Family Business Audiocast

Grazie di cuore a We Wealth per avermi incluso, per la terza volta consecutiva, tra i Top 200 advisor del wealth! 🙌 Ogni giorno, lavorare con famiglie imprenditoriali, giovani, family office e professionisti del family business mi ricorda quanto il nostro ruolo sia cruciale non solo nella gestione del patrimonio finanziario e socioemotivo, ma anche nella costruzione di valori, visioni, strategie, architetture di governance e continuità per le generazioni future. Ricevere questo riconoscimento è un grande onore, ma soprattutto una spinta a continuare a ricercare, formare e innovare in un settore che evolve rapidamente. A tutti i colleghi che condividono questa missione: il nostro lavoro ha un impatto che va oltre i numeri. Continuiamo a investire nella conoscenza, nei valori e nelle relazioni, perché la vera ricchezza si costruisce nel tempo. 🔗 La guida completa è disponibile qui: https://lnkd.in/dR9Fpjsb #familybusiness #familyoffices #nextgen #impresefamiliari #familyoffice #famiglieimprenditoriali

Family Office Investing. People are often surprised when they see family office portfolios. With such large asset size, they expect them to be very "institutional" in their portfolio construction. And sometimes this is true, especially for those portfolios built on more of an endowment style model. But often, they reflect the family's interests and biases. Which makes sense - if they have a skill set in VC or real estate - why not lean into it. A portfolio that is less like a pension fund and more like a high net worth individual means that investment policy and other governance measures are paramount. And this article from Barry Ritholtz states the goal, no matter your asset size - don't try to score wins all the time, just try to make fewer errors. Five simple rules for everyone (family offices included): 1) Avoid excess fees - with an eye to total return. Make sure you include advice fees, not just MERs. 2) Don't chase investments based on high historical returns - often you're late to the party and mean reversion kicks in. 3) Core and satellite - keep a stable core and, if needed a satellite that can create fun/engagement etc. 4) De-risk/Rebalance - back to long term weights 5) There is no free lunch - higher yield/return = higher risk. There's a fine line between 10% yield and zero. The key for family offices is to have a decision making process regarding the investment office. I cover this topic in the latest episode of the Family Office Sherpa Podcast titled: "Overcoming Decision Making Paralysis in the Family Office" here:https://lnkd.in/gvufMncH or on Apple Podcasts. #familyoffice #wealthmanagement #assetmanagement #familyoffices https://lnkd.in/gcm8tXMZ

We are thrilled to unveil the second issue of our proprietary Expert Contributor Series—an editorial initiative dedicated to showcasing the foremost minds in family firms, family businesses, and the broader family enterprise ecosystem. For this edition, we proudly feature Richard J. Wolkowitz, a seasoned advisor with over 25 years of experience in family office management and the visionary founder of Xylogenesis® | Family Office Advisory. Richard has spent his career guiding multigenerational families through the complexities of wealth management and governance while helping them build more effective operational structures. Richard challenges conventional wisdom by emphasizing the need for stronger frameworks in family offices. He highlights the risks of inefficiency and complacency while advocating for professionalized management and independent oversight to strengthen long-term success. Join us as we explore Richard’s thought-provoking perspectives on modernizing family office practices, ensuring they remain adaptable, forward-thinking, and positioned for lasting impact. R. Adam Smith Aaqib Gondal Jasmine Ren Johanna Wu #FamilyBusinessChronicle #FamilyBusinessAudiocast #Entrepreneurship #Innovation #Leadership #Legacy #Generational #ForwardThinking #ExpertContributorSeries

Family business is an important part of the global economy. Here are 5 reasons why family businesses are contributing and playing an important role in supporting global development. Be Bold. Be Daring. Be Different! #leadership #familybusiness #familyoffice

Yesterday’s HBS Global Families in Business Conference was another outstanding event! Congratulations to the Family Business Club at Harvard Business School for hosting a record-breaking gathering, with 900 tickets sold and over 150 MBAs from business schools across the country flying in to take part. This conference has become a cornerstone for those engaged in family enterprise, and each year it only gets better. The lineup of speakers was exceptional - Nadja Swarovski shared insights on leading a century-old family business; Charles Conn, Board Chair of Patagonia, explored redefining ownership in family business; and Maliha and Sarah Faisal Ahmed of DL1961 brought a thoughtful mother-daughter perspective on legacy and innovation.  I also want to thank Arthur Piëch, Vincent Dassault, and Sarah von Faber-Castell for engaging with me in a panel discussion on the rising generation’s role in family business. A huge well done to the Family Business Club, especially Rosa Morona, Viraj Patel, and Nitya Hinduja, for their leadership in making this conference such a success. Hats off as well to conference co-chairs Katie Newton and Pelayo A. and the entire team for their incredible work. Looking forward to seeing how they build on this momentum for 2026! Anisha Agarwal Sofia Daboub Silhy Nikki Katthain Sebastien Pierre-Louis Armaan Arora Mahir Chadha Jose A-Pallete Mihir Menda #FamilyBusiness #FamilyEnterprise #FamilyOffice #FamilyLegacy #HarvardBusinessSchool

Key Takeaways from The Family Business Network - FBN Levant panel discussion at ESA BUSINESS SCHOOL on 𝗘𝗳𝗳𝗲𝗰𝘁𝗶𝘃𝗲 𝗖𝗼𝗿𝗽𝗼𝗿𝗮𝘁𝗲 𝗮𝗻𝗱 𝗙𝗮𝗺𝗶𝗹𝘆 𝗚𝗼𝘃𝗲𝗿𝗻𝗮𝗻𝗰𝗲 𝗳𝗼𝗿 𝗙𝗮𝗺𝗶𝗹𝘆 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀𝗲𝘀 led by Constantin Salameh and Fady Debbane. • 𝗕𝗮𝗹𝗮𝗻𝗰𝗶𝗻𝗴 𝗖𝗼𝗿𝗽𝗼𝗿𝗮𝘁𝗲 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝘆 & 𝗙𝗮𝗺𝗶𝗹𝘆 𝗗𝘆𝗻𝗮𝗺𝗶𝗰𝘀: - Governance frameworks must address both business objectives and family relationships. - Clear roles and responsibilities, succession planning, and transparency are essential. • 𝗖𝗿𝗲𝗮𝘁𝗶𝗻𝗴 𝗮 𝗧𝗿𝗮𝗻𝘀𝗽𝗮𝗿𝗲𝗻𝘁 𝗚𝗼𝘃𝗲𝗿𝗻𝗮𝗻𝗰𝗲 𝗦𝘆𝘀𝘁𝗲𝗺: - A well-defined structure ensures clarity in decision-making and fosters family unity. - Exit mechanisms allow family members to leave without disrupting the business. • 𝗘𝗳𝗳𝗲𝗰𝘁𝗶𝘃𝗲 𝗕𝗼𝗮𝗿𝗱 𝗖𝗼𝗺𝗽𝗼𝘀𝗶𝘁𝗶𝗼𝗻: - A balance between family involvement and independent leadership ensures long-term sustainability. - Independent directors bring objectivity, while family members maintain a connection to core values. • 𝗙𝗮𝗺𝗶𝗹𝘆 𝗖𝗼𝗻𝘀𝘁𝗶𝘁𝘂𝘁𝗶𝗼𝗻 𝗮𝘀 𝗮 𝗟𝗶𝘃𝗶𝗻𝗴 𝗗𝗼𝗰𝘂𝗺𝗲𝗻𝘁: - A dynamic document that adapts over time to changing needs of both the family and business. - Regular reviews ensure alignment across generations and with evolving business strategies. • 𝗦𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲𝗱 𝗗𝗲𝗰𝗶𝘀𝗶𝗼𝗻-𝗠𝗮𝗸𝗶𝗻𝗴: - Clear categories for board discussions: Matters for information, decision, and discussion. - Helps navigate complex family business decisions and ensures consistent strategic direction. • 𝗔𝗱𝗮𝗽𝘁𝗮𝗯𝗶𝗹𝗶𝘁𝘆 & 𝗖𝗿𝗶𝘀𝗶𝘀 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁: - Governance structures must be flexible to adapt during crises or leadership transitions. - Open communication and transparency are critical to maintaining trust and alignment among stakeholders. • 𝗟𝗼𝗻𝗴-𝗧𝗲𝗿𝗺 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗶𝗹𝗶𝘁𝘆: - Family businesses thrive when they continuously adapt, stay true to core values, and maintain strong governance. - Balancing tradition with modern governance strategies is key to evolving while preserving the legacy. #FamilyBusiness #Governance #corporategovernance #familygovernance #Leadership #SuccessionPlanning #Sustainability #Adaptation #FBNLevant #FBN #NxG #thefamilybusinessnetwork #nextgeneration #legacy

Season 1 of ONE WORLD's podcast series, Family Office Principals, has come to a close, and we thoroughly enjoyed gaining insights and wisdom fist-hand from leaders directly involved in their family office ecosystems. If you haven't already, you can check out trailers and links to full episodes here: https://lnkd.in/gNaH8hac In the spirit of honoring leadership, we also wanted to highlight other great family office and business-focused podcasts that you can add to your rotation: The UHNW Institute Podcast - Host: Russ Haworth https://lnkd.in/giHieEYT Wealth of Wisdom - Hosts: Tom McCullough and Keith Whitaker https://lnkd.in/gvVNDPgN Family Business Audiocast - Host: R. Adam Smith https://lnkd.in/g8HBCRee Purposeful Planning Podcast (Purposeful Planning Institute) https://lnkd.in/gdgaHkTy FOXcast (Family Office Exchange) - Host: Peter Moustakerski https://lnkd.in/gNQ3niy5 The Family Office Sherpa - Host: Shaun Parkin https://lnkd.in/gMmb7K7z The WealthTech Podcast - Host: Mark Wickersham https://lnkd.in/ggKwMmM8 The Inheritance Podcast - Host: Joseph Reilly https://lnkd.in/gBHzpV9z We'd love to learn what some of your other favorites are in the comments!