Key Highlights

[00:01 – 07:56] Opening Segment

• Richard’s brief background and career
• A family office is a full balance sheet investment solution for an ultra-wealthy family
• Some wealth management firms call themselves multi-family offices to target more affluent clients

[07:58 – 12:35] Investing in Health and Wellness: What Wealthy Families Need to Know

• Helping families design an approach to acquire deals at a superior valuation
• Post Covid, people move faster to take advantage of opportunities
• Smart families invest in health & wellness programs

[12:36 – 18:19] Taking Advantage of Opportunities to Self-Regulate and Live Longer

• Investing in health is more important than money
• Not having caffeine or alcohol can have positive impacts on wellbeing
• Sleep is essential; less than 6 hours a night is unhealthy

[18:20 – 26:07] Unlocking Capital Allocation Strategies for New and Multi-Generational Family Offices

• Email blasting and following up excessively do not work when trying to access family office investors
• Adding value, standing out, concise communications, and a unique offering are key
• Referrals and knowing the industry help speed up the process

[26:08 – 35:19] Exploring the Trends of Impact Investing and Generational Wealth Transfer

• Younger generations are more likely to focus on ESG and impact investing than older generations
• Successful families outsource investment management, focus on areas they are passionate about, and pass on values rather than just wealth
• Family values should be integrated into everyday life and reinforced with rewards and consequences

[35:20 – 38:02] Closing Segment

• Connect with Richard through the links below!

Additional Links:

Connect with Richard: www.FamilyOffices.com 

Brian’s Linkedin: https://www.linkedin.com/in/brian-c-adams/