279 episodes

Discover the tools and insights you need to successfully run your family office in today's modern age. Whether you're a first-generation wealth builder or a multigenerational wealth inheritor, we provide practical strategies for how to take control of your wealth journey, build a meaningful and purposeful life, and craft a lasting legacy for future generations. Join us every Tuesday as we engage in compelling discussions with some of the brightest family office leaders around the world.
This podcast is sponsored by Mack International, the premier boutique firm that specializes in providing retained executive search and strategic human capital consulting solutions. To learn more about the firm, please visit mackinternational.com.

Hosted on Acast. See acast.com/privacy for more information.

Capital Club Brian Adams

    • Business

Discover the tools and insights you need to successfully run your family office in today's modern age. Whether you're a first-generation wealth builder or a multigenerational wealth inheritor, we provide practical strategies for how to take control of your wealth journey, build a meaningful and purposeful life, and craft a lasting legacy for future generations. Join us every Tuesday as we engage in compelling discussions with some of the brightest family office leaders around the world.
This podcast is sponsored by Mack International, the premier boutique firm that specializes in providing retained executive search and strategic human capital consulting solutions. To learn more about the firm, please visit mackinternational.com.

Hosted on Acast. See acast.com/privacy for more information.

    What's Next For Family Offices?

    What's Next For Family Offices?

    This episode of the Capital Club Podcast features an in-depth conversation with Mark Tepsich, a seasoned family office veteran, and our host, Brian Adams. Mark shares his journey from starting an internship at a family office in 2008 to becoming an influential advisor for family offices across the Americas. Drawing from his experiences, Mark discusses the unique challenges of managing wealth for multigenerational families, the importance of focusing on family dynamics over financial optimization, and strategies for engaging the next generation. The conversation addresses the impact of generational transitions, the nuances of governance, and the evolving landscape of direct investments by family offices in private equity. Furthermore, Mark highlights the importance of listening to family members' needs and creating a positive user experience within family offices to ensure future engagement and success.
    Connect with Mark
    Connect with Brian
    This episode is sponsored by Mack International, a specialized executive search and human capital consulting firm serving the family office/wealth management markets. Please visit their website here for more information.
    LIKE, SUBSCRIBE, AND LEAVE US A REVIEW on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in and Stay Tuned for the Next Episode COMING SOON!

    Hosted on Acast. See acast.com/privacy for more information.

    • 46 min
    The Blueprint for Creating An Intentional and Lasting Legacy

    The Blueprint for Creating An Intentional and Lasting Legacy

    What does the word legacy mean to you? Everyone leaves a legacy, either a default one or an intentional one and Lance Welch's new book, The Legacy Navigator, is a blueprint to create your best legacy possible. Join us for an engaging conversation with Lance Welch, a Certified Business Development Coach with the John Maxwell organization, Certified Behavioral Consultant for DISC Personality Profiles, and author of The Legacy Navigator.
    Order your copy of The Legacy Navigator
    Connect with Lance
    Connect with Brian
    This episode is sponsored by Mack International, a specialized executive search and human capital consulting firm serving the family office/wealth management markets. Please visit their website here for more information.
    LIKE, SUBSCRIBE, AND LEAVE US A REVIEW on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in and Stay Tuned for the Next Episode COMING SOON!

    Hosted on Acast. See acast.com/privacy for more information.

    • 41 min
    Family Relationships Are a Missing Piece of the Family Office Risk Profile

    Family Relationships Are a Missing Piece of the Family Office Risk Profile

    What are the unseen emotional investments and risks accompanying family wealth management, and how can families navigate these to ensure generational success?
    In this episode, our guest is Thomasina Williams, a pioneering family dynamics consultant who specializes in guiding ultra-high-net-worth families through the complexities of generational wealth transition. Thomasina sheds light on the often-overlooked human elements of family wealth, emphasizing the critical need for investment in family relationships and effective communication to safeguard and perpetuate wealth across generations.

    [00:01 - 07:55] The Overlooked Risks in Family Wealth
    The internal family dynamics and external economic factorsThe significance of nurturing family relations to maintain wealth across generationsThe role of effective communication in mitigating risks associated with wealth transition
    [07:56 - 14:34] Communication as a Cornerstone
    Communication breakdowns can be the biggest threats to family unity and wealthThe necessity of developing communication skills within family structuresTechniques to improve dialogue among family members to foster a healthier family enterprise
    [14:35 - 21:29] Conflict Management and Change Navigation
    Strategies to manage conflicts effectively to prevent long-term damage to familial relationshipsImportance of addressing and navigating generational changes sensitivelyUnderstanding the psychological impacts of unresolved conflicts within family businesses
    [21:30 - 28:16] Implementing Effective Family Governance
    The role of governance structures in stabilizing family businessesHow leadership from the top influences family dynamics and business successTechniques for fostering leadership skills among family members
    [28:17 - 34:14] Tools for Future Success
    Introduction to practical tools and frameworks to manage family dynamicsThe impact of external consultants in facilitating difficult conversationsFuture directions in family enterprise consulting focusing on women's roles in family businesses
    Key Quotes:
    "One of our biggest challenges I think as human beings is just to love people for who they are." - Thomasina Williams
    "The real investment needs to be in our families, who are the actual bearers of the legacy we wish to preserve." — Thomasina Williams

    Connect with Thomasina!
    Website: https://www.developfamilyleaders.com/ 

    This episode is sponsored by Mack International, a specialized executive search and human capital consulting firm serving the family office/wealth management markets. Please visit their website here for more information.
    Connect with me:
    https://www.linkedin.com/in/brian-c-adams/ (LinkedIn)
    LIKE, SUBSCRIBE, AND LEAVE US A REVIEW on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in and Stay Tuned for the Next Episode COMING SOON!
    Hosted on Acast. See acast.com/privacy for more information.


    Hosted on Acast. See acast.com/privacy for more information.

    • 34 min
    Trauma Informed Leadership Coaching

    Trauma Informed Leadership Coaching

    How does the trauma embedded in our DNA influence our personal and professional lives, and what can we do to overcome it?
    In this episode, Monica Clare, a global consultant specializing in conflict management and strategic leadership, shares her profound insights into the impact of individual, intergenerational, and collective trauma on business and personal relationships. With a rich background that blends finance, mediation, and psychological safety, she provides actionable strategies for fostering healthier, more creative, and resilient organizations. The conversation delves into the science behind trauma, the importance of self-awareness, and the transformative power of addressing inherited conflicts.

    [00:01 - 06:26] Unpacking Conflict: Roots and Recognition
    Understanding the layers of conflict: personal, familial, and systemicThe role of self-awareness in recognizing and addressing inherited conflictsImportance of acknowledging historical and cultural impacts on personal behavior
    [06:27 - 12:40] Navigating Through Awareness and Acceptance
    The first steps in conflict resolution are awareness and acceptance of underlying issuesSelf-regulation techniques to manage personal triggersThe significance of personal responsibility in healing and transformation
    [12:41 - 18:23] Implementing Change: Theory and Practice
    Practical applications of theories like polyvagal and epigenetics in everyday interactionsThe benefits of creating a supportive environment for open dialogue and self-reflectionHow structured communication practices can alleviate longstanding familial conflicts
    [18:24 - 24:01] Cultivating Compassion and Establishing Boundaries
    Differentiating between empathy and compassion in conflict resolutionThe role of boundaries in maintaining healthy personal and professional relationshipsStrategies for effective negotiation and maintaining boundaries within family businesses
    [24:02 - 29:54] Legacy and Leadership: Preparing for Transition
    Preparing family businesses for generational transitions through effective leadership and legacy planningThe importance of acknowledging and integrating the wisdom of elder generationsTechniques for ensuring smooth transitions and the continued success of family businesses
    Key Notes:
    "Responsibility is the ability to respond. If I'm responsible for myself, I'm able to respond to my own reactions, my own issues." - Monica Clare
    "If you're in a position of leadership, acknowledging that we're all shareholders in humanity's legacy is crucial for transformative leadership." - Monica Clare

    Connect with Monica!
    Website: https://www.monicaclare.ca/ 

    This episode is sponsored by Mack International, a specialized executive search and human capital consulting firm serving the family office/wealth management markets. Please visit their website here for more information.
    Connect with me:
    https://www.linkedin.com/in/brian-c-adams/ (LinkedIn)
    LIKE, SUBSCRIBE, AND LEAVE US A REVIEW on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in and Stay Tuned for the Next Episode COMING SOON!
    Hosted on Acast. See acast.com/privacy for more information.

    Hosted on Acast. See acast.com/privacy for more information.

    • 29 min
    Estate Planning for Fund Principals

    Estate Planning for Fund Principals

    How is the shifting financial landscape affecting estate planning and wealth transfer between generations?
    In this captivating episode of the Capital Club podcast, host Brian engages with Anthony Venette, Director of Business Valuation & Advisory at DeJoy & Co. Anthony brings to the table his expertise in estate planning and business valuation, particularly focusing on optimizing gift and estate tax strategies for business owners. As the financial world grapples with demographic shifts and changing tax laws, Anthony sheds light on the critical intersection of income tax, estate tax, and business valuation, offering valuable insights into strategic wealth transfer across generations.

    [00:01 - 08:33] Introducing Anthony Venette
    Anthony's role in business valuation and estate planningThe demographic shift impacting business and wealth transferThe importance of understanding the nexus between generations in estate planning
    [08:34 - 16:01] Navigating the Estate Tax Landscape
    Upcoming changes in tax exemption and their impactStrategies for optimizing gift and estate tax planningThe importance of proactive planning in estate management
    [16:02 - 24:20] Advanced Estate Planning Techniques
    The use of carried interest in estate planningDifferences between European and American waterfall structures in fundsThe strategic benefits of early planning in estate tax optimization
    [24:21 - 32:12] The Role of Family Offices in Estate Planning
    How family offices can enhance wealth transfer strategiesThe significance of closely held business discounts and appreciation in estate planningThe impact of legal structures on wealth management
    [32:13 - 38:07] Carried Interest and Derivative Sales
    In-depth exploration of carried interest and its role in estate planningUnderstanding the vertical slice rule and carried interest derivative salesThe need for expert guidance in complex estate planning scenarios

    Key Notes:

    "We sit at the nexus point between generations, facilitating that handshake from baby boomers to Gen X and millennials." - Anthony Venette
    "Estate planning isn't just about the numbers; it's about establishing and preserving legacy." -Anthony Venette

    Connect with Anthony!
    Website: https://www.teamdejoy.com/contact-us 
    LinkedIn: https://www.linkedin.com/in/anthonyvenettecpaabv/ 

    This episode is sponsored by Mack International, a specialized executive search and human capital consulting firm serving the family office/wealth management markets. Please visit their website here for more information.
    Connect with me:
    https://www.linkedin.com/in/brian-c-adams/  (LinkedIn)
    LIKE, SUBSCRIBE, AND LEAVE US A REVIEW on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in and Stay Tuned for the Next Episode COMING SOON!
    Hosted on Acast. See acast.com/privacy for more information.


    Hosted on Acast. See acast.com/privacy for more information.

    • 38 min
    Planning Purposeful Life, Wealth, Legacy & Succession Conversations

    Planning Purposeful Life, Wealth, Legacy & Succession Conversations

    Could understanding the dynamics of succession planning in family businesses offer clues to navigating personal and professional transitions more effectively?
    In this episode, Brian engages with guest Shelley Forsythe in a deep dive into the intricacies of succession planning in family businesses. Shelley, an expert in family governance and legacy planning with BMO Family Office, shares her insights on the importance of early planning, the role of professional advisors, and the emotional complexities involved in handing over the reins to the next generation. The conversation uncovers common pitfalls in succession planning, the significance of communication and external support, and how these elements contribute to the successful transition of leadership and legacy within family enterprises.
    [00:01 - 07:21] The Art of Succession Planning
    Succession planning in family businesses and its challengesThe importance of starting early and integrating technical and qualitative aspectsThe role of professional advisors in facilitating the process
    [07:22 - 14:24] Next-Gen Leadership and Legacy
    Preparing the next generation for leadership rolesBalancing personal passions with family business obligationsThe significance of independent board members in the transition process
    [14:25 - 22:06] The Family Meeting Framework
    Strategies for effective family meetingsThe importance of neutral venues and inclusive agendasIntegrating fun and meaningful activities to strengthen family bonds
    [22:07 - 29:14] Navigating Family Dynamics
    Addressing the emotional aspects of succession planningThe role of family councils in larger family enterprisesAdapting to generational changes within the family business context
    [29:15 - 37:16] Cultivating a Sustainable Family Legacy
    The significance of aligning family values with business goalsUtilizing family councils for generational representation and decision-makingThe role of philanthropy and social responsibility in the family legacy
    Key Notes:
    "Succession planning is not just about business transition; it’s about preparing the family for a future that sustains their values, legacy, and relationships." - Shelley Forsythe
    "The best time to start planning your succession is yesterday; the next best time is today." – Shelley Forsythe

    Connect with Shelley!
    Website:https://privatewealth-insights.bmo.com/en/experts/shelley-forsythe/ 
    LinkedIn: https://www.linkedin.com/in/shelley-forsythe-fea-cfp-tep-mfa-p-cepa-2171b220/ 

    This episode is sponsored by Mack International, a specialized executive search and human capital consulting firm serving the family office/wealth management markets. Please visit their website here for more information.
    Connect with me:
    https://www.linkedin.com/in/brian-c-adams/ (LinkedIn)
    LIKE, SUBSCRIBE, AND LEAVE US A REVIEW on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in and Stay Tuned for the Next Episode COMING SOON!
    Hosted on Acast. See acast.com/privacy for more information.

    Hosted on Acast. See acast.com/privacy for more information.

    • 37 min

Top Podcasts In Business

The Diary Of A CEO with Steven Bartlett
DOAC
A Bit of Optimism
iHeartPodcasts
Masters of Scale
WaitWhat
VT Podcast “Ideas That Matter”
Africa Podcast Network
Founders
David Senra
Think Fast, Talk Smart: Communication Techniques
Stanford GSB

You Might Also Like

Capital Allocators – Inside the Institutional Investment Industry
Ted Seides – Allocator and Asset Management Expert
Invest Like the Best with Patrick O'Shaughnessy
Colossus | Investing & Business Podcasts
Acquired
Ben Gilbert and David Rosenthal
The Fort - An Entrepreneurship Podcast
Chris Powers
Founders
David Senra
All-In with Chamath, Jason, Sacks & Friedberg
All-In Podcast, LLC