The Mack Podcast

In this conversation, Brandon Henry discusses the complexities and challenges faced by first-generation entrepreneurs in managing their family offices. He highlights the differences between typical family office structures and more professionalized models, emphasizing the need for coordination among various service providers. The discussion also covers the importance of understanding family dynami...

In this conversation, Brian Adams and Mark Wendaur delve into vehicle ownership within family offices, discussing the various structures for ownership, the challenges posed by multi-jurisdictional regulations, and the distinctions between personal and business vehicle use. They explore insurance and liability considerations, risk management practices, and the implications for next-generation famil...

This panel discussion focuses on Outsourced Chief Investment Officers (OCIOs) for family offices. Experts share insights on the current state of the OCIO market, the shift in family office perspectives post-COVID, and the complexities of the buy versus build decision-making process. The conversation highlights the importance of governance, communication, and benchmarking in managing family wealth,...

In this conversation, Brian Adams and Dmitry Green explore the intersection of quantum technology and investment strategies. Dmitry, a physicist and Chief Risk Officer, discusses the current inflection point in quantum technology, the importance of distinguishing hype from reality, and the unique opportunities and risks it presents for investors, particularly family offices. To learn more about Ma...

In this episode, Brian Adams hosts a discussion with Keith Benedict and Shaun Parkin on the intricacies of family office investment governance and the importance of investment policy statements (IPS). They explore the evolution of IPS, the differences between family offices and institutional investors, and the proactive versus reactive approaches families take in establishing these policies. The c...

In this conversation, Adam Eigenrauch shares his journey from leading a nonprofit organization to becoming a consultant in the philanthropic space. He discusses the importance of strategic philanthropy, the challenges faced by young philanthropists, and the role of governance in ensuring effective charitable giving. Adam emphasizes the need for families to be proactive and planful in their philant...

This conversation delves into the intricacies of private aviation from a family office perspective, highlighting the differences between corporate and family office aviation, the decision-making process for aircraft ownership, and the importance of tax benefits. The discussion also emphasizes the role of family dynamics, the need for a portfolio approach to aviation, and best practices for managin...

In this conversation, David Savir, co-founder of Element Point, discusses the motivations behind starting his firm, the evolution of client needs in financial services, and the complexities of family offices. He emphasizes the importance of understanding the unique needs of families, the challenges of illiquid holdings, and the future trends in the multifamily office space. The discussion also cov...

In this conversation, Brian Adams and John Stewart discuss the pressing challenges faced by family offices, particularly in the realms of talent and technology. They explore the importance of aligning technology adoption with the family's vision and culture, the distinctions between automation and AI, and strategies to overcome resistance to change. The discussion also highlights the generatio...

This panel conversation delves into the complexities of private aviation ownership, particularly focusing on whole aircraft ownership versus fractional and charter options. Experts Amanda Applegate and Joe Barber discuss the evolving landscape of aircraft ownership, the impact of COVID-19, and the importance of building a knowledgeable acquisition team. They explore the trends in new versus pre-ow...

This panel discussion examines private aviation, focusing on the various ownership models available to families and family offices. The experts share insights on current market trends, key decision-making factors, and the importance of understanding the full range of aviation services. They address the impact of COVID-19, common misconceptions around fractional ownership, and the operational consi...

In this conversation, Brian Adams and Lyle Ross discuss the landscape of family offices, focusing on the latest survey conducted by BlackRock. They explore key findings regarding investment strategies, particularly the increasing allocations to private markets and alternatives like private credit and infrastructure. The discussion also highlights the importance of diversification, the role of tech...

This conversation delves into the complexities of estate management and domestic staffing, particularly in the context of ultra-high-net-worth families. The panel discusses best practices, the role of estate managers, the importance of emotional intelligence in staffing, and the integration of private staffing with family office operations. They also explore recruitment strategies, generational di...

In this conversation, Christi Van Rite, founder of White River Consultants, discusses the evolving role of a COO in family offices, emphasizing the importance of integration, project management, and communication among advisors. She highlights the shift from traditional family office structures to more flexible, outsourced models, and shares insights on managing complex projects and relationships...

In this conversation, Brian Adams and Amy Beahm delve into the critical yet often overlooked role of the controller in family offices. They discuss the distinctions between single family offices (SFOs) and multi-family offices (MFOs), the challenges of tech implementation, and the evolving responsibilities of controllers. Amy shares insights on navigating stakeholder expectations, the importance o...

This conversation explores the evolving role of Chief Operating Officers (COOs) within family offices, highlighting their unique responsibilities compared to traditional firms. The panelists share their personal journeys to becoming COOs, discuss the impact of technology and governance structures, and emphasize the importance of risk management and data ownership. Networking and collaboration are...

In this conversation, guest Rosaura Gil discusses her transition from being an HR director in a family office to providing fractional HR services to ultra-high-net-worth individuals and family offices. She highlights the importance of HR in family offices, addressing misconceptions about the need for HR support, and the risks associated with not having proper HR protocols in place. The discussion...

In this conversation, Craig Stephens discusses the challenges of addressing the 'now what' factor in estate planning, the importance of collaboration with legal counsel, and best practices for multi-generational wealth planning. Craig advocates for designing plans that beneficiaries can actively engage with, fostering open communication and transparency. He also highlights the need for a m...

In this roundtable discussion, our guests explore the role of private trust companies (PTCs) in the family office ecosystem. Topics include the problems PTCs solve, how they enhance governance and control, jurisdictional considerations, fiduciary risk management, and the growing demand for tailored trust structures. The conversation also covers best practices in governance, human capital, and futu...

In this conversation, Suzy Riedman shares her experiences and insights on inheriting wealth, navigating family dynamics, and the importance of communication in managing generational wealth. She discusses the emotional complexities of receiving an inheritance, the necessity of setting clear expectations, and the role of third-party mediation in family discussions about money. Suzy emphasizes the im...

In this conversation, Aaron Abrahms and Jared Feldman join Brian Adams to discuss outsourcing vs. insourcing family office services. They explore the evolution of family offices, the key components of their services, and the importance of philanthropy and family dynamics. The discussion also highlights the challenges of talent acquisition in the family office space and the various investment strat...

In this conversation, Brian Adams and Sofia Ziegler delve into the complexities of domestic recruiting, particularly in the context of family offices. They discuss the roles and responsibilities within domestic staffing, the challenges of finding qualified candidates, and the impact of compensation trends on the industry. Ziegler emphasizes the importance of communication and structure in family o...

In this conversation, Brian Adams, Todd Kellerman, and Tim Wray discuss the landscape of family office investing, particularly in private equity and direct investments. They explore the motivations behind family offices' investment strategies, the importance of governance, and the common pitfalls that families face in direct investing. The discussion emphasizes the need for families to leverag...

Today's panel discussion delves into the intricacies of family offices and private trust companies, exploring their definitions, the reasons for their growing popularity, and the importance of jurisdiction selection. The panel discusses the differences between regulated and unregulated trust companies, the role of governance, and the legal frameworks that guide these entities. They also addres...

In this conversation, Brian Adams and Josh Chapman discuss gaming as an investment opportunity, particularly from the perspective of family offices. They explore the current state of the gaming market, the dynamics between the US and China, and the shifting attitudes of family offices towards gaming investments. The discussion also delves into the challenges faced by e-sports, the predictability o...