In this episode, R. Adam Smith welcomes Valerie Galinskaya, Managing Director and Head of the Merrill Center for Family Wealth. With 18 years of experience helping ultra-high-net-worth families, Valerie shares insights on effective family financial planning strategies and the importance of intentional communication about wealth. She discusses her framework of Five Core Competencies for family wealth management and explains why defining purpose should precede structure and dollar amounts when discussing wealth transfer. The conversation explores how family enterprise governance benefits from clear decision-making processes and how legacy planning extends beyond financial considerations.
Family Business Audiocast