Safe Space with Francesco Lombardo

Veritage CEO Franco Lombardo was recently a guest on the "Smart Wealth™ with Thane Stenner" podcast where they covered a number of pertinent topics from the emotional side of family business. Franco explains that by asking his clients the questions they’ve been avoiding asking themselves, they can begin to better understand their relationship to money, why they behave the way they do with it and how they can then choose their behavior. The discussion then covers why the human capital asset class should be the next investment focus of business families in order to prepare all generations for a smooth wealth transition. Connect with Francesco here: • https://www.linkedin.com/in/francesco-lombardo-fea-496a7966/ • https://www.facebook.com/VeritageFamilyOffice • https://www.youtube.com/@VeritageInternational • https://veritage.ca  

In this insightful conversation, Thomas Clark, COO of Veritage, interviews Franco Lombardo, the firm's Founder and CEO. They delve into Franco's journey of creating Veritage, emphasizing emotional security beyond financial wealth. Topics explored include the importance of emotional governance in family dynamics, effective investment in human capital, and the challenges of succession planning. Franco also shares how vulnerability can foster personal growth and the significance of compassion in easing transitions for the next generation in family businesses.

In this episode, Claudia Gomez of Trusted Family joins Francesco to discuss the challenges faced by family businesses and the importance of having difficult conversations. She highlights the tendency of families to avoid conflict and the consequences of not addressing hard topics and suggests greater vulnerability and self-awareness is needed in order to initiate these conversations and build trust within the family. She also explores the role of the next generation in driving change and finding their own path within the family business.  Connect with me here: • https://www.linkedin.com/in/francesco-lombardo-fea-496a7966/ • https://www.facebook.com/VeritageFamilyOffice • https://www.youtube.com/@VeritageInternational • https://veritage.ca  

BJ Radomski, an expert in communication and family dynamics based in Thailand, shares insights on the crucial role of internal dialogue in family communication. He emphasizes how self-talk shapes our interactions with others. They discuss overcoming communication barriers within families and highlight the significance of emotional awareness, especially in navigating complex dynamics. Practical strategies for improving rapport and understanding are also provided, making it a valuable listen for anyone seeking to deepen family connections.

With almost 20 years of working with families as the executive director of the Loyola University Chicago Family Business Center and in his private consulting practice, there’s not much that Andrew Keyt hasn’t come across. But it is his personal journey of overcoming challenges as a next-generation business leader that makes his perspective so unique.  In this episode Francesco and Andrew discuss many of the unspoken issues that exist within family business relationships, such as the importance of vulnerability, the need to address mental health issues and how generations can learn valuable lessons from one another.  Connect with me here: • https://www.linkedin.com/in/francesco-lombardo-fea-496a7966/ • https://www.facebook.com/VeritageFamilyOffice • https://www.youtube.com/@VeritageInternational • https://veritage.ca REMEMBER TO SUBSCRIBE ON YOUR FAVOURITE PODCAST PLATFORM TO NOT MISS ANY FUTURE EPISODES!  

Like so many of my guests, Don Phin has led an extraordinary life. Growing up in the Bronx, his journey has taken him from being a former trial lawyer to starting a HR company to now coaching CEOs. Don has gone on to use the lessons he learnt in the courtroom and specifically draws on his experience of how different versions of the ‘truth’ can cause a breakdown in communication. As a recently trained Veritage coach, Don works with a preventative approach and believes that listening and encouragement are critical to engaging the next generation and to building healthy lasting relationships.  Connect with me here: • https://www.linkedin.com/in/francesco-lombardo-fea-496a7966/ • https://www.facebook.com/VeritageFamilyOffice • https://www.youtube.com/@VeritageInternational • https://veritage.ca  

BJ Radomski, an executive coach and facilitator, shares his transformative journey from personal struggle to helping others achieve fulfillment. He emphasizes the crucial role of open communication in leadership and the need for a holistic coaching approach that combines science and psychology. The conversation delves into the dynamics of family businesses, highlighting the challenges of generational communication and the psychological barriers that arise. BJ advocates for mentorship and creating safe spaces for dialogue to bridge these gaps and enhance mutual understanding.

In this conversation, I speak with Armen Alajian, the owner of ARTO, Southern California's artisanal brick and tile manufacturer. Armen and his brother Vod took over the business after their father Arto died in 2014, and in this moving conversation Armen shares how he navigated the emotional and practical difficulties he faced. If you are interested in learning more about how to create a healthy family culture and why investing in the people in the business is the key to success, then this episode is for you. Connect with me here: • https://www.linkedin.com/in/francesco-lombardo-fea-496a7966/ • https://www.facebook.com/VeritageFamilyOffice • https://www.youtube.com/@VeritageInternational • https://veritage.ca  

Despite the recent progress in gender equality, many women still face obstacles in securing senior leadership positions within their family business. In this episode, Family Business owner, Eva Fischer emphasizes the importance of belief in oneself and urges women to avoid falling into the trap of emulating their male counterparts. Eva's insights and experiences offer valuable perspectives and strategies for women entrepreneurs in family businesses on how to cultivate personal fulfillment. Connect with me here: https://www.linkedin.com/in/francesco-lombardo-fea-496a7966/ https://www.facebook.com/VeritageFamilyOffice https://www.youtube.com/@VeritageInternational https://veritage.ca    

It was 1986 and Jonathan Goldhill had just witnessed the closure of his family’s company, which was also the country’s largest men’s suit manufacturer. Not wanting other entrepreneurs and family businesses to follow the same fate, Jonathan decided to use his experience to help families navigate a smooth transition. In this intimate conversation, Jonathan shares why our early childhood experiences can shape our adult lives, and how through the discovery of emotional safety, we can all find our true meaning and purpose. Connect with me here: https://www.linkedin.com/in/francesco-lombardo-fea-496a7966/ https://www.facebook.com/VeritageFamilyOffice https://www.youtube.com/@VeritageInternational https://veritage.ca