Feel free to browse our resource materials or set up your profile account for 1:1 meetings with other attendees, speakers and sponsors.
Workshop #1: This session will be a discussion on family office regulation and investing trends and will include key highlights from EY’s (very soon to be released) global capital study which interviewed family offices.
Workshop #2: Foundational concepts and strategies to help your family thrive and succeed as you integrate wealth and an understanding of its benefits and challenges into your family culture.
Opening remarks and keynote conversation with Duncan MacLean, President & CEO, MacLean-Fogg and Bobby Stover, Partner, EY Americas Family Enterprise and Family Office Leader, Ernst & Young LLP.
A new presidential administration and a post-pandemic economic climate will have an impact on the wealth of your family and the profits of your business. This session will offer insights on what lies ahead, and on what adjustments you should make to position your family and its enterprise for success.
A healthy approach to intergenerational wealth can be found in developing and building a stewardship mentality among all family members — that is, that family members are stewards of what’s been created, and responsible for passing this creation on to the Next Generation.
Feel free to browse our resource materials or set up your profile account for 1:1 meetings with other attendees, speakers and sponsors.
Feel free to browse our resource materials or set up your profile account for 1:1 meetings with other attendees, speakers and sponsors.
What does trust look like between the older and younger generations? Which comes first in developing trust: the NextGens demonstrating their worthiness, or the parents giving the NextGens the opportunity to prove themselves? Are both generations clear eyed and aligned about what it takes to steward the family enterprise into the future? Our panelists share their opinions and experiences.
This session will focus on defining and describing ESG (Environmental, Social and Governance), benchmarking your family business against ESG best practices and how to develop and implement an ESG strategy with your investments. Participants will gain an understanding of ESG and related subjects, including DE&I (Diversity, Equity and Inclusion) and SRI (Socially Responsible Investing.)
Having a wealth management strategy without the right governance model and structure for your family, your operating business and your investments can affect future success. Learn how a parallel governance framework supports your entire enterprise and wealth management processes.
Direct investing in today’s unpredictable CRE market can be a challenging venture, especially for first time investors and families. For more than 20 years, our team has been developing a system of best practices to reduce these challenges and help families invest and invest successfully. Join us for a discussion that explores our best practices and why we recommend them to families to help them construct their own successful CRE portfolios.
Join senior trust and planning professionals at BMO Family Office as they share strategies for effective succession and estate planning for family business owners. Hear from the people charged with executing estate documents the problems they encounter regularly: too little planning, which results in chaos; or too much planning, which can lead to unintended consequences such as hamstringing heirs “from the grave.” Learn effective tools to produce a thoughtful, effective estate plan that makes your vision clear and streamlines decision-making for your family and key family business executives
Feel free to browse our resource materials or set up your profile account for 1:1 meetings with other attendees, speakers and sponsors.
Wealth planning can be daunting. Join us and see three documents that can help you to have the best tools to make wealth planning more manageable. Walk away with practical ideas to incorporate into your own planning.
Each generation defines their own path. Supporting this evolution requires building multiple sources of sustainable revenue streams for income generation. In this breakout, we’ll talk about the benefits of diversifying family wealth beyond the core operating business. We’ll look at examples of families who have taken this path as a means for funding new ventures and engaging family members in shared ownership.
Changes in the tax law are inevitable, if not imminent. In this session, Bryan Bloom will provide an update on any legislative developments, along with a discussion of planning for changes. Included will be a focus on Private Placement Life Insurance, Opportunity Zone investments, and the potential use of charitable vehicles.
In this session, we will explore the when, how, and why of business valuation. When does valuation matter for family businesses? How are business valuations prepared? Why do family businesses have more than one value? And why do buy-sell agreements rarely work as intended?
In most families, each new generation is a larger and more diverse group than the previous one. That means individual risk tolerance will likely vary. What’s the best way of assessing and discussing everyone’s appetite for risk? How do you accommodate diverse opinions and needs of a larger generational cohort? How do you teach them to prepare for black swan events?
Family wealth is often accompanied by conflict. Whether it is intergenerational conflict, disagreements between family branches or a classic desire for independence, the issues and emotions are real. In this session we will help you understand how to dissect the conflict in your family and provide practical, real-world advice for how you can address and resolve it.
Concurrent Workshop #2: Many business owners have guidance in their documents for what to do when an owner dies and their shares need to be sold. But what happens if someone wants to sell while they are still living? Are the terms practical and reasonable? Come join a conversation with Ben Persofsky, Director of the BBH Center for Family Business, on the most common pitfalls and must-know issues that surround transactions in family businesses.
Concurrent Workshop #1: All parents have reasons for why they do or do not share their wealth with their children, and neither option is without challenges. We at Truist Wealth’s Center for Family Legacy address this issue regularly with our clients as they work to find the right balance of passing along wealth while also passing along the skills required to ensure their children become responsible inheritors and/or beneficiaries as well as capable stewards of wealth. While every family is different, applying the general themes of best practices for managing and sustaining wealth will position parents to successfully prepare their children for the opportunities and responsibilities that come with significant wealth.
Feel free to browse our resource materials or set up your profile account for 1:1 meetings with other attendees, speakers and sponsors.
Feel free to browse our resource materials or set up your profile account for 1:1 meetings with other attendees, speakers and sponsors.
Please join us for a keynote conversation with Caren Croland Yanis, former President of Crown Family Philanthropies and former Executive Director for Oprah Winfrey’s philanthropies.
Concurrent Workshop #2: An evaluation of the various trustee and trust structure options can significantly impact the effectiveness and efficiency of your trust. We will interview two experts, a trust specialist and an estate attorney, from Morgan Stanley’s Family Office Resources group, to talk through issues, such as when and whether to have a corporate versus individual trustee, best practices in selecting an individual trustee, and pitfalls for both the family and the trustee to avoid.
Concurrent Workshop #1: In this session, Adrienne Penta, Director of the BBH Center for Women & Wealth, will explore the current landscape for women and their wealth as well as the most critical elements for raising confident, financially-literate girls (and boys!) We hope you’ll join us to discuss why communication on these issues are so critical for children, teenagers and young adults.
Dividends/distributions from the business are often a source of family conflict. A new study by Family Business Magazine in partnership with Mercer Capital reveals how business families approach issues related to valuation, distributions and reinvestment in the business. Mercer researchers will present the first cut of the study findings.
Feel free to browse our resource materials or set up your profile account for 1:1 meetings with other attendees, speakers and sponsors.