Wealth of Wisdom

Welcome back to the Wealth of Wisdom podcast with your hosts Tom McCullough and Keith Whitaker. This podcast is an audio companion to the book, ' Wealth of Wisdom: Top Practices for Wealthy Families and Their Advisors ', where we focus on practical applications and how a family can use these tools exercises, and practices to learn, to develop, and to make progress. In this episode, Scott Peppet, P...

In this episode, co-editor Tom McCullough interviews Guillermo Salazar, a family business advisor, exploring the power of genograms as a tool for understanding family patterns. Genograms go beyond traditional family trees, using symbols to depict the dynamics and interactions among family members. Join us as we delve into the fascinating world of genograms, uncovering hidden stories, identifying p...

One of the most challenging aspects of managing financial wealth together as a family is making shared decisions. The family enterprise structure and system, which often includes the family office, family foundation, operating businesses, trusts, trust protectors, family council, close advisors, and other operating partners, can be fertile ground for confusion and duplication if not managed effici...

In this episode of the Wealth of Wisdom podcast series, co-editor Keith Whitaker interviews Joline Godfrey.  They discuss her chapter and the concept of "making kids happy" vs. "raising happy kids". She introduces the Birthday Eve tradition, which promotes maturity, self-sufficiency, and the balance between privilege and responsibility in children.

In this podcast episode, Tom McCullough interviews Arden O'Connor, founder, and CEO of the O'Connor Professional Group. They discuss her chapter on the impact of mental health issues on families, addressing warning signs, family dynamics, protective behaviors, and crisis management. Arden emphasizes the potential for growth and recovery in this journey.

In this episode of the  Wealth of Wisdom  podcast series, co-editor Tom McCullough interviews founding member of Generation6, Greg McCann. Leaders today face greater complexity, change, and interdependencies than even before. Greg explains the benefits of working with a leadership coach to give families the best chance of success and explains how family leaders can assess their readiness for coach...

In this episode of the Wealth of Wisdom podcast series, co-editor Tom McCullough interviews Greg Burrows and Ruth Steverlynck. Tom, Greg, and Ruth discuss their chapter "Creating Impactful Learning Programs for Families" and how having empowered, engaged individuals in the system is the antidote to entitlement and dependence. Their chapter provides the tools for impactful learning.

In this episode of the Wealth of Wisdom podcast series, co-author Keith Whitaker interviews management and organizational consultant, Barton Parrott. Keith and Bart discuss Bart's chapter - Finding What's Next for Your Family - which helps families find "what's next" after a significant change (sale of business, death of a matriarch or patriarch, a shift in the business landscape, etc).

In this episode of the Wealth of Wisdom podcast series, co-editor Tom McCullough interviews Family Advisor and Author, Matthew Wesley. Tom and Matthew discuss his chapter - Gamechanging. They discuss family keystone habits, the importance of identifying them, and how gamechanging causes cascading effects through an entire system.

In this episode of the Wealth of Wisdom podcast series, co-editor Keith Whitaker interviews Linda Bourn. Keith and Linda discuss her chapter - Undertaking a Family Risk Assessment - this chapter provides an assessment tool that can help identify family's risk landscape and help provide insight into unique risks that require a more detailed plan.  

In this episode of the Wealth of Wisdom podcast series, co-editor Tom McCullough interviews Katherine Grady and Wendy Ulaszek on "Leading Successful Family Meetings" - and how this chapter provides the tools to learn how to become an "ambidextrous leader" by tending to both family and enterprise needs with agility. We also talk through their excellent checklist of 10 questions to ask in planning a...

In this episode of the Wealth of Wisdom podcast series, co-author Keith Whitaker interviews Kim Kamin on her chapter 'Choosing Trustees with Care and Wisdom' and the main purposes for using trusts. Kim's chapter provides a comprehensive guide to understanding a trustee's role and the proper tools to decide on one and common cautions that could arise in the process.

In this episode of the Wealth of Wisdom podcast series, co-author Keith Whitaker interviews author, lawyer and educator Patricia Annino. Keith and Patricia discuss her chapter - Managing the Risk of Diminished Capacity - and how her chapter provides a checklist for families to use for advanced planning for diminishing capacity. Patricia gives her advice on family 'proxies', family dynamics, and ti...

In this episode of the Wealth of Wisdom podcast series, co-editor Keith Whitaker interviews Don Opatrny and Keith Michaelson. Keith interviews them on their chapter - Using the Ikigai Model to Foster a Legacy of Meaningful Engagement - Their chapter discusses how to explore meaning and purpose using the Ikigai Diagram and how applying family resources to an Ikigai exploration can lead to the devel...

In this episode of the Wealth of Wisdom podcast series, co-editor Keith Whitaker interviews Stacy Allred, Joan DiFuria, and Stephen Goldbart. Keith interviews them on their chapter - Advancing Flourishing: A 10x10 Learning Roadmap - their chapter provides a comprehensive framework for family members of all ages to effectively manage wealth and life choices by using the 10 core competencies across...

In this episode of the Wealth of Wisdom podcast series, co-editor Tom McCullough interviews the Chair & Co-founder of Silver Sherpa Inc., Susan Hyatt. Tom and Susan discuss Susan's chapter - Building a Smart Aging Plan. They discuss 'Smart Aging' and how to incorporate health and personal care into your financial retirement plan to live your best 'third act'. Susan gives her advice on the best tim...

In this episode of the Wealth of Wisdom podcast series, co-author Keith Whitaker interviews founder and managing partner of Wealthbridge Partners, Ellen Miley Perry. Keith and Ellen discuss her chapter on the four profound questions families should ask for a pathway to deep connection, emotional intimacy, and a greater familial well-being.

In this episode of the Wealth of Wisdom podcast series, co-author Keith Whitaker interviews James Grubman. Keith and James discuss James' chapter - Understanding the True Goals of Wealth Preparation - and how this chapter provides an exercise for families of new wealth that puts things into perspective, revealing what they do not yet understand about preparing for wealth and how to properly strate...

In this episode of the Wealth of Wisdom podcast series, co-editor Tom McCullough interviews family, business and legal consultant Josh Kanter. Tom and Josh discuss Josh's chapter - Creating a Family Owner's Manual - and how this practice can help track key family information, identify blind spots, and educate family members and advisors.

In this episode of the Wealth of Wisdom podcast series, co-editor Tom McCullough interviews the founder and owner of illumination360, Kristin Keffeler. Tom and Kristin discuss Kristin's chapter - Tapping Character Strengths to Move Families Forward - and how this chapter provides the tools to measure, apply and recognize character strengths amongst family members. Kristin discusses "strength spott...

In this episode of the Wealth of Wisdom podcast series, co-author Keith Whitaker interviews Josh Baron and Rob Lachenauer on their chapter 'Deciding If You Should Join the Family Business'. Josh and Rob discuss their assessment tool in their chapter that will help articulate what's driving one's decision.

In this episode of the Wealth of Wisdom podcast series, co-author Keith Whitaker interviews Andrew Doust founder of Plenitude Partners and co-founder of Kore Venture. Keith and Andrew discuss Andrew's path to advisory work, how he helps families flourish, and his chapter that discusses the practice of a 'College Send-Off Ritual' for all generations in the family.

In this episode of the Wealth of Wisdom podcast series, co-editor Tom McCullough interviews John A. Warnick. Tom and John A. discuss his chapter, the practice of giving your trust a heart and soul that is a reflection of you, and the benefits it will bring to your family.

In this episode of the Wealth of Wisdom podcast series, co-editor Tom McCullough interviews Dr. Jamie Traeger-Muney. Tom and Jamie discuss her practice of "creating your future now". Instead of just thinking about what you want, if you ask your brain to visualize it as if it has already happened, you have a far greater ability to envision your future.