Investor Connect Podcast Hall T Martin

Problems in Family Offices Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. There are challenges in running a family office. Here are some key problems to watch out for: Treating the family office as a hobby rather than a business. The family office is a legal entity with employees, investments and tax filings. It’s important to treat it as a business for everyone involved. Not setting a clear goal or purpose for the family office. There are many investment opportunities and interesting things to pursue in today’s world. If there’s no clear goal it will be difficult to develop a focused business with a purpose. Not having clear governance in the family office. If there are no rules and regulations then it will be difficult to build a successful business. In addition to rules there must be leadership. Without people leading the family office it can fail to achieve the goals of the business. Also, there must be succession planning to prepare the leadership. These are just some of the problems that family offices must overcome to succeed. Review your family office for these challenges.    Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding. Let’s go startup something today. _______________________________________________________ For more episodes from Investor Connect, please visit the site at:   Check out our other podcasts here:   For Investors check out:   For Startups check out:   For eGuides check out:   For upcoming Events, check out    For Feedback please contact info@tencapital.group    Please , share, and leave a review. Music courtesy of .

In this episode of Investor Connect, Hall T. Martin chats with Charles Albanese, a financial expert with over 30 years of experience across major corporations and startups. Charles shares his journey from AT&T Wireless to his current role at Keiretsu Forum, highlighting key strategies for raising funding. He discusses the importance of thorough planning, understanding investor needs, and effective communication. Charles also provides insights into Keiretsu Forum, the world's largest network of angel investors. He explains how Keiretsu’s rigorous vetting process and collaborative due diligence help mitigate risks and support high-quality investments. With chapters worldwide, Keiretsu offers a robust platform for investors and entrepreneurs to connect and succeed. Hall and Charles delve into the intricacies of financial management and strategic planning. Charles’s diverse background enables him to offer practical advice on maximizing profitability and building strong teams. The discussion is filled with relatable anecdotes and valuable lessons for both novice and seasoned investors. Hall's engaging style and Charles’s expertise make this episode a must-listen for anyone interested in the world of angel investing. Whether you’re looking to raise funding or simply understand the investment landscape better, this episode provides actionable insights and strategies to help you succeed. For more insights and to connect with Charles Albanese, visit his LinkedIn profile here https://www.linkedin.com/in/cdalbanese/, check out the Keiretsu Forum Mid-Atlantic website: https://keiretsuforum-midatlantic.com/, or reach out via email at calbanese@keiretsuforum.net. ________________________ For more episodes from Investor Connect, please visit the site at: http://investorconnect.org   Check out our other podcasts here: https://investorconnect.org/   For Investors check out: https://tencapital.group/investor-landing/   For Startups check out: https://tencapital.group/company-landing/   For eGuides check out: https:/_/tencapital.group/education/   For upcoming Events, check out https://tencapital.group/events/   For Feedback please contact info@tencapital.group    Please follow, share, and leave a review. Music courtesy of Bensound.

Costs of Running a Family Office Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. There are costs to running a family office. Here’s a list of cost categories to budget for: Professional costs including the services such as tax, accounting, and financial. Family expenses such as living expenses, travel, healthcare, and taxes. Facilities costs including communications, technology, and administrative overhead. Financial costs including advisory management fees, research, and reporting. Here are other factors to consider as well in estimating the cost: Complexity of portfolio -- the greater the number and variety of investments, the greater the cost to manage. Number of services -- the more services the family office provides, the greater the cost. Number of tax jurisdictions -- the more jurisdictions, the higher the cost. Number of legal entities -- the greater the number of legal entities, the higher the cost. A rule of thumb is that the cost of investments and family office costs should be no more than 1% to 2% of the family office assets. Check your family office to see how the costs compare to the assets.   Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding. Let’s go startup something today. _______________________________________________________ For more episodes from Investor Connect, please visit the site at:   Check out our other podcasts here:   For Investors check out:   For Startups check out:   For eGuides check out:   For upcoming Events, check out    For Feedback please contact info@tencapital.group    Please , share, and leave a review. Music courtesy of .

Functions of the Family Office Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. The family office provides many functions in a family business. Here’s a list of functions to consider including in your family office: Wealth management - this involves setting objectives, identifying investment opportunities and providing ongoing oversight. Impact focus -- this includes pursuing investments and activities that promote a social, economic, or governance cause. Investment management -- this includes designing an investment thesis and pursuing opportunities that meet that thesis. Security and privacy -- this includes taking steps to secure the identity of the family members and mitigate cybersecurity threats. Succession planning:  this includes preparing the next generation for leadership roles and transitioning functions from one generation to the next. Tax management -- this includes managing tax returns and structuring investments for optimal tax outcomes. Compliance -- this includes understanding and meeting compliance requirements for tax and other regulatory bodies. Some of these functions can be outsourced to providers who offer such services. Consider these functions for your family office.    Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding. Let’s go startup something today. _______________________________________________________ For more episodes from Investor Connect, please visit the site at:   Check out our other podcasts here:   For Investors check out:   For Startups check out:   For eGuides check out:   For upcoming Events, check out    For Feedback please contact info@tencapital.group    Please , share, and leave a review. Music courtesy of .

Types of Family Offices Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Family offices vary in type and structure. Here are three types of family office structures to consider. Single-family office. This structure provides services exclusively to one family. It offers the most customized program. It is the most expensive type of family office structure. It works best for ultra-high net-worth families. Multi-family office. This structure provides services for a number of families. It offers commonly used services such as accounting, tax, and investment advisory. It provides a lower cost structure as the expenses are spread among several families. It works best for high net-worth families. Virtual family office. This structure provides services primarily through online means. It provides the lowest cost structure possible as it utilizes fractional services from professionals. It works best for families who don’t need custom services. Consider these structures in setting up a family office for your family business.    Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding. Let’s go startup something today. _______________________________________________________ For more episodes from Investor Connect, please visit the site at:   Check out our other podcasts here:   For Investors check out:   For Startups check out:   For eGuides check out:   For upcoming Events, check out    For Feedback please contact info@tencapital.group    Please , share, and leave a review. Music courtesy of .

Benefits of a Family Office Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. There are several benefits to setting up a family office. Here is a list of key benefits to consider: Carry out the stated mission of the family business. Optimize the wealth of the family through investment strategies. Reduce taxes through tax advantaged structures. Provide education to the family members who will one day succeed the current leadership. Provide continuity in the management of the family business through succession planning. Preserve the family wealth through ongoing management. Organize services for running the family business. Coordinate advisors into a group. Provide better control of the family business through a coordinated program. Manage trustee functions more effectively. Provide investment oversight of the family business. Provide estate planning for the family business.  Create a legacy for the family through the creation of the family office to showcase its values. Consider these benefits in setting up your family office.   Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding. Let’s go startup something today. _______________________________________________________ For more episodes from Investor Connect, please visit the site at:   Check out our other podcasts here:   For Investors check out:   For Startups check out:   For eGuides check out:   For upcoming Events, check out    For Feedback please contact info@tencapital.group    Please , share, and leave a review. Music courtesy of .