Claim OwnershipThe Mack Podcast
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© Brian Adams
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Join us each week as we discuss trends shaping the family office landscape, featuring conversations with top industry professionals.
To learn more about Mack International, please visit www.mackinternational.com.
To learn more about Mack International, please visit www.mackinternational.com.
69 Episodes
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In today's conversation, Ken Polk discusses the motivations behind his book and the importance of spiritual capital in family dynamics. He emphasizes the need for collective purpose within families and introduces the concept of Followship, which focuses on helping family members fulfill their dreams. Ken outlines the three laws of family legacy—legacy, longevity, and lineage—and provides practical applications for families to navigate their wealth and values. He highlights the significance of intentionality in family business succession and the role of family meetings in fostering communication and planning for the future.To learn more about Mack International, please visit www.mackinternational.com.
In this episode, panelists discuss the implications of the Corporate Transparency Act on family offices, the evolving landscape of insurance and risk management, and the current state of private equity investments. The conversation delves into the complexities of the current fundraising environment, highlighting the challenges faced by fund managers and family offices. It discusses the emergence of new investment vehicles like evergreen funds, the liquidity crisis in private equity, and the importance of due diligence. The speakers also explore the evolving strategies of family offices, the growing interest in secondary markets, and the shifting landscape of London as a financial hub.To learn more about Mack International, please visit www.mackinternational.com.
In this conversation, Dr. Brian Dooreck discusses the concept of Executive Health Navigation, a tailored healthcare advocacy service designed for ultra-high-net-worth individuals and families. He emphasizes the complexities and inefficiencies of the current healthcare system. Dr. Dooreck shares insights on crisis management, preventive care, and the importance of having an advocate in navigating healthcare. He also addresses the limitations of concierge medicine and outlines the business model of his service, focusing on trust and personalized care rather than scalability.To learn more about Mack International, please visit www.mackinternational.com.
In this episode, we sit down with Catherine Fankhauser to explore the rapidly evolving role of technology in family offices. We delve into the critical need for understanding internal priorities, navigating the complexities of integrating diverse tech solutions, and avoiding common implementation missteps. Catherine underscores the importance of strong executive sponsorship, the growing role of data analytics, and the transformative potential of AI in shaping family office operations. The conversation also highlights the value of effective reporting and the imperative for family offices to embrace future-forward technology trends to remain competitive and scalable.To learn more about Mack International, please visit www.mackinternational.com.
In our first ever panel discussion, we sit down with Ben Goldman, Natalie McVeigh, Shaun Parkin, and John Lueken to discuss 2025 family office trends. We dive into PWC's Global Family Office Deals Study, which highlights: Why family offices are becoming increasingly professionalized, the shift in family offices’ investment focus, the role of impact investing, and the “NextGen effect”.To learn more about Mack International, please visit www.mackinternational.com.
In this conversation, Brian Adams and Charmaine Tang explore the complexities of family dynamics in wealth management, focusing on the concept of the 'next gen sandwich' and the challenges of succession planning. They discuss the importance of open communication, the role of technology in bridging generational gaps, and strategies for facilitating difficult conversations within families. Charmaine emphasizes the need for a structured approach to discussions, highlighting the significance of third-party advisors in navigating sensitive topics. The conversation also touches on the evolving landscape of family offices and the necessity for families to adapt to changing dynamics as they manage their legacies.To learn more about Mack International, please visit www.mackinternational.com.
In this episode, Dr. Paul Hokemeyer shares his journey from corporate bankruptcy lawyer to family wealth therapist, offering insights into the intersection of mental health and wealth. He examines the challenges faced by ultra-high-net-worth families, including issues of identity, isolation, and the impact of personality disorders like narcissism.Dr. Paul emphasizes the importance of cultural competency in mental health care for affluent individuals and explores the shift toward a holistic approach to wealth management that integrates emotional well-being. He also addresses neurodiversity within wealthy families, advocating for greater understanding and support.
In this conversation, Brian Adams hosts Celine Fitzgerald and Kristen Heaney, who share their personal journeys in the family office space. They discuss the evolution of family offices, the challenges of defining success, and the importance of peer learning and community support for the rising generation. The conversation highlights the need for tailored approaches to different generational needs and the significance of legacy and family dynamics.For more information on the RisingGen Peer Group, please complete the interest form here: https://9gk4m7li.paperform.co/For more information about Mack International please visit www.mackinternatinal.com.
In this conversation, Brian Adams and John Zimmerman delve into the complexities of shifting from a family business to a family financial enterprise. They discuss the importance of planning for liquidity events, the emotional aspects of selling a business, and the need for governance and distribution policies. John shares insights from successful family transitions and emphasizes the significance of holistic wealth management approaches that go beyond mere investment returns.
In this conversation, we sit down with Josh Gentine to explore the intricate dynamics of family businesses and the importance of communication, governance, and alignment in ensuring family harmony and successful transitions across generations. Josh shares his insights from his experience as a family business and family officer advisor, emphasizing the need for families to invest in understanding one another and to implement effective governance structures that reflect their values and goals. The discussion highlights the challenges families face, the role of independent oversight, and the shift from viewing a family business as merely a business to embracing it as a 'business family.'For more information about Mack International please visit www.mackinternatinal.com.
In this conversation, Joe Bell examines how family office investments have evolved in the aftermath of COVID. He talks about the shift in investment strategies, including the growing interest in sectors like AI and sports teams, and the emotional factors that come into play with these types of investments. He also emphasizes the importance of estate planning and tax strategies as families manage their wealth. The discussion touches on current liquidity challenges and looks ahead at the trends that could shape the future of family office investing.For more information about Mack International please visit www.mackinternatinal.com.
In this episode, R. Adam Smith shares his insights on the evolution of family offices and family enterprises, focusing on how collaboration, strong governance, and a shared sense of passion are key to their long-term success. He discusses the challenges of navigating complex investment strategies and the need for families to evolve with a shifting financial landscape while safeguarding their legacies. The conversation also touches on the importance of aligning values and culture within family offices to create lasting impact and sustained prosperity.For more information about Mack International please visit www.mackinternatinal.com
Brian C. Adams and David Wells delve into the shifting dynamics of family offices, highlighting the critical role of intentionality, cultural alignment, and thought leadership in wealth management. Drawing from his extensive experience in the family office sector, David shares valuable insights, emphasizing the importance of relational engagement and clarity around family goals and values. Their conversation explores how family offices can foster effective long-term planning and examines the pivotal influence of culture in shaping family dynamics and legacy.Learn more about Mack International at www.mackinternational.com.
Join us as we delve into the distinct challenges confronting the next generation of ultra-high-net-worth families. Jake Knight, co-founder of Enclave, highlights the necessity of cultivating safe and inclusive spaces where these individuals can connect, share their journeys, and address the intricate dynamics of family and wealth. This discussion explores the pivotal role of empathetic advisors, the power of community, and the importance of fostering an environment that supports personal growth and transformation.Learn more about Mack International at www.mackinternational.com.
This conversation explores the evolution of philanthropy, emphasizing the growing importance of impact in charitable giving. Kim Ledger and Sarah Rhodes discuss various charitable vehicles, including family foundations and donor advised funds, and how families can navigate these options effectively. They highlight generational shifts in philanthropy, governance structures, and best practices for engaging the next generation in philanthropic efforts.Learn more about Mack International at www.mackinternational.com.
Join us for a conversation with Jake Williams and Robin Miller, co-founders of Fortified Risk Group. We discuss the current state of personal security for high-net-worth-individuals, the challenges within the personal security industry, and the importance of taking both physical and digital security measures in today's world.Learn more about Mack International at www.mackinternational.com.
In this conversation, Covie Edwards-Pitt discusses her journey as an author and thought leader in wealth management, focusing on the importance of positive framing in addressing the challenges faced by wealthy families. She emphasizes the need for intentional parenting, the balance between support and independence for children, and the significance of agency in wealth inheritance. Covie also explores the dynamics of non-linear relationships, the implications of governance structures, and the often mishandled prenup discussions. The conversation highlights the necessity of redefining risk in wealth management to prioritize human relationships and effective communication.Learn more about Mack International at www.mackinternational.com.
Scott Saslow discusses the concept of building a sustainable family office and the importance of having a clear purpose and mindset. He emphasizes the need for family offices to be robust and durable, built to last even if principals leave. He shares his own experience of starting a family office and the intentionality behind it. The conversation delves into the role of sustainable investing and the ability of family offices to leverage different forms of capital for impact. Saslow outlines five key building blocks for a sustainable family office: mindset, mission, structure, talent, and flexibility. The conversation concludes with a discussion on the paradigm shift in the management of family offices, where they are seen as opportunities rather than obligations.To learn more about Mack International, please visit www.mackinternational.com.
The conversation delves into embedded family offices—often overlooked structures within family businesses—highlighting their blurred boundaries between family and business, along with the risks and challenges they pose. Experts stress the importance of proper documentation, controls, and systems to manage these risks, while also discussing the transition from embedded to standalone family offices. This transition requires careful planning, addressing psychological factors in business sales, and focusing on governance and risk management. The discussion covers best practices for pre- and post-sale scenarios, emphasizing comprehensive insurance, regular document reviews, and the involvement of neutral parties. The role of family offices in preserving legacies, fostering communication, and supporting philanthropy is also explored, with insights into the common traits of successful transitions.Resources:hotalinginsurance.comtheblumfirm.comxylogenesis.comTo learn more about Mack International, please visit www.mackinternational.com.
Beth Rahn, founder of New Era Advisors, discusses the concept of non-concessionary investing and the importance of backing diverse and sustainable investment managers. She highlights the outperformance of teams with greater gender and racial diversity and emphasizes the opportunity for investors to generate alpha by allocating capital towards diversity initiatives. Beth also shares insights on the current landscape of LPs and emerging managers, the role of family offices in backing emerging managers, and the importance of relationship building in fundraising. She encourages family offices to ask the right questions and leverage their networks to find opportunities that align with their investment goals.To learn more about Mack International, please visit www.mackinternational.com.
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