Purpose of Wealth

We’ve all heard about blended families. But have you heard about blended finance?

It's surfacing as a significant trend in philanthropy, to de-risk investment and mobilise larger pools of private capital to benefit community and the environment, and it's helping more families rethink their approach to giving so they can have more impact. 

In this episode host Narelle Hooper speaks with Victoria Stoddard and Alan Schwartz AO. 

Victoria is Director of Philanthropy at Mutual Trust whose role helps bridge the worlds of NFPs and private wealth. Alan is Chair of Trawalla Group, and describes himself as a “Capitalist, Philanthropist and Social Activist”. And as we discover, Alan’s on a mission. 

For more information on Transition Accelerator, head to transitionaccelerator.com.au 

And the Trawalla Group at trawallagroup.com.au

Purpose of Wealth is hosted by Narelle Hooper
Producer and editor is Samuel Phelps 
Executive producer is Lauren McWhirter

See omnystudio.com/listener for privacy information.

What’s the secret to building an enduring family legacy that spans over 160 years? 

In this episode of The Purpose of Wealth, fifth and sixth generation members of the iconic Coopers Brewery, Melanie Cooper and Andrew Cooper share some of the highs, lows, and lessons with host Narelle Hooper.

From its early beginnings in Adelaide in 1862 when founder Thomas Cooper brewed up an ale as a tonic for his sick wife Ann, Coopers is now Australia's largest independent family-owned brewer, brewing more than 80 million litres a year with its sights set on sustainable growth and impact.

Discover how this iconic Australian family keeps its entrepreneurial spirit (or should that be ale?) alive and kicking.

Want to know more about the ground-breaking research Why the Modern Family Office Matters? Head to mutualtrust.com.au or email us at [email protected]

Purpose of Wealth is hosted by Narelle Hooper
Producer and editor is Samuel Phelps 
Executive producer is Lauren McWhirter

See omnystudio.com/listener for privacy information.

In this episode of The Purpose of Wealth, renowned family wealth consultant, educator and psychologist Dr. Jim Grubman sits down with host Narelle Hooper to dismantle the fear-based narratives surrounding intergenerational wealth transfer.

Dr. Grubman, co-author of Wealth 3.0, offers a refreshing, positive-psychology-based approach to family wealth. We’ll tackle a longtime trope, ring the Dr Jim helpline, and get a mini masterclass in negotiation between the generations. That way you can find harmony (in the family choir).

Plus, Dr Jim shares three key questions to help your family adapt to change and help build a legacy grounded in values, communication, and intentional stewardship.

Want to know more about the ground-breaking research Why the Modern Family Office Matters? Head to mutualtrust.com.au or email us at [email protected]

Purpose of Wealth is hosted by Narelle Hooper
Producer and editor is Samuel Phelps 
Executive producer is Lauren McWhirter

See omnystudio.com/listener for privacy information.

We know family offices are unique and idiosyncratic. But what about the people that run them? 

In this episode of Purpose of Wealth, host Narelle Hooper chats with Tammy Hurst, director at Mutual Trust in Adelaide. Tammy has a surprising career journey that stretches from accounting and law, to the Royal Navy, to starting and running a single-family office (SFO) from scratch. 

Tammy shares her personal experiences from her career managing complex family affairs, the challenging conversations required to guide families through tough investment decisions and some valuable lessons from military leadership training.

Plus, if you ever face a logistical challenge of moving an elderly cat across continents, Tammy's your person.

Want to know more about the ground-breaking research Why the Modern Family Office Matters? Head to mutualtrust.com.au or email us at [email protected]

Purpose of Wealth is hosted by Narelle Hooper
Producer and editor is Samuel Phelps 
Executive producer is Lauren McWhirter

See omnystudio.com/listener for privacy information.

In Episode 24 Family Stories: the Heart of Legacy, host Narelle Hooper spoke to historian Dr Stella Barber about documenting the story of your family, and why it’s so important to family legacy for future generations.

In this episode, Narelle returns to the topic with journalist Damon Kitney, who has intimate experience telling the stories of the challenges and triumphs behind some of Australia's best-known families (James Packer, Warren Anderson, Lindsay Fox, Carol and Alan Schwartz, Kerry Stokes, Jennifer Nason, the Wilson family and many more).

They chat about the motivations and tensions in documenting and preserving intergenerational wealth, entrepreneurial resilience and the role of humility and communication in successful wealth transfer.

Want to know more about the ground-breaking research Why the Modern Family Office Matters? Head to mutualtrust.com.au or email us at [email protected]

Purpose of Wealth is hosted by Narelle Hooper
Producer and editor is Samuel Phelps 
Executive producer is Lauren McWhirter

See omnystudio.com/listener for privacy information.

In this episode of the Purpose of Wealth, we dive into the critical asset that keeps the world of intergenerational wealth management running - human capital.

Family offices are unique, idiosyncratic organisations competing with private equity and venture capital in the war for top talent. So how do you find, attract, and retain the trusted advisors with the right skills and capabilities for the long term?

Host Narelle Hooper chats with Brian Adams, President of Mack International, and Damian Bowden, Mutual Trust's Head of People, Culture, Marketing & Communications, about how families can set themselves up for success in the specialised art of family office recruitment.

 

Want to know more about the ground-breaking research Why the Modern Family Office Matters? Head to mutualtrust.com.au or email us at [email protected]

Purpose of Wealth is hosted by Narelle Hooper
Producer and editor is Samuel Phelps 
Executive producer is Lauren McWhirter

 

See omnystudio.com/listener for privacy information.

What does it really take to be a purpose-led organisation?​ And how do you make it live, breathe, and last? 

In this episode of Purpose of Wealth, host Narelle Hooper sits with CEO and Managing Partner of Mutual Trust, Phil Harkness and Tracy Conlan, Partner, and Head of Strategy at Mutual Trust. 

They explore how authentic purpose, when embedded in strategy, culture, operations and governance, yields powerful employee engagement​, customer loyalty​, and superior financial performance. 

In a rare case study, they outline how Mutual Trust’s purpose was defined and activated, and how it guides their approach to helping families navigate wealth across generations.

This conversation reveals how aligning wealth with what truly matters most can transform both organisations, and the families they serve.

 

Want to know more about the ground-breaking research Why the Modern Family Office Matters? Head to mutualtrust.com.au or email us at [email protected]

Purpose of Wealth is hosted by Narelle Hooper
Producer and editor is Samuel Phelps 
Executive producer is Lauren McWhirter

 

See omnystudio.com/listener for privacy information.

Have you ever stopped to think about the legacy you’ll leave behind?

For entrepreneurial families, legacy is about far more than financial success. It’s about the story behind the wealth. The risks taken, the turning points, the values that guided each decision, and the purpose that cements it all together.

Documenting your family history brings your stories to life, preserving not just names and dates, but the challenges, triumphs, lessons and defining moments that shape who you are - and that future generations can learn from.

In this episode of the Purpose of Wealth, host Narelle Hooper sits down with archivist and historian Dr Stella Barber and explores why capturing your family story matters, how to preserve it in meaningful ways, and how it can strengthen identity, connection and purpose across generations.

Want to know more about the ground-breaking research Why the Modern Family Office Matters? Head to mutualtrust.com.au or email us at [email protected]

Purpose of Wealth is hosted by Narelle Hooper
Producer and editor is Samuel Phelps 
Executive producer is Lauren McWhirter

 

See omnystudio.com/listener for privacy information.

What if our biggest planetary problems weren’t just massive risks, but once-in-a-lifetime investment opportunities?

Enter the world of private venture investment, entree to some fascinating partnerships that are providing early stage backing for a new generation of companies poised for transformative growth.

From plastic-munching enzymes to breakthrough deep tech, Gabrielle Munzer, Partner at Main Sequence Ventures, and Simone Rouse, Mutual Trust’s Partner and Head of Portfolio Solutions & Responsible Investment discuss how science, capital and entrepreneurial ambition are intersecting, with host Narelle Hooper.

Want to know more about the ground-breaking research Why the Modern Family Office Matters? Head to mutualtrust.com.au or email us at [email protected]

Purpose of Wealth is hosted by Narelle Hooper
Producer and editor is Samuel Phelps 
Executive producer is Lauren McWhirter

See omnystudio.com/listener for privacy information.

So often in our busy lives health comes second. But when we ask our guests what matters most at the end of each podcast episode, health is one of the top responses. 

And two fundamental contributors to health - what goes on in your guts and in your lungs - remain a mystery to most of us.

In this episode host Narelle Hooper gets the goods on guts and lungs from two global specialists from Victoria's largest NFP private hospital group, Epworth Health. 

Professor Andrew Metz, a gastroenterologist, interventional endoscopist, and director of the Jreissati Pancreatic Centre, and Dr Jazmin Eckhaus, a thoracic surgeon and robotics assisted surgery specialist share their expert insights. 

They talk about what you need to know to stay on top of your gut and lung health, key questions to ask of your surgeon, look at the role of stress and diet, and how to separate fact from fake in a social media world swimming with misinformation. Plus some simple ways for you and your family to stay healthy so you can look after what matters most.

 

Want to know more about the ground-breaking research Why the Modern Family Office Matters? Head to mutualtrust.com.au or email us at [email protected]

Purpose of Wealth is hosted by Narelle Hooper
Producer and editor is Samuel Phelps 
Executive producer is Lauren McWhirter

See omnystudio.com/listener for privacy information.