Key Highlights

[00:01 – 06:55] Opening Segment

• Introducing Tom Geddes and Alice Paik
• Brown Advisory is a private, independent firm with clients across all 50 states and in other countries
• The importance of having a warm and engaging client-first mentality

[06:59 – 13:30] What Families Need to Know in 2023

• The threshold for setting up a single-family office has grown in recent years
• Multi-family offices are often used as a marketing term without fully understanding it
• Advice and service are two other vital components for families

[14:31 – 20:07] Exploring NextGen Education and ESG Investing for a Smooth Transition

• The importance of raising responsible decision-makers
• Helping families understand what wealth means to them and their impact
• Educating kids/grandkids about the responsibility that comes with wealth

[20:08 – 28:49] Investing and Philanthropy Come Together for Families

• Reminding the senior generation to let go of their control in small, incremental steps
• ESG sustainability is a core competency at the farm and is seen as an investment approach that can drive a competitive advantage
• Endowments and foundations business growing with families are often involved with these organizations

[28:40 – 32:26] Investing in Prosocial Ways to Align with Mission Goals

• 5% of endowment resources are being used for prosocial and mission-aligned investments
• Combinations, acquisitions, and expansions are all tied back to the core mission of the firm

[32:27 – 35:19] Closing Segment

• Connect with Tom and Alice through the links below
• A daily practice that helps bring peace to your life

Additional Links:

Connect with Tom and Alice: www.BrownAdvisory.com 

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