The UHNWI Institute APRIL 2025 MONTHLY THEME – FAIM
* MARK YOUR CALENDAR *
4/3 The UHNW Institute Podcast: Exploring the Collegium and Practice Management Council
4/7 Webinar: The Mentor, The Mentee and Reverse Mentorship: Developing Successful Mentorship Programs for the UHNW Firm
4/23 or 4/24 The Virtual Collegium – Two Session Times to Choose From
4/23-24 FWR Fintech & Investment Forums
4/28 Member Orientation
4/30-5/1 UHNW Institute’s Women’s Summit in Palm Beach
The Institute has a busy line-up throughout April, with a theme focusing on FAIM, the Financial and Investment Management domain. To begin the month, we encourage members to take a listen to our UHNW Institute Podcast, guest hosted by Jamie McLaughlin, who discusses the Collegium format and the upcoming virtual Collegium event Defining and Achieving Business Sustainability that members may attend on either April 23 from 3:30pm-5 pm ET or April 24 noon to 1:30 pm ET.
This virtual program, designed for operating principals and practice leaders, will explore emerging firms that serve UHNW families that are attempting to meet the demand for integrated advisory services that address their clients’ complex and often unique needs. Building the necessary scale to meet that demand can involve tradeoffs in the firms’ organizational design, ownership structure, financial model, staff experience and client experience, so which firms will be successful? Join this interactive event to find out. REGISTER HERE>
Family Wealth Report’s Family Office Investment Forum and their Fintech Forum will take place in NYC on Wednesday, April 23 and Thursday, 24. The Family Office Fintech Forum will bring together industry leaders to examine investment strategies, market trends and asset allocation insights tailored for single and multi-family offices. On Thursday, April 24, the Family Office Fintech Forum will explore AI-driven innovations, software and technology solutions that are shaping wealth management and operational efficiencies. There is no cost to attend either forum for Institute members.
The UHNW Institute’s Women’s Leadership Summit: Preparing the UHNW Industry for the Female Decision-Maker and the Coming ‘Wealth Shift of the Century’ — This signature event, exclusively designed for women in wealth management, is a break from the majority of Women in Wealth industry topics. Instead, this premiere Summit is an opportunity to discuss the implications and hurdles associated with the impending ‘wealth shift,’ exchange ideas, share personal and professional experiences and build connections that support our growth and leadership.
Held April 30 – May 1, 2025, in Palm Beach, Florida, this inaugural event brings together female advisors, industry professionals and decision-makers to discuss the impact of the great wealth transfer, the expanding role of women in financial leadership and strategies for long-term success. With a carefully curated agenda, attendees will engage in discussions on topics such as:
- The Wealth Transfer of the Century — How the shifting of financial influence is shaping the industry
- Transitioning into Leadership Roles — Creating a roadmap to manage the expanding roles and responsibilities of women in firms, family offices and families
- The Great Balancing Act: The Sandwich Generation and the Roles We Play — Finding equilibrium as we help our teens launch, care for our aging parents, reach the pinnacle of our career and nurture our own relationships and well-being
- Fiscal Diversity: Fresh Thinking on Fiscal Unequals — How the imbalance affects relationships of UHNW women and ways to support this issue for all generations
- The Family Fire Drill — Ensuring preparedness and smooth transitions in family wealth governance
Finally, the week of April 7, the Institute’s Emerging Leaders Cohort & Mentorship Program presented a pre-recorded webinar: The Mentor, The Mentee and Reverse Mentorship: Developing Successful Mentorship Programs for the UHNW Firm. Speakers Alexa Carbone with Ballentine Partners, Lisa Friedman, founder of LF Consulting LLC and a Principal Consultant at Springboard – Partners in Cross Cultural Leadership and Lisa Sivolella, First VP and Unit Manager at Alliant Insurance Services, discuss the benefits mentorship programs provide to employees and employers alike. The webinar aimed at mentees, mentors and firms looking to implement mentorship programs will include tips on how to be a better mentor, how to benefit from the mentee experience, mentorship as a career catalyst for growth in place, reverse mentoring and tips for launching or strengthening your firm’s Mentorship Program. We encourage Institute members who would like to join the Mentorship Program or act as mentor, to reach out to aledoux@theUHNWInstitute.org.
Highlighted Resources
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ARTICLES
Portfolio Construction: A Blueprint for Private Families
Heather Jablow, Scott Palmer; Cambridge Associates, LLC
Advisors designing investment portfolios for multigenerational families must consider unique factors. Clients’ lifespans, risk tolerance, tax planning and spending needs all must be taken into account. This article uses straightforward charts to show how to conduct a full “Enterprise Review” of the family.
Collegium II: Defining the Client Continuum
The UHNW Institute
Summary of discussions and findings from the UHNW Institute Collegium II held on April 22 and May 6, 2021.
Collegium III – Effective Collaboration: A Pillar of Integrated Wealth Management
The UHNW Institute
Summary of discussions and findings from the UHNW Institute Collegium III held on October 28, 2021.
Collegium IV – Intentional Organic Growth: Strategies and Best Practices
The UHNW Institute
Summary of discussions and findings from the UHNW Institute Collegium III held on April 28, 2022.
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REPORTS
Collegium VII: Defining and Achieving Business Sustainability – Comprehensive Report
The UHNW Institute
This white paper describes the UHNW Institute’s seventh Collegium, held in October of 2024, led by Jamie McLaughlin. The day began with a keynote from Andrew Schwedel, head of Bain & Company’s Macro Trends Group, addressing business sustainability and the maintenance of strong client relationships. The participants engaged in collaborative dialogue focusing on service models and delivery, organizational design, capital structure and strategies for scaling growth and profitability. Smaller breakout groups provided participants with opportunities to explore the topics in greater depth.
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PODCASTS
The UHNW Institute Podcast: Exploring the Collegium and Practice Management Council
Jamie McLaughlin and Steph Gromek; The UHNW Institute
This discussion examines the role of the Collegium and the Practice Management Council, two initiatives designed to elevate professional development and collaboration in the ultra-high-net-worth space.
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VIDEOS and WEBINARS
Delaware Beneficiary Well-Being Trust Statute – Coming Soon
The Mentor, The Mentee and Reverse Mentorship: Developing Successful Mentorship Programs for the UHNW Firm – Coming Soon
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TOOLS & RESOURCES
Questions to Help Select a Provider of Wealth Management Services
Wally Head; Gresham Partners
Families are often confused by the array of terms, services and assertions offered by advisory firms during the stressful process of searching for a new provider. This valuable handout suggests many probing questions that families should ask of their providers while trying to select a wealth management firm. It also highlights areas where potential conflicts of interest might lurk.
