Engaging Family Members in the Investment Office (especially next gen)
whatshot 18 snips
Jul 14, 2024
Explore the essential role of family engagement in investment decision-making, particularly for the next generation. Shaun shares real-life examples showcasing successful strategies and pitfalls to avoid. The discussion emphasizes fostering transparency and alignment with family values, ensuring that investment portfolios reflect collective interests. Join in to learn how to create a more inclusive and effective family investment culture!
14:10
forum Ask episode
web_stories AI Snips
view_agenda Chapters
auto_awesome Transcript
info_circle Episode notes
volunteer_activism ADVICE
Family Involvement
Involve family members in developing the investment policy.
This ensures their buy-in and makes them feel valued in the process.
volunteer_activism ADVICE
Clarity
Make the investment policy easy to read and jargon-free.
Use clear language so everyone can understand it.
volunteer_activism ADVICE
Acknowledge Biases
Incorporate family members' investment interests and biases into the policy.
This acknowledges their preferences and encourages engagement.
Get the Snipd Podcast app to discover more snips from this episode
In this episode, Shaun prvides specific examples of how he has seen family member engaged with the investment portfolio. He also provides examples on what has not worked.
Hall Road Investments Pty Ltd ACN 621 299 269 is a Corporate Authorised Representative (CAR No. 001279456) of Non Correlated Capital Pty Ltd (AFSL No. 499882). Shaun Parkin is an Authorised Representative (AR No 001279458) of Hall Road Investments Pty Ltd (CAR No. 001279456) and is authorised to provide general advice to wholesale investors. Nothing in this podcast (Communication) constitutes an investment offering of any kind. This Communication is for informational purposes only. It does not constitute investment or financial advice. Before acting on any information contained in this Communication, each person should obtain independent taxation, financial and legal advice relating to this information and consider it carefully before making any decision or recommendation. Any views expressed in the Communication are those of the individual speaker only, unless expressly stated to be those of Hall Road Investments, or any of its related entities. Hall Road Investments does not accept liability in connection with the integrity of, or errors in, the Communication, computer virus, data corruption, interference or delay arising from or in respect of the Communication. The Communication remains the property of Hall Road Investments and is not for reproduction.
The Family Office Sherpa