E14: Enduring Values in Family Business With Ginni Galicinao

Money can be passed to the next generation, but what about values? And when do you start talking to the kids about the family’s business, wealth, and reputation–especially in today’s constantly changing, social media-driven world?  

In this episode, Adam Hill sits down with Ginni Galicinao, a renowned expert in family governance and wealth management. With over two decades of experience supporting high-net-worth families, Ginni reveals the essential strategies for keeping your family enterprise thriving for generations.

[00:00] Introduction

[04:47] The three circle model of family, ownership, and business

[09:41] Challenges in family wealth and governance

[12:54] Limiting beliefs around money during childhood

[16:13] Creating a family wealth mission statement

[19:02] The different forms of wealth and banking on the human capital

[22:04] Why kids should understand the value of money 

[26:17] The role of “family retreats” in governance

[33:28] The benefits of having a family governance structure

[39:26] Ways to get started with family governance

Resources Mentioned:

www.dynamicsfamilywealth.com 

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