXYNzJ2RWqhgyAGQWVLKA
            Christian Broyhill discussing “Empowered Entitlement” on Wealth Actually (Spotify)
            https://youtu.be/p27ChSS2BCs?si=Qfi93Px0IGq6Ayda
            Christian Broyhill discussing “Empowered Entitlement” on Wealth Actually (YouTube)
            https://www.amazon.com/Wealth-Actually-Intelligent-Decision-Making-1-ebook/dp/B07FPQJJQT/
            ...more
            View all episodesView all episodes
            Download on the App Store
            Wealth ActuallyBy Frazer Rice
            • 4.8
            • 4.8
            • 4.8
            • 4.8
            • 4.8

            4.8

            25 ratings

            More shows like Wealth Actually

            View all
            Masters in Business by Bloomberg

            Masters in Business

            2,191 Listeners

            The Meb Faber Show - Better Investing by The Idea Farm

            The Meb Faber Show - Better Investing

            950 Listeners

            White Coat Investor Podcast by Dr. Jim Dahle of the White Coat Investor

            White Coat Investor Podcast

            2,446 Listeners

            Animal Spirits Podcast by The Compound

            Animal Spirits Podcast

            2,038 Listeners

            Bogleheads On Investing Podcast by bogleheads

            Bogleheads On Investing Podcast

            617 Listeners

            The Long View by Morningstar, Christine Benz - Director of Personal Finance and Retirement Planning, Ben Johnson - Head of Client Solutions, Amy Arnott - Portfolio Strategist

            The Long View

            933 Listeners

            Kitces and Carl - Real Talk for Real Financial Advisors by Michael Kitces, MSFS, MTAX, CFP and Carl Richards, CFP

            Kitces and Carl - Real Talk for Real Financial Advisors

            242 Listeners

            WashingtonWise by Charles Schwab

            WashingtonWise

            460 Listeners

            The Prof G Pod with Scott Galloway by Vox Media Podcast Network

            The Prof G Pod with Scott Galloway

            5,495 Listeners

            All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

            All-In with Chamath, Jason, Sacks & Friedberg

            10,182 Listeners

            Ask The Compound by The Compound

            Ask The Compound

            341 Listeners

            Honestly with Bari Weiss by The Free Press

            Honestly with Bari Weiss

            8,442 Listeners

            Retirement Planning Education, with Andy Panko by Andy Panko

            Retirement Planning Education, with Andy Panko

            1,069 Listeners

            The Great Retirement Debate with Ed Slott & Jeffrey Levine by The Great Retirement Debate with Ed Slott & Jeffrey Levine

            The Great Retirement Debate with Ed Slott & Jeffrey Levine

            140 Listeners

            Prof G Markets by Vox Media Podcast Network

            Prof G Markets

            1,487 Listeners