Within our latest podcast, which takes the form of a two-part series with Jessica McGawley, a psychological consultant, mediator and founder of Dallington Associates, we delve into the topic of the ‘Rising Generation’. To provide some background, Dallington Associates have been around for eight years and offer individual mentoring programmes and group workshops for siblings and wider families, specifically focused to teenagers and young adults from affluent and successful families. At MASECO, the topic of ‘children’ (spanning a vast age range depending on the family) and money is probably one of our most frequently raised topics when advising wealthy families. Questions are often posted such as ‘how do I support them but not spoil them?’, ‘what do I say and do to keep them motivated?’ and ‘how and when do I engage them in conversations around money?’, as well as many others. Within part two of this podcast, MASECO Senior Wealth Manager and our podcast host, George King, posed some powerful questions to Jessica, off the back of these conversations with clients. When listening to this podcast, you can expect valuable insights from Jessica on a wide range of topics. These include the challenges faced by ‘Third Culture Kids’ and the unexpected difficulties encountered by those who inherit wealth. Jessica and George delve into wealth preservation strategies, emphasising the necessity of cash-flow modelling. Additionally, they explore the pivotal role philanthropy plays in creating positive social impact. The podcast also discusses the delicate balance between setting boundaries, allowing children to fail, and fostering big ideas to instil confidence and nurture a thoughtful new generation. Please read this page before proceeding – The Legal Stuff: Information accessed on our website is subject to our Terms & Conditions. Nothing in the podcast constitutes investment, tax, or any other type of advice and should not be construed as such. The information in this video is not intended to be relied upon as a forecast or research. The podcast is provided for information purposes only.Although the information is based on data which MASECO considers reliable, MASECO gives no assurance or guarantee that the information is accurate, current, or complete and it should not be relied upon as such.This podcast does not constitute a recommendation, offer or solicitation to buy oPlease read this page before proceeding – The Legal Stuff: Information accessed on our website is subject to our Terms & Conditions. Nothing in the podcast constitutes investment, tax, or any other type of advice and should not be construed as such. The information in this video is not intended to be relied upon as a forecast or research. The podcast is provided for information purposes only. Although the information is based on data which MASECO considers reliable, MASECO gives no assurance or guarantee that the information is accurate, current, or complete and it should not be relied upon as such. This podcast does not constitute a recommendation, offer or solicitation to buy or sell any products or to adopt an investment strategy. All investments involve risk and may lose value. The value of investments can go down depending on market conditions and you may not get back the original amount invested. Your capital is always at risk. Fluctuation in currency exchange rates may cause the value of an investment to go up or down. Past performance is not a reliable indicator of future results. MASECO LLP (trading as MASECO Private Wealth and MASECO Institutional) is established as a limited liability partnership under the laws of England and Wales (Companies House No. OC337650) and has its registered office at The KODAK Building | 11 Keeley Street | London | WC2B 4BA. For your prot...
