Key Capital Family Business and Wealth Conference
Key Capital Private was delighted to host ‘Decade of Decisions - Part VI’ on April 28th in the Westbury, the sixth in our series of Family Business and Wealth Conferences.
Key Capital has developed the family business and wealth conference series to give our clients the opportunity to learn from the best family business and wealth management specialists globally, in a discrete and confidential setting. The conference consisted of a morning of excellent presentations, followed by a very enjoyable lunch.
One of the questions we get asked the most from our clients, and to quote Warren Buffet’s famous phrase 'how do I give my kids enough money to feel they could do anything but not so much that they could do nothing'. It was in response to this question and many more that we developed our family business and wealth conference series.
Fintan Maher, Managing Director, Key Capital Private Wealth Management
Ann Dugan, one of the foremost advisors to families of wealth globally and fourth generation member of a business-owning family in the US, presented on how families develop a vision, install proper governance structures and manage generational wealth transition. Ann focused on the how families develop an entrepreneurial mindset and make informed decisions and plan for building, pivoting or selling the family business.
In families of wealth, it’s important that everybody contributes something.
Ann Dugan, Founder and HNW Family Enterprise Advisor
Ian Kilcullen, Chief Investment Officer at Key Capital Private, spoke on how to manage the considerations of being a long-term wealth owner. Ian outlined how successful management of wealth should not focus on a narrow range of outcomes, but rather expose your investment portfolio to a broad range of possibilities.
Once again, the Chicago based Family Office Exchange (FOX) one of the world’s leading family office and high net worth advisory groups was represented by their Managing Director, Miguel Silanes. Miguel shared with the audience a preview of FOX’s survey on the investment trends of their family office members. This survey gave all attendees an insight into the most recent investment focus of the leading family offices globally, including the main portfolio concerns and social impact trends.
Our keynote speaker, Brian Nicholson of Red Jacket Orchards, a business based on the east coast of the United States, talked through some of the issues his third generation family business has managed and overcome in transitioning and growing their business over six decades. A fascinating insight into its success with many of the experiences shared by the business owning families in the room.
The morning concluded with a fireside chat hosted by Ann Dugan with Brian Richardson and Colin O’Brien, formerly Head of Private Irish Business at KPMG and now working with Key Capital. Both Colin and Brian were able to share some of their experiences over the decades, with Colin in particular highlighting some fascinating learnings from a career working with many of Ireland's leading family businesses.
The feedback from the event was very positive, and we are already planning for our next family business and wealth conference later in the year.
For further information about wealth management or protecting and growing family wealth across generations, email or call us in confidence:
Phone: +353 1 638 3850