Building a Family Office That Lasts: Wealth, Legacy & Leadership | The Family Biz Show Ep. 116

Building wealth is one thing. Keeping it, protecting it, and giving it lasting purpose is something else entirely.

"What happens after we sell the business?"

"Who should manage the wealth?"

"How do we keep the family aligned?"

"What kind of legacy are we really building?"

This conversation gives you the answer.

In this episode, you'll hear why a family office is not just a place to park wealth after a liquidity event. It is a living, evolving structure that needs leadership, mission, talent, and discipline. Scott Saslow explains why families often underestimate the work involved and how treating the family office like a business can help protect both wealth and legacy.

Scott Saslow is the author of Building a Sustainable Family Office and the founder of One World Investments. After his family sold its manufacturing business, Scott became deeply involved in rebuilding and rethinking the family office structure. His work now focuses on family capital, sustainable investing, entrepreneurship, and long-term impact.

The core insight is simple: making money and keeping money require different skills. A successful business owner may know how to grow an operating company, but managing family wealth requires a different kind of structure, strategy, and oversight.

This episode gives you practical ways to think about advisor selection, family office structure, next-generation involvement, mission, and values-based investing. You'll also hear why preparing before a liquidity event can make the transition far less overwhelming.

In This Episode, You'll Learn:

• Why a family office should be managed like a business
• How liquidity events create both opportunity and complexity
• Why trusted advisors may not always be the right long-term fit
• How mission can help engage the next generation
• Why sustainable investing can connect wealth with purpose
• How families can prepare before selling the business

By the end, you'll have a clearer way to think about wealth, leadership, and legacy after a major family business transition.

🎧 Listen to more episodes and insights for family business owners here: https://www.familybusinessflywheel.com/podcast