EXCELSIOR CAPITAL PRESENTS

The Modern Family Office: Building a Business That Lasts

Josh Baron is a co-founder and Partner at BanyanGlobal. For the last decade, he has worked closely with families who own assets together, such as operating companies, family foundations, and family offices.
Go Beyond Marketing and Create a Better Customer Experience

Podcast: The Modern Family Office – Building a Business That Lasts

Josh Baron is a co-founder and Partner at BanyanGlobal. For the last decade, he has worked closely with families who own assets together, such as operating companies, family foundations, and family offices. Josh is a Visiting Lecturer in Executive Education at Harvard Business School and Co-Author of Harvard Business Review’s Family Business Handbook.

Key Highlights

[00:01 – 12:12] Building a Family Business That Lasts: Exploring Nature vs. Nurture

  • Family businesses are either really good or bad, and there are both extremes in the world
  • 1/3 of the S&P 500 are publicly traded but privately controlled
  • Ownership is the most important and least discussed the idea in business
  • Family businesses have seen an increase in interest and have become their asset class

[12:13 – 30:13] Exploring the Dynamics of Family Businesses and Family Offices

  • There are similarities between family businesses and family offices, but there are also differences that need to be addressed
  • Intentionality is key when creating a family office 
  • Family offices should have a multi-generational time horizon

[30:14 – 37:29] Navigating Conflict and Market Volatility: How Family Businesses Can Thrive During Difficult Times

  • The notion that wealth dissipates quickly over generations is unsupported by evidence
  • Most businesses do not last for 100 years, regardless of family involvement
  • Conflict can be both destructive and constructive; it is important to find a balance between the two
  • Family businesses tend to have more conservative balance sheets

[37:30 – 38:56] Closing Segment

Additional Links:

Website: https://www.linkedin.com/in/joshbaron/ 

Josh’s Linkedin: https://banyan.global/ 

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

Previous Articles

the-ultimate-guide-to-commercial-real-estate-investing

The Ultimate Guide to Commercial Real Estate Investing

Learn everything you need to know to assess the benefits of a commercial real estate investment and make the best decisions to get started.

Does Real Estate Deserve a Larger Role in the Ideal Future Portfolio

Does Real Estate Deserve a Larger Role in the Ideal Future Portfolio?

Investors should be prepared for equity returns during the next decade that are towards the lower end of their typical performance distribution relative to bonds and inflation.

Understanding Common Real Estate Investment Structures

Understanding Common Real Estate Investment Structures

A Guide for Accredited Investors. Explore some of the most common real estate investment structures and how they work.

Commercial Real Estate: Key Investment Performance Metrics

Commercial Real Estate: Key Investment Performance Metrics

In this guide, we’ll break down some of the most common terms to know so you can feel confident going into your next investment.

Are Medical Office Buildings A Good Investment

Are Medical Office Buildings A Good Investment?

Here are a few key considerations that highlight why a medical office building could be a solid choice.

Stabilized or Value-Add Investments

Stabilized or Value-Add Investments: Which Strategy Is Right For You?

For real estate investors, distinguishing between the strategies of stabilized and value-add investments can mean the difference between…

Q1 2024 commercial real estate market update

Q1 2024 Commercial Real Estate Market Update

While we’re encouraged and cautiously optimistic about 2024, we see economic data implicating some near-term uncertainty as the Fed tries to moderate growth.

Tax Planning For Real Estate Investors

Tax Planning Tips for Real Estate Investors

Investing in commercial real estate offers numerous advantages, with a significant one being the potential for substantial tax benefits.

What Is Distressed Real Estate

What Is Distressed Real Estate?

The current real estate market has opened up a unique window of opportunity for investors looking to capitalize on distressed real estate.

Excelsior Capital

A real estate private equity firm that owns and operates high quality multi-tenant office assets in emerging secondary markets.

Interested in learning more about Excelsior's investment opportunities?

Excelsior Capital

104 Woodmont Blvd, Suite 120
Nashville, TN 37205

investors@excelsiorgp.com

Disclaimer: Under no circumstances should any information presented on this website be construed as an offer to sell, or solicitation of an offer to purchase any securities or other investments. This website does not contain the information that an investor should consider or evaluate to make a potential investment. Other materials related to investments in entities managed by Excelsior Capital are not available to the general public.

Share This