07:45 - 08:30: Registration and Breakfast 08:30 - 09:30: Developments in Family Offices - Structure, Achievements and Governance Family offices are strengthening their governance as a catalyst for stronger financial performance, but how is success best measured for these businesses and ensured for the next generation? This panel will address trends in the family office sphere, including: Measuring success in family offices Creating and developing governance in a growing family office Compensation and investing in human capital Employee succession planning Educating clients and financial literacy Profitability, fees and family dynamics Internationalization of families and the introduction of virtual family offices 09:35 - 10:30: Tech and Ops Q&A - Effective Implementation In Wealth Management Firms While technology continues to seep into wealth management firms, some firms still struggle to compromise between innovation and legacy. Bringing together technology suppliers and end-users, themes set to be discussed include: Implementing successful technology platforms and software at RIAs Impact of technology on a firm’s culture Change management: the fear of losing the personal touch Legacy systems versus innovations Reporting, communication and social media Preventative enterprise risk management 10:30 - 11:00: Morning Break 11:00 - 11:55: Goals-Based Investing - Tackling The Holistic Approach Investment isn’t always about profit and beating the market. Instead, some families are adopting a purpose-based approach to attain life goals, from funding education to supporting social causes. Panellists will discuss the benefits and potential issues that families may face with this style of investing, including: The methodology behind goals-based investing How do firms promote services to clients? Incorporating GBI into family dynamics The social impact of investing
12:00-12:45: The Fiduciary Debate Breakout Session: Platinum Whisky Fund Launch: Investing in Rare Whisky as an Alternative Asset Class
As discussions continue in Washington on the need for a uniform fiduciary standard for broker-dealers, this panel will bring together organisations presenting different potential shapes that the fiduciary standard could take, as well as firms falling both outside and within of the current standard in place. Panelists will debate what should be done to best serve and protect the client in a competitive industry, tackling subjects such as:What should a new fiduciary standard look like? The need for a stronger fiduciary rule within the wealth management space The aftermath of a uniform fiduciary standard would have on investors Educating clients on the differences between advisors adhering to the fiduciary standard and those who do not What can we expect from the SEC? Speaker: Rickesh Kishnani, CEO, Platinum Whisky Investment FundThis breakout session will be the exclusive US launch for the world’s first private equity whisky fund. The fund offers investors a unique opportunity to capitalize upon the exponential growth in demand for rare and aged single malt Scotch whisky.Key facts about the whisky investment market which will be covered in more detail during the session include:Annual sales of single malt Scotch whisky increased by 190 per cent from $390 million to $1.1 billion in the past 10 years, according to the Scotch Whisky Association, driven by the relative scarcity of the premium vintage product. Investment Grade Scotch indices produced by Whisky Highland UK show that in the past three years sales of the top 1,000 single malts were up 130 per cent, the top 250 single malts up 200 per cent and the top 100 single malts up 230 per cent. Premium whisky is a collectible asset with value appreciation primarily due to its rarity. It is part of a growing trend towards collectibles as an alternative investment class. Purely as an investment, premium whisky has significantly outperformed other collectibles including art, rare stamps, rare coins and fine wine in the past five years.
12:45 - 13:15: Lunch and networking


Date and Time

Date: Thursday 9th October - 2014
Time: 8:00 am – 2:00 pm


Metropolitan Club

Address: One East Sixtieth Street, New York, NY 10022-1054, USA

About our Sponsors



Charles Stutenroth

Regional Managing Director, Cincinnati

Ascent Private Capital Management of U.S. Bank

As regional managing director of Ascent’s Cincinnati office, Chuck brings a leadership approach that reflects both his can-do attitude and a depth of professional experience and insight gained over 24 […]

Daniel Goldstein

Chief Investment Officer

A Private Investment Trust

Daniel Goldstein has been advising UHNW families, their entities and private trusts on direct deals, liquid investments, business strategy, structuring, real estate, family dynamics and philanthropy since 1994. His experience […]

David Bellaire

Executive Vice President and General Counsel

Financial Services Institute

David Bellaire is the Financial Services Institute’s executive vice president & general counsel. In this role, David leads FSI’s team of lawyers and lobbyists in pursuit of a healthier business […]

Ira Hammerman

Senior Managing Director and General Counsel


Ira Hammerman is executive vice president and general counsel of SIFMA. Prior to joining SIFMA, Ira was a partner of Clifford Chance US LLP, the global law firm, where he […]

James H McLaughlin

Founder and CEO

J H McLaughlin & Co

James “Jamie” McLaughlin founded J. H. McLaughlin & Co., LLC, a management consulting firm focused on strategy and practice management for wealth management and investment advisory firms, private banks, trust […]

Jeffrey Mortimer

Director of Investment Strategy

BNY Mellon Wealth Management

Jeffrey Mortimer is the director of investment strategy for BNY Mellon Wealth Management. In this role, he leads a team that sets capital market expectations and is responsible for making […]

Jennifer Dempsey Fox

Senior Vice President and Managing Director of Wealth Strategy


Jennifer Dempsey Fox is senior vice president and national managing director of wealth strategy for Hawthorn, PNC Family Wealth, a business dedicated to serving clients with investable assets in excess […]

Joseph W Reilly Jr

CEO and Founder

Circulus Group

Mr. Reilly is an investment and strategy consultant to family offices and the host of the Private Capital Podcast. He was the co-founder and founding president of the Family Office […]

Kate McBride



Michael Delgass

Managing Director

Sontag Advisory

Michael Delgass is a managing director at Sontag Advisory where he serves as an advisor and the firm’s primary resource in trust and estates. Michael is a frequent author and […]

Rebecca Meyer


Relative Solutions

Rebecca guides family enterprises as they navigate the complexities of intergenerational ownership and planning for transitions. With the benefit of a systems perspective, she helps family enterprises address the need […]

Rick Flynn

Managing Partner

Flynn Family Office

Rick Flynn is an international authority on the family office space who has helped to transform the sector by designing and implementing outsourced solutions that bridge financial and lifestyle objectives. […]

Rickesh Kishnani

Chief Executive

Platinum Whisky Investment Fund

As one of the leading experts in the fine wine and spirits industry, Rickesh combines a strong network of private clients with the experience of creating successful businesses across Asia […]

Stephen Lee

Regional Vice President, Private Wealth Division

Columbia Management

Stephen Lee is a regional vice president in the private wealth division for Columbia Management Distributors. Stephen joined the firm in 2006 and has been a member of the investment […]