In this two part interview with Dennis Jaffe, Ken McCracken, Daniel Trimarchi and Stacy Allred we explore the topics covered in the white paper that they have co-authored.

The collaboration is an example of the work being undertaken via the Ultra High Net Worth Institute (www.uhnwinstitute.org).

The white paper covers three key elements of transition planning

1 – Rethink

2 – Rebalance

3 – Re-invent

Through this discussion we explore each of these areas and gain insights from the guests on some of the key areas of this ever present topic within family business and family enterprise.

I am joined on the show by a fantastic panel of guests who have successfully collaborated to create an engaging and thought provoking White Paper, you can find out more about each of the guests by following the links below.

Stacy Allred, Senior Managing Director, Head of Family Engagement & Governance of First Republic Investment Management

Dennis Jaffe, Ph.D., Senior Research Fellow for BanyanGlobal Family Business Advisors

Ken McCracken, Family Business Consultant at MFBC Limited

Daniel Trimarchi, Director, Family Business Advisory Services for KPMG in Canada.

You can read the paper by visiting this link

Interview Part One

Part One of the interview sets the scene for how the paper came to be and we dive into some of the key elements of our existing thinking that the paper suggests we challenge.

*** Listen to the Episode *** 

Interview Part Two

We continue our discussions with Stacy, Ken, Daniel and Dennis in the second part of this interview.

We look at the importance of language and some practical examples of successful transitions within family enterprises.

*** Listen to the Episode *** 

About The Ultra High Net Worth Institute

I am fortunate to be a member of the Advisory Board and Faculty for The Institute and I am strong advocate for the work that they are doing.

As a nonprofit think tank and learning exchange, The UHNW Institute is elevating the wealth management industry to a new standard so that families and their advisors can foster prosperous and meaningful relationships from one generation to the next.

If you work in the wealth management field, I would strongly recommend that you check out the work that they are doing.