The Inaugural Annual UHNW Institute Conference in partnership with Family Wealth Report

Overview

The Ten Domains Model One Year Later: Deepening the Conversation

One year ago, the Ten Domains Model was rolled out as the first major initiative of the UHNW Institute. It organized the area of UHNW family wealth in a ground -breaking way after months of collaboration and fine-tuning. The past year has focused on developing and disseminating the model, supported by the domain chairs and a broad marketing campaign bringing attention to the Institute. This event draws together the collective wisdom of the Institute’s faculty, leadership, and members to learn more about, discuss, and expand on the Ten Domains model through active discussion and engagement. Ideas, questions, concerns, and opportunities will all be explored. The event will truly fulfil one of the missions of the Institute – to be a think tank engaged in learning and leadership.

The 10 Domains of Family Wealth represents an important conceptual framework for understanding the issues facing ultra-high-net-worth (UHNW) families, including the skills required to serve their needs. The 10 Domains model recognizes that comprehensive UHNW wealth management extends far beyond the realm of investments, taxation, risk management, and legal matters alone. The model highlights the full range of skills and services needed to help financially successful families prosper. It recognizes the contributions of family governance, leadership development, family dynamics, development of the next generation, health matters, and philanthropy in implementing and transferring wealth across generations. Importantly, the model underscores that the competencies in the advisor-client relationship are a central, unifying domain integrating all the other factors.

Agenda

Tuesday 8 June 2021

10:00 am EST Welcome & Introduction Steve Prostano, Founder, The UHNW Institute/Partner, PKF O’Connor Davies Family Office 10:10 am EST The Ten Domains of Family Wealth – The First Year A review of how the ultra-high-net-worth community is embracing this new and comprehensive framework that addresses wealth creation and stewardship, cultivation of family capital, human advancement, and the advisor-client relationship. Moderator: Jim Grubman, Family Wealth Consultant/Educator Follow-on topical sessions:

Wealth Creation and Stewardship: Integrated Financial Management; Estate Planning and Legal Issues; Risk Management

Facilitators:

- Tom McCullough (Finance), Chairman, CEO, and Co-Founder, Northwood Family Office
- Kim Kamin (Legal), Principal and Chief Wealth Strategist, Gresham Partners
- Linda Bourn (Risk), National Director Family Enterprise Risk Practice, Alliant Private Client

Cultivation of Family Capital: Governance and Decision-Making; Leadership and Transition Planning; Learning, Development & The Rising Generation

Facilitators:

- Stacy Allred (Leadership), Managing Director, First Republic Investment Management
- Dennis Jaffe (Governance), Senior Research Fellow, BanyanGlobal Family Business Advisors
- Kathy Lintz (Learning and Development), Partner & Managing Member, Matter Family Office

Human Advancement: Social Impact & Philanthropy; Health & Well-Being; Family Dynamics

Facilitators:

- Jill Shipley (Family Dynamics), Managing Director and Head of Governance and Education, Tiedemann Advisors
- Susan Winer (Philanthropy), COO, Strategic Philanthropy

Advisor-Client Relationship - Facilitator
- Jim Grubman, Family Wealth Consultant/Educator

11:55 am EST Panel discussion: Family Offices – Challenges and Developments Stories from the field that discuss the evolution of the single-family office and explore the ways families and the executives leading their offices can embrace change to deal with today’s challenges and serve future generations.

Moderator: Bill Woodson, Executive Vice President, Head of Wealth Advisory and Family Office Services, Boston Private

Michelle Clements, President, Synergy Trust Partners
Dennis Jaffe, Senior Research Fellow, Banyan Global Family Business Advisors
Tom Handler, Chairman, Advanced Planning and Family Office Group, Handler Thayer
Barbara Hauser, International Family Governance | Global Speaker & Workshops | Family Offices | Boards
Linda Mack, Founder and President, Mack International, LLC

12:55 pm EST Close

Wednesday 9 June 2021

10:00 am EST Welcome & Introduction 10:05 am EST Panel discussion: The Promise, Perils, and Path to Truly Integrated Wealth Management: What Works? A conversation that introduces the concept of integrated wealth management and highlights: its top components, deliverables expected by clients, generational issues to consider when setting client expectations, overcoming business challenges when delivering integrated wealth management, untapped opportunities Moderator: Joe Calabrese, COO, Wealth Management at KeyBank

Keith Lender, President, Baldwin Street Management
Tom McCullough, Chairman, CEO, and Co-Founder, Northwood Family Office
Tania Neild, CTO and Owner, InfoGrate
Allan Zachariah, Co-CEO and Advisor to Families of Significant Wealth, Pathstone

11:25 am EST Break 11:35 am EST Panel discussion: Looking Ahead: Serving the UHNW Family of the Future Best practices delivering wealth management in the future in light of Changing demographics, Client expectations, Regulations, Evolving business models Moderator: Jim Grubman, Family Wealth Consultant/Educator

Andrea Ayres, Director, Family Office at Brown Advisory
Michelle Clements, President, Synergy Trust Partners
Steve Prostano, Partner, Head of Family Advisory Services at PKF O’Connor Davies
Greg Rogers, Founder & Managing Partner, RayLign

12:35 pm EST Summit close