In this conversation, Joe Bell examines how family office investments have evolved in the aftermath of COVID. He talks about the shift in investment strategies, including the growing interest in sectors like AI and sports teams, and the emotional factors that come into play with these types of investments. He also emphasizes the importance of estate planning and tax strategies as families manage their wealth. The discussion touches on current liquidity challenges and looks ahead at the trends that could shape the future of family office investing.

For more information about Mack International please visit www.mackinternatinal.com.

In this episode, R. Adam Smith shares his insights on the evolution of family offices and family enterprises, focusing on how collaboration, strong governance, and a shared sense of passion are key to their long-term success. He discusses the challenges of navigating complex investment strategies and the need for families to evolve with a shifting financial landscape while safeguarding their legacies. The conversation also touches on the importance of aligning values and culture within family offices to create lasting impact and sustained prosperity.

For more information about Mack International please visit www.mackinternatinal.com

Brian C. Adams and David Wells delve into the shifting dynamics of family offices, highlighting the critical role of intentionality, cultural alignment, and thought leadership in wealth management. Drawing from his extensive experience in the family office sector, David shares valuable insights, emphasizing the importance of relational engagement and clarity around family goals and values. Their conversation explores how family offices can foster effective long-term planning and examines the pivotal influence of culture in shaping family dynamics and legacy.

Learn more about Mack International at www.mackinternational.com.

Join us as we delve into the distinct challenges confronting the next generation of ultra-high-net-worth families. Jake Knight, co-founder of Enclave, highlights the necessity of cultivating safe and inclusive spaces where these individuals can connect, share their journeys, and address the intricate dynamics of family and wealth. This discussion explores the pivotal role of empathetic advisors, the power of community, and the importance of fostering an environment that supports personal growth and transformation.

Learn more about Mack International at www.mackinternational.com.

This conversation explores the evolution of philanthropy, emphasizing the growing importance of impact in charitable giving. Kim Ledger and Sarah Rhodes discuss various charitable vehicles, including family foundations and donor advised funds, and how families can navigate these options effectively. They highlight generational shifts in philanthropy, governance structures, and best practices for engaging the next generation in philanthropic efforts.

Learn more about Mack International at www.mackinternational.com.

Join us for a conversation with Jake Williams and Robin Miller, co-founders of Fortified Risk Group. We discuss the current state of personal security for high-net-worth-individuals, the challenges within the personal security industry, and the importance of taking both physical and digital security measures in today's world.

Learn more about Mack International at www.mackinternational.com.

In this conversation, Covie Edwards-Pitt discusses her journey as an author and thought leader in wealth management, focusing on the importance of positive framing in addressing the challenges faced by wealthy families. She emphasizes the need for intentional parenting, the balance between support and independence for children, and the significance of agency in wealth inheritance. Covie also explores the dynamics of non-linear relationships, the implications of governance structures, and the often mishandled prenup discussions. The conversation highlights the necessity of redefining risk in wealth management to prioritize human relationships and effective communication.

Learn more about Mack International at www.mackinternational.com.

Scott Saslow discusses the concept of building a sustainable family office and the importance of having a clear purpose and mindset. He emphasizes the need for family offices to be robust and durable, built to last even if principals leave. He shares his own experience of starting a family office and the intentionality behind it. The conversation delves into the role of sustainable investing and the ability of family offices to leverage different forms of capital for impact. Saslow outlines five key building blocks for a sustainable family office: mindset, mission, structure, talent, and flexibility. The conversation concludes with a discussion on the paradigm shift in the management of family offices, where they are seen as opportunities rather than obligations.

To learn more about Mack International, please visit www.mackinternational.com.

The conversation delves into embedded family offices—often overlooked structures within family businesses—highlighting their blurred boundaries between family and business, along with the risks and challenges they pose. Experts stress the importance of proper documentation, controls, and systems to manage these risks, while also discussing the transition from embedded to standalone family offices. This transition requires careful planning, addressing psychological factors in business sales, and focusing on governance and risk management. The discussion covers best practices for pre- and post-sale scenarios, emphasizing comprehensive insurance, regular document reviews, and the involvement of neutral parties. The role of family offices in preserving legacies, fostering communication, and supporting philanthropy is also explored, with insights into the common traits of successful transitions.

Resources:

hotalinginsurance.com

theblumfirm.com

xylogenesis.com

To learn more about Mack International, please visit www.mackinternational.com.

Beth Rahn, founder of New Era Advisors, discusses the concept of non-concessionary investing and the importance of backing diverse and sustainable investment managers. She highlights the outperformance of teams with greater gender and racial diversity and emphasizes the opportunity for investors to generate alpha by allocating capital towards diversity initiatives. Beth also shares insights on the current landscape of LPs and emerging managers, the role of family offices in backing emerging managers, and the importance of relationship building in fundraising. She encourages family offices to ask the right questions and leverage their networks to find opportunities that align with their investment goals.

To learn more about Mack International, please visit www.mackinternational.com.