In this episode of the Wealth of Wisdom podcast series, co-editor Tom McCullough interviews founding member of Generation6, Greg McCann. Leaders today face greater complexity, change, and interdependencies than even before. Greg explains the benefits of working with a leadership coach to give families the best chance of success and explains how family leaders can assess their readiness for coaching.
In this episode of the Wealth of Wisdom podcast series, co-editor Tom McCullough interviews Greg Burrows and Ruth Steverlynck. Tom, Greg, and Ruth discuss their chapter "Creating Impactful Learning Programs for Families" and how having empowered, engaged individuals in the system is the antidote to entitlement and dependence. Their chapter provides the tools for impactful learning.
In this episode of the Wealth of Wisdom podcast series, co-author Keith Whitaker interviews management and organizational consultant, Barton Parrott. Keith and Bart discuss Bart’s chapter - Finding What’s Next for Your Family - which helps families find "what's next" after a significant change (sale of business, death of a matriarch or patriarch, a shift in the business landscape, etc).
In this episode of the Wealth of Wisdom podcast series, co-editor Tom McCullough interviews Family Advisor and Author, Matthew Wesley. Tom and Matthew discuss his chapter - Gamechanging. They discuss family keystone habits, the importance of identifying them, and how gamechanging causes cascading effects through an entire system.
In this episode of the Wealth of Wisdom podcast series, co-editor Keith Whitaker interviews Linda Bourn. Keith and Linda discuss her chapter - Undertaking a Family Risk Assessment - this chapter provides an assessment tool that can help identify family’s risk landscape and help provide insight into unique risks that require a more detailed plan.
In this episode of the Wealth of Wisdom podcast series, co-editor Tom McCullough interviews Katherine Grady and Wendy Ulaszek on “Leading Successful Family Meetings” - and how this chapter provides the tools to learn how to become an "ambidextrous leader" by tending to both family and enterprise needs with agility. We also talk through their excellent checklist of 10 questions to ask in planning and leading your family meetings.
In this episode of the Wealth of Wisdom podcast series, co-author Keith Whitaker interviews Kim Kamin on her chapter 'Choosing Trustees with Care and Wisdom' and the main purposes for using trusts. Kim's chapter provides a comprehensive guide to understanding a trustee's role and the proper tools to decide on one and common cautions that could arise in the process.
In this episode of the Wealth of Wisdom podcast series, co-author Keith Whitaker interviews author, lawyer and educator Patricia Annino. Keith and Patricia discuss her chapter - Managing the Risk of Diminished Capacity - and how her chapter provides a checklist for families to use for advanced planning for diminishing capacity. Patricia gives her advice on family 'proxies', family dynamics, and tips every family should hear in case of a family emergency.
In this episode of the Wealth of Wisdom podcast series, co-editor Keith Whitaker interviews Don Opatrny and Keith Michaelson. Keith interviews them on their chapter - Using the Ikigai Model to Foster a Legacy of Meaningful Engagement - Their chapter discusses how to explore meaning and purpose using the Ikigai Diagram and how applying family resources to an Ikigai exploration can lead to the development of character, competence and contribution.
In this episode of the Wealth of Wisdom podcast series, co-editor Keith Whitaker interviews Stacy Allred, Joan DiFuria, and Stephen Goldbart. Keith interviews them on their chapter - Advancing Flourishing: A 10x10 Learning Roadmap - their chapter provides a comprehensive framework for family members of all ages to effectively manage wealth and life choices by using the 10 core competencies across 10 life stages.
In this episode of the Wealth of Wisdom podcast series, co-editor Tom McCullough interviews the Chair & Co-founder of Silver Sherpa Inc., Susan Hyatt. Tom and Susan discuss Susan's chapter - Building a Smart Aging Plan. They discuss 'Smart Aging' and how to incorporate health and personal care into your financial retirement plan to live your best 'third act'. Susan gives her advice on the best time to discuss this plan with your loved ones and other great examples.
In this episode of the Wealth of Wisdom podcast series, co-author Keith Whitaker interviews founder and managing partner of Wealthbridge Partners, Ellen Miley Perry. Keith and Ellen discuss her chapter on the four profound questions families should ask for a pathway to deep connection, emotional intimacy, and a greater familial well-being.
In this episode of the Wealth of Wisdom podcast series, co-author Keith Whitaker interviews James Grubman. Keith and James discuss James' chapter - Understanding the True Goals of Wealth Preparation - and how this chapter provides an exercise for families of new wealth that puts things into perspective, revealing what they do not yet understand about preparing for wealth and how to properly strategize.
In this episode of the Wealth of Wisdom podcast series, co-editor Tom McCullough interviews family, business and legal consultant Josh Kanter. Tom and Josh discuss Josh's chapter - Creating a Family Owner's Manual - and how this practice can help track key family information, identify blind spots, and educate family members and advisors.
In this episode of the Wealth of Wisdom podcast series, co-editor Tom McCullough interviews the founder and owner of illumination360, Kristin Keffeler. Tom and Kristin discuss Kristin's chapter - Tapping Character Strengths to Move Families Forward - and how this chapter provides the tools to measure, apply and recognize character strengths amongst family members. Kristin discusses "strength spotting" and provides an example of a client and his family that applied this exercise resulting in a he...
In this episode of the Wealth of Wisdom podcast series, co-author Keith Whitaker interviews Josh Baron and Rob Lachenauer on their chapter 'Deciding If You Should Join the Family Business'. Josh and Rob discuss their assessment tool in their chapter that will help articulate what’s driving one's decision.
In this episode of the Wealth of Wisdom podcast series, co-author Keith Whitaker interviews Andrew Doust founder of Plenitude Partners and co-founder of Kore Venture. Keith and Andrew discuss Andrew's path to advisory work, how he helps families flourish, and his chapter that discusses the practice of a 'College Send-Off Ritual' for all generations in the family.
In this episode of the Wealth of Wisdom podcast series, co-editor Tom McCullough interviews John A. Warnick. Tom and John A. discuss his chapter, the practice of giving your trust a heart and soul that is a reflection of you, and the benefits it will bring to your family.
In this episode of the Wealth of Wisdom podcast series, co-editor Tom McCullough interviews Dr. Jamie Traeger-Muney. Tom and Jamie discuss her practice of “creating your future now”. Instead of just thinking about what you want, if you ask your brain to visualize it as if it has already happened, you have a far greater ability to envision your future.
In this episode of the Wealth of Wisdom podcast series, co-author Tom McCullough interviews renowned sixth-generation counselor-at-law, now-retired attorney James E. (Jay) Hughes. Tom and Jay discuss his journey, what really matters to families, and three practices he has used successfully with families over the years.
In this first episode of their new podcast series, co-authors Tom McCullough and Keith Whitaker are interviewed by Scott Dickenson on their new Wealth of Wisdom book and podcast series. The group discusses why Tom and Keith decided to write another Wealth of Wisdom book and how this one differs from their first book. A great overview of what the book is about, who it is for, and some of Tom and Keith’s favourite chapters and practices from the new book.
In this special 50th episode of the Wealth of Wisdom podcast, co-editors Tom McCullough and Keith Whitaker are interviewed by Scott Dickenson on their experience writing Wealth of Wisdom and recording 50 podcast episodes since October 2018. Tom and Keith discuss their favourite chapters from the book, the topics that have resonated the most with readers, and what specific skills and ideas that each of them brought to the project. They also cover how the podcast came to be and some of their most ...
How can you think through the use of wealth that exceeds your personal needs? This is a perennial question to which Paul Schervish applies the perennial insights of St. Ignatius. In this conversation with Keith Whitaker, Paul shares elements of the 'discernment process' and its application to the disposition of wealth. He also talks about how discernment takes into account the joys and anxieties wealth-holders feel about the impact of wealth on others. And he even recounts some of the challenges...
In this week’s episode of the Wealth of Wisdom Podcast, Tom interviews investing legend Howard Marks on his chapter from the book entitled, "How should private investors understand and deal with investment risk?" Howard is a well-known investor, speaker and author on the topic of investing and risk. Listen as Tom and Howard engage in a wide-ranging conversation on the current market environment, his thoughts on investor behaviour, the trend towards passive investing, and how his memos to clients...
In this episode, Tom McCullough interviews Meir Statman, well-known author and professor at Santa Clara University who specializes in behavioral finance. We talk about what behavioral finance really means and how it impacts the lives of families of wealth. Meir also talks about his chapter in Wealth of Wisdom answering the question “What is the right balance between saving and spending in retirement?” In his research interviews with couples in retirement age, he finds that many have more than en...
How much should we give our children and when? That's probably the most common question that parents with wealth ask. In this interview with Keith Whitaker, Peter Evans, a leading personne de confiance to wealthy families, takes on that question directly. He discusses the importance of not giving significant financial resources to children before they have become mature and independent. He also describes tools that families can use to learn about themselves--the surprising key, Peter argues, for...
Dean Fowler is one of the founders and leaders of the field of family business consulting. In this conversation with Keith Whitaker, Dean shares his perspective on how the field has changed over the last 35 years. He also describes the seven habits that he has found help prepare successors in families with business or wealth to succeed as family leaders. Dean discusses strategies for successors to establish their own independence and reshape family communication patterns, as well as to learn how...
In this episode, Tom McCullough interviews Chris Brightman, Chief Investment Officer of Research Affiliates, who discusses the rates of return investors can expect from their investment portfolios. Of course no one can predict exactly what returns will be, particularly over short periods of time, but in this conversation Chris lays out a fact-based, time-tested approach that will help families and advisors plan for the future. In this conversation, Chris also shares how he set up a diversified a...
Lisa Parker is president and executive director of the Lawrence Welk Family Foundation, which was established by her grandfather, the world-famous entertainer and entrepreneur. In this interview with Keith Whitaker, Lisa talks about lessons she learned from her work with the second, third, and fourth generations of her family, as well as what she's learned from other families about how to engage children and grandchildren in philanthropy. Along the way, Lisa addresses the challenge of navigating...
