James E. Hughes, Jr.

James E. "Jay" Hughes, Jr. is a renowned family wealth advisor with over 50 years of experience in multi-generational stewardship. He shares captivating insights on how families like the Rothschilds and Fords built enduring legacies. Jay emphasizes that flourishing, not just financial returns, defines true wealth. He cautions against poor trustee choices and illustrates how purpose and philanthropy protect wealth. With a shift in perspective, he explores the importance of asking, 'How can I help?' as a cornerstone for family flourishing.

James (Jay) E. Hughes, Jr. is a renowned expert in family governance and wealth preservation, celebrated for his book, Family Wealth: Keeping It in the Family. In the conversation, he emphasizes the importance of spiritual capital over mere financial wealth, exploring how deep family dialogues about values can foster stronger bonds. He discusses 'ghost liability'—the emotional legacies families carry—and stresses preparing future generations for wealth with intention. Hughes also highlights the power of storytelling in weaving family history and cohesion.

In this conversation, Kirby Rosplock, CEO of Tamarind Partners, Scott Saslow, founder of One World Investments, and Jay Hughes, an expert in family governance, share insights into high-performing family offices. They discuss the importance of defining the true client—founder, trustees, or beneficiaries—and maintaining clarity of purpose. The panelists emphasize balancing family and independent talent, preparing rising generations for stewardship, and innovative roles like chief learning officers. They also touch on Delaware's well-being trusts and sustainable investing strategies to foster engagement and well-being.