How $100M Families Manage Money (Family Office CEO Explains)

Jan 19, 2026

Holly MacDonald, incoming CEO of Bessemer Trust and a seasoned finance executive, dives into the inner workings of family offices managing immense wealth. She shares insights on building trust in high-stakes environments and how women can navigate authority without posturing. Holly emphasizes the importance of long-term thinking in turbulent times, the value of defining wealth’s purpose, and the fascinating concept of 'mini family offices.' She also discusses creating inclusive environments in male-dominated spaces, showing that judgment beats charisma in leadership.

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INSIGHT

Family Offices Aim For Peace Of Mind

Family offices manage all aspects of a family's financial life, from investments to philanthropy and estate planning.
Holly MacDonald says their goal is delivering peace of mind and overall well-being, not just accumulating wealth.

ADVICE

Pick Advisors With Aligned Incentives

Avoid conflicting incentives by choosing advisors aligned with your interests.
Holly says privately owned firms can sit "on the same side of the table" as clients and act as true fiduciaries.

ADVICE

Fade, Don't Exit Your Career

Don't fully step out of your career; instead fade when needed and keep a connection to re-enter later.
Holly advises preserving momentum so re-entry into high-cost industries like finance remains possible.

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