WealthCAP SPEAKS Podcast: Recent Episodes
Succession Advisors
Insightful conversations with industry experts at the top of their fields in all areas of wealth management services critical to affluent individuals and families of high- and ultra-high net worth and the trusted advisors who serve them.
Private Placement Life Insurance (PPLI) can offer both tax and non-tax benefits under the right circumstances. But like any financial product, understanding the complexity is key. Join us for a conversation with Craig Welch, President of LongRoad Risk Management, in this educational session on who may qualify to purchase, how it's acquired, various tax and asset protection attributes for consideration, fees, and useful estate planning structures through which PPLI may be purchased.
Everyone understands the importance of sound business succession planning though more than half of family business owners lack a formal, documented, and communicated plan for transitioning the business to the next generation of family members. Common struggles and emotional hurdles exist for both Founders and NextGen. In this episode we learn from Nike Anani, an award winning family business strategist and consultant, and her new book Lifetime to Legacy , about what those challenges are and how you can best navigate them to better support the succession planning process to ensure a healthy and smooth transition not only for the good of the business but also for the good of the family.
A discussion with Alexandra Poe and Erik Segelbaum on wine cellaring, from how best to organize your collection to seeking out the perfect additions from regions across the World. Sandra has been a brand ambassador for Rhône winemaker Clos de Caveau, a judge at the Feminalise wine competition in France, and a wine events host for professionals across industries. Erik is the founder of SOMLYAY, a private client consulting and wine education business. He is also one of the 2020 Wine Enthusiast 40 under 40 Tastemakers and 2019 Food & Wine Magazine Sommelier of the Year.
In light of the pandemic Erik also established the www.unitedsommeliersfoundation.org to provide financial support and resources to those in need within the wine community.
“The likeability trap: the pursuit of likeability at the expense of authenticity—is arguably the biggest and the most all-encompassing pitfall for women who aspire to lead”. A chat with Michelle Langdon, Co-Founder of Wellth-Works, about this concept in the latest book by Alicia Mendez. Michelle explains the systemic problems affecting women such as the lack of representation of women at the top, why for women to be a leader we must be authentic but others may either see our authentic selves as not-leaderly, or as leaderly but unlikeable. Listen to how we can effect change both at an individual level and a macro-level to re-code how we view women and leadership and learn to balance authentic leadership with success.
Family Office Executive, Kathy Houret, shares her personal insights and experience into the multi-year family wealth education journey she took with the multigenerational wealth family she serves. Hear her describe first-hand why they did it, how they approached it, and the transformational change it brought to the family unit - consisting of 3 generations, 6 family branches, and 29 family members.
A first episode in a series of fireside chats with Ella Hyland Chase, a 6th generation asset recipient from a hundred-plus-year family, a certified CTI coach, a facilitator, mentor, speaker and recognized authority on the psychology of leadership and negotiations. Ella and her Co-Founder, Michelle Langdon, established Wellth Works, an executive coaching and leadership firm helping ambitious, impact driven women get ahead on their own terms. Hear Ella's insights into multi-generational wealth and the challenges female wealth inheritors and wealth creators commonly experience. Learn how Wellth Works' unique approach supports this community of women to become the leaders of tomorrow.
On this episode with Patrick Meagher, COO of Novus Intelligence, we will learn how you can manage your digital footprint and keep the information you deem most sensitive from being exposed or sold on open and dark sources. Have you ever walked through the mud or snow and looked back to see the trail of footprints you just left? If so, you were probably thinking that the trail would help you find your way back, meanwhile someone else may be using that trail to track your movements and obtain insight into exactly what you are doing without you being aware. Your internet activity leaves footprints across the digital landscape for hackers, identity thieves, and other individuals to not just identify your location, but learn everything about you.
An interview with Andrew M. Katzenstein, one of the top estate tax attorneys in the country and a Los Angeles based Partner at Proskauer. Hear Andy break down in plain English the proposals within the For the 99.5 Percent Act recently drafted and how the new rules could disrupt the estate planning world as we know it.
Patrick Maegher, COO at Novus Intelligence, joins us for a conversation about cybersecurity risks. If your family office or private wealth organization were a target of a coordinated cyber-attack, would you know it even happened? Do you, your workforce, and your family have the knowledge and tools needed to prevent, mitigate, and respond to a cyber-attack happening in real time? Organizations are being forced to adjust their strategic approach to securing their systems due to a volatile digital landscape, and malicious cyber actors are adapting more quickly and efficiently than you may be aware.
The underwriting process is a complicated and highly scrutinized process. Craig Welch, CEO of LongRoad Risk Management, explains why it’s the only component of the entire life insurance purchase process that can work in your favor if you have the right advocate working for you – the risk in underestimating underwriting can be money out of your pocket into the carries.
Discussion with Craig Welch, President & CEO of LongRoad Risk Management, about the reasons driving the skepticism when purchasing life insurance and how to navigate those elements to find the right life insurance broker who will advocate in your best interest and knowing when you really need to consider it.