Compounding Your Family’s Wealth: Building a Multigenerational Total Wealth Portfolio

Daily 8:30 AM – 12:30 PM Eastern

An Interactive Workshop to Reimagine your Family’s Long-term Wealth Strategy

No family wealth strategy is complete without planning for all of the family’s assets and activities, in an integrated way, to help the family achieve its big ambitions.

Nor without accounting for the critical financial and non-financial drivers that can make or break a family’s achievement of their wealth aspirations––such as family dynamics, governance, talent, family diversity, and increasing human longevity, among others.

Welcome to the Total Wealth approach to multigenerational wealth-building.

This approach, developed by CFEG, helps families think about long-term wealth-building in a new and complete way.

Join us for the annual program, Compounding Your Family’s Wealth, a three-session, live–online workshop for wealth creators and their families worldwide to elevate their wealth strategy and apply the Total Wealth approach.

Through this program, you will increase your depth of knowledge of the integrated and strategic drivers of growing multigenerational wealth, and apply the Total Wealth approach to your family’s wealth strategy.

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Do You Want to Increase Your Ability to Make Wise Strategic Decisions for Your Family’s Total Wealth?

As a member of a successful enterprising family, you are working hard to sustain your family’s success by growing wealth, building value in each generation, and continuing your family’s strong legacy into future generations.

• Do you want to increase your ability to make wise, strategic wealth decisions for your family?
• Are you looking to elevate your understanding of wealth strategies to grow the value your family really wants to create and reach your family’s long-term wealth objectives?
• Does your generation want to do more than be caretakers of the family enterprise, but rather be active value creators who lead your family enterprise into its next growth stage?
• Are your family’s holdings designed to succeed for the long-term, or just for now? Are they collectively designed to withstand turbulence, excite the next generation, unite your family, and sustain into future generations?
• Despite solid investments and placing good financial bets, does your family encounter challenges that are depleting your wealth, such as disunity, indecisiveness, unwise decisions from uninformed owners, or over-spending?
• Have you attended mainstream wealth management talks and financial education courses, and want to expand beyond them to further develop your thinking about the elements of wealth-building that these courses overlook?
• Are you hungry to learn the latest discipline and practices for multigenerational wealth-building, which successful families around the world use?

Join us for the annual program, Compounding Your Family’s Wealth, a three-session, live–online workshop for wealth creators and their families worldwide to put to use the comprehensive strategies that will help you grow your family’s multigenerational wealth.

 

PROGRAM OVERVIEW

The Compounding Your Family’s Wealth program explores how to use the integrated approach and discipline that we call Total Wealth strategy—the innovation of Prof. John Davis, the world’s authority in long-term family enterprise success, which CFEG uses with families around the globe to build sustainable wealth plans.

Growing a family’s Total Wealth over generations integrates all of a family’s collective assets and investments, including operating businesses, financial investments, direct investments, real estate, family assets, and other family investments. It also integrates family activities such as philanthropy, family projects and interests, and the family’s lifestyle.

Developing a growth strategy for such a comprehensive Total Wealth portfolio requires deliberate practices and approaches.

It requires more than placing good bets.

It requires more than traditional wealth management.

It requires more than a well-designed family office.

It requires more than good governance.

A lot more.

Total Wealth strategy builds long-term wealth for your family in unique ways:

1. It focuses on the long-game of building value and achieving family success across generations.
2. It recognizes the importance of making the right capital bets and assembling the right portfolio of companies, assets and activities to meet the needs of complex families in an increasingly unpredictable world.
3. It recognizes that financial asset accumulation is but one consideration when building multigenerational wealth and family success. There are several ingredients needed to build value across generations—many of which are overlooked by families in pursuit of short-term financial gains.
4. It recognizes critical non-financial determinants that affect long-term wealth-building, and calls for the integration of both financial and non-financial drivers into a comprehensive wealth plan.
5. It integrates all of your family’s collective assets and activities into one consolidated plan—without silos or biases for any asset or asset class.
6. It empowers the owners on their wealth-building journey, placing their hands on the steering wheel of their wealth strategy. It recognizes the essential decisions owners should not delegate. It gives the owners a shared framework and vocabulary to drive the strategic direction, oversight, and leadership of their family’s Total Wealth.

How to apply these approaches and utilize these tools for growing multigenerational wealth are explored in-depth in the Compounding Your Family’s Wealth program.

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PROGRAM TOPICS

1. The CFEG Total Wealth Approach

• The ingredients for constructing a Total Wealth strategy for your family’s multigenerational wealth
• How a Total Wealth strategy helps families achieve multiple goals, including growing economic value and other types of value
• CFEG’s proprietary tools that offer fresh and comprehensive guidance for your family’s Total Wealth strategy

2. A Strategic Process for Developing a Family’s Total Wealth Strategy

• How to construct a family’s Total Wealth strategy to sustain through turbulent times and into the next generation
• Options for building wealth over the next decades, and the tradeoffs, scenario-planning, and decisions required to grow value
• The Owners’ lens for guiding, directing, and monitoring family wealth from the owners’ perspective, including the talent, governance, and inheritance plans for your wealth strategy

3. Long-term Success for Family Enterprise Wealth

• How your Total Wealth strategy must align with the requirements of long-term family success
• How to move to or remain on the wealth-building path your family wants to be on
• The key lessons of long-term family prosperity from families that have endured for generations

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WHAT IS A FAMILY’S TOTAL WEALTH PORTFOLIO?

A family’s Total Wealth portfolio is the collection of assets and activities that the family owns or controls, which bring financial and other rewards to the owning family.

A family’s Total Wealth portfolio includes the family’s businesses, financial investments, investment companies, family office, real estate, other ventures, family assets (such as homes and art), tangible assets (such as aircraft), philanthropic activities and social impact investments, and important family activities that unite, engage, and develop the family.

No family wealth strategy is complete without planning for all of the family’s investments and activities in an integrated manner to help the family achieve its big ambitions. This is at the core of the Total Wealth approach, developed by CFEG, which is at the heart of the Compounding Your Family’s Wealth program.

 

“I highly recommend this program to all families who want to understand the issues and challenges of continuing to increase financial wealth for the entire family.”

Past Participant,

1st generation family
business, Brazil

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Professor John A. Davis (Program Chair)
Founder and Chairman, CFEG
Professor of Family Enterprise, MIT Sloan

Professor John Davis is a globally recognized pioneer and authority on family enterprise, family wealth, and family offices. He leads the family enterprise area at MIT Sloan School of Management. He is a renowned researcher, educator, author, architect of the field’s most impactful conceptual frameworks, and advisor to leading families around the world. He founded CFEG in 1989 as a thought leadership, advisory, and education organization for multigenerational families.

 

Patricia Annino
Senior Advisor and Associate Partner, CFEG

Patricia Annino is an attorney and nationally recognized authority on estate planning with more than 30 years of experience serving the inheritance planning needs of families, individuals, and owners (including beneficial owners) of closely held and family-owned enterprises. She has pioneered inheritance strategies for enterprising families that account for the complexity and realities of today’s growing, diverse, multi-jurisdiction families.

 

Dr. Arvind Bhambri
Associate Professor of Management and Organization, USC Marshall

Dr. Arvind Bhambri specializes in business and portfolio strategy, strategic change, competitive strategy, and leadership. He is a professor of management at the Marshall School of Business at the University of Southern California. He is an award-winning teacher of MBA and executive students, and was named by the Wall Street Journal as one of the fourteen best EMBA professors worldwide. He advises and serves on the board of family companies around the world.

 

Craig Cognetti
Senior Advisor, CFEG

Craig Cognetti advises family enterprise owners on their total wealth strategies, with deep expertise in direct investing, M&A, corporate strategy, investment banking, and private equity. He helps owners identify their wealth objectives, vision, and strategy for the future of their corporate and financial assets, and execute their wealth strategy through considering acquisitions, divestures, experimentation, direct investing and private equity. He helps families, including next generation members, build the understandings, capabilities, and confidence to make wise decisions about investing their capital to grow wealth across generations.

 

Martin Liechti
Teaching Fellow, Cambridge Institute for Family Enterprise
Partner and Advisor, Parkview Group

Martin Liechti advises multigenerational families across multiple jurisdictions on their financial investment strategies, structures, and governance. He teaches inheritors about investment fundamentals, oversight, and the role of owners in private workshops and in the Leading the Family Office program at IMD. He is a contributor to the book, Family Office Navigator. A veteran of the wealth management industry, he is a partner with Parkview Group, a global wealth management firm based in Zurich.

 

Larry Peck
Senior Advisor, CFEG

Larry Peck advises the owners of family enterprises on their total wealth strategies and supports them in executing direct investments, acquisitions, divestitures, diversification, and capital sourcing. He conducts deep research to analyze families’ wealth trajectories including their companies, financial investments, industries, competitive landscape, risk exposure, family needs, and opportunities. With this analysis, he educates ownership groups and facilitates dialogue and processes that help owners understand what they own and where value within their enterprise can be created in the future, helping them to develop and execute their total wealth strategy.

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Who Should Attend?

Wealth creators, family owners, governance members, and family members from multigenerational family enterprises around the world

The program is designed for enterprising families who:

• Are ready to take a deep look at their family’s Total Wealth strategy from a multigenerational perspective
• Are open to consider changes to their portfolio, wealth-building approaches, and inheritance strategy through exposure to new and potentially transformative learnings
• Own some combination of operating companies and/or investments (such as direct investments, private equity investments, liquid assets, tangible assets)

The program is designed for participants with varying levels of investment knowledge, but at a minimum, who have a working 101-level knowledge of wealth strategy concepts, upon which the program will build.

Teams of 3 or more people are encouraged, including:

• Family members who are pivotally engaged in making investment decisions or strategic planning for the family’s wealth
• Family leaders and governance members who are motivated to learn ways to elevate their wealth strategy
• Next generation members who are being positioned to step into active strategic roles related to the family enterprise or wealth portfolio
• Non-family investment officers and investment committee members may attend if accompanied by one or more family members

 

Tuition

This is a live, online program offered during fixed dates and times. Participants attend live, with cameras on, and interact with one another and the faculty throughout the program.

• $3,800 USD for the first participant, and
• $3,300 USD for each additional person from the same family or company

Space is limited so register today.

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Register Here

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