Greg Neave (R.G. Withers Holdings) comments on the journey the Withers Family took to move away from having 90% of their wealth tied into a single asset to minimising the family's risk by diversifying their portfolio.
Dr. Dennis Jaffe (Saybrook University, USA) explored the different journeys people can take to wealth, and the effects each can have.
How do we make investment decisions, both neurologically and on a personal level?
Are financial returns and social benefit are mutually exclusive?
Exploring the economics of investment management.
Our panel explores their own experiences growing up in high profile families, discovering their place within the family and finding a purpose and mission of their own.
Mutual Trust's Brad Simmons lead a discussion looking into the unique challenges and opportunities faced by the family office CEO.
Successful intergenerational dynasties nurture entrepreneurialism in the family to maintain that success. In this session we hear from David Werdiger on his research into the links between entrepreneurialism and immigrants, and the lessons we can learn.
The Wallace family shared their thoughts on family, values sharing and living in a family of wealth
Using his own story, Michael Southam identified common themes and milestones that lead to the loss of family fortunes.
Property Forum 2014
Martin Lemke (AM Alpha) and Michael Drapac (Drapac Group) explore opportunities and risks in global property markets and discuss where they're currently investing.
Jason Huljich (Centuria Capital) and David Jackson (Keystone Private) discuss property management, drawing from their own experiences as property managers.
Julian Clark (Lancemore Group) and Chris Smith (Australian Unity Investments) share their experiences in the hotel and healthcare sectors.
In a panel facilitated by Anthony De Francesco (IPD Australia), Ben Margow (Gandel Group), Rob Rayner (CorVal) and Martin Lemke (AM Alpha) explore sector trends, geographies and where they are currently investing.
Anthony De Francesco (IPD Australia) gives a macro outlook into the Austrlian property markets in 2014 by sector and location. Recorded at the 2014 Property Forum in Melbourne.
Our panel will share their perspectives on how they make financial decisions as a family that ensure a positive outcome for all involved.
Bernie Bolger explores the impact wealth has on relationships, and the possible solutions.
Jenny Brown explores how one family member can change themselves, and create relationship growth for the entire family as a result.
Kimina Lyall from Australian Unity explores the factors that contribute to an overall "subjective wellbeing".
Stories from next generation family members who are adapting family values into the contemporary environment
Rebecca Trobe (21/64, San Francisco) explores generational traits, and engaging all family members around a "family purpose".
Miles Collins explores the impact wealth can have on families and individuals.
Our panel of family members discuss their experiences of transitions, succession and creating a legacy for future generations
A discussion about how different religions, faiths and cultures relate to wealth.
We discuss development opportunities, new approaches and new property markets with our panel of property entrepreneurs. What opportunities are the next generation of property developers and investors seeing and how are they approaching them.
A discussion on what sectors and opportunities in property investment both domestically and globally are currently trending.
How can property owners add real value through refurbishment and re-positioning, higher and better uses (e.g., residential conversion) and case studies of such value add.
Michael Drapac has built a significant property development & investment business originally based in Melbourne, and now increasingly focused on US opportunities. What opportunities is he looking for and how does he think about property development.
The presenter discussed sourcing and selection of property opportunities and assets, what can go wrong and what to beware of.
Major switches in economic drivers, winners and losers, implications on property markets, opportunities and pitfalls, and risk and return issues.
How to successfully manage ATO interactions, limit potential exposures, resolve disputes informally, rights and obligations for private wealth groups, and knowing your tax risk profile.
How to avoid disputes and ensure superannuation passes to the right beneficiary, how much control can a member exercise, succession plans to address death and incapacity, and cross-border issues.
Why is it important to get your affairs in order, why do you need to keep your estate plan up to date, what can be done in anticipation of incapacity and what happens to digital assets.
Emerging opportunities in debt origination
This session introduces the concept of Collaborative Due Diligence and the message that it is vital that investors learn, in terms of what to ask our financial service providers.
Succession planning for baby boomers - Priorities, problems and pitfalls in regulatory environment, progressive retirement planning and overcoming key hurdles to successful outcomes.
What are the expectations from trusted advisers, approaching and maintaining healthy relationships with family offices, respecting family dynamics and culture, family governance and inter-generational transition.
Greta Thomas of Innovaid explores business for purpose.
How are private families exploiting the opportunities and managing the complexities of our ever-shrinking world?
A look into the future of health technologies, and what they will mean for our families and our society.
The main game and what is collaboration.
A discussion on how to balance the goals and ideals of the family business while also being true to your own strengths and weaknesses.
Tim Jorstad shares his experiences and those of his clients as they transition to the next phase of life, and make room for the next generation.
Wendy Craft shared insights from the 2nd-3rd generation transfer and restructuring of family office.
Family Office experiences with service providers since the Global Financial Crisis
What makes for great management, better margins, competitive advantage, other great business metrics and examples of such businesses.
Are the traditional asset classes relevant anymore?
Structural inefficiencies in credit markets, current examples of mis-priced credit and how to trade it, JP Morgan and the "Whale Trade".
Announcing the results of a nationwide campaign to nominate Australia's top philanthropic gifts. We look at some of the gifts that were nominated, the causes they have supported and what made them successful as philanthropic initiatives.
In this discussion we explore how we can "give a voice" to the amazing work people are doing, and the personal transformations that can occur. The impact that a closer experience can have, and its ability to transform individuals, is immeasurable.
Family offices often share a seemingly contradictory approach to investing holding highly liquid, often simple and low risk passive investments while also taking what seems to be enormous risks. A discussion on approach to investing.
Mark Carnegie described how family has influenced his development as an entrepreneur, how to be entrepreneurial in philanthropy and social sector, how to go your own way in business, and insights from successes and challenges.
Collaboration and sharing expertise, education and outsourcing are key trends that are emerging rapidly among many family offices around the globe. Wendy Craft discussed these trends and her presentation was followed by a panel session.
Dr. Bhupendra Kumar Modi, a self-styled 'futurepreneur' discussed the next generation of family offices and other trends.
Jeff Chapman and Fiona Rowland of Bennelong Foundation discuss their vision for the family office?
Jay Hughes is closely associated with the modern family office concept and in particular with the art and science behind family governance and inter-generational wealth planning. He discussed purpose of family office, success stories, challenges etc.
Opportunities in current property markets for family offices and private investors.
Research into trends in industrial sites and what investors are looking for from Industrial properties
The presenter described the case for an agricultural property in a balanced investment portfolio, methods to invest and operate an agricultural property asset, and what drives a profitable and successful agricultural property investment.
Marilynne Paspaley tells more about the success of the family business (including her own entrepreneurial business and career) and how the family office has evolved.
Charles Grace III of Family Office Exchange discusses the latest trends in family office eco-system, technology and thinking.
Panel discussion on expectations from a family office
Laurent Roux discussed how to define family goals and purpose, how to establish a fundamental belief system and how to define srategy and tactics based on these priorities.
Panel session on technology and reporting for family offices
Issues and challenges around families with members based around the world, overseas business, and other issues facing international families.
In this session, the speaker discusses the decisions made by trustees and the issues that surround those decisions.
Issues and challenges facing multi-jurisdictional families, offshore structuring, foreign businesses, preserving capital and succession planning.
In this session, we look at some of the strategies used and outcomes that can be achieved to avoid or resolve tax disputes.
A discussion by Dr. Lee Hausner on why have family meetings and retreats, what do you do, why attend, what activities to do and when and how often to hold these meetings.
Our panel of family offices discuss how they are investing now and over the next 5-10 years.
In this session we look at how some family offices are engaging with impact investing, and the role this style of investing plays in their families.
With a large amount of investment-quality innovative and commercial ideas seeking overseas funding, how do we encourage a sustainable start-up scene in Australia?
Our panel of investors look at due diligence across a variety of investment options including clubs, other direct and private opportunities and fund selection.
In this session we look more closely at US trends and some of the investment opportunities arising from them
In this session we explore tech pre-IPO's in the US, and whether they are a good strategic fit for private investors?
In this presentation, Dennis Jaffe explores family enterprise, where you are now and what you could become.
A significant number of family offices in Australia and elsewhere invest based on opportunity rather than form. To what extent should strategic asset allocation inform investment decisions for the private investor?
In this session we will look at specific asset classes, and where they can fit in a private investment portfolio.
Our panel of family members and family offices discuss how they have "educated" themselves about investing.
In this session Professor Jack Gray explores how private investors should communicate investment principles with the next generation.
A discussion of how private foundations are moving with the times.
A panel discussion on enhancing investment returns with tax strategies.
A discussion on what philanthropy can do for family harmony and personal growth.
Can the Eurozone hold together and the European vision be realised?
Best practices and learning gleaned from managing the wealth of the Myer family over more than 75 years.
Charles Grace III of Family Office Exchange discusses the family legacy framework, legacy planning for wealthy families and family transitions.
David Smorgon, OAM, presents a perspective of how the Smorgon family office evolved over more than 30 family offices, recounts their family business story and learning experiences.
Ian Marsh talks about the importance of trust and communication and other family dynamics.
David Smorgon talks about the art of communication within families.
Christopher Kennedy Lawford talks about the experience of growing up in the Kennedy family and dealing with power, influence and elevated circumstances.
Prof. Paul Willman & Neil Puri talks about the agency problem and rationality of trade, in an interview with Richard Milroy
Richard Milroy (Private Wealth Network) in discussion with our keynote speakers from our recent Family Office Congress V in Melbourne
Panel discussion on wealth management strategy going forward.
What is shadow banking, why is it relevant, its Australian context, asset class example - credit property debt, and what asset not to invest in.
Panel discussion on niche and uncorrelated investment opportunities globally and locally.
Why alternatives and how to stay defensive, defensive opportunities and themes.
Agriculture industry and key drivers, an introduction to water stress and fundamental balances in the production of food, and historical return and risk profile of farmland.
Panel discussion on examining and challenging accepted investment wisdom.
In this keynote speech, David Loevner spoke about investment culture in family offices, the blessings they enjoy, curses they suffer from, and ideas for improving family office investment culture.
Two centuries of wisdom gathered from investment decision-making, uncertainty, speed of decisions, and six difficult steps to improving decision making.
In this panel session, we discussed the choices and challenges of wealth, and issues around balancing personal, professional and philanthropic goals.
Kirby Rosplock looked at the family wealth through a gender lens.
Jeremy Balkin puts forward a thought provoking and controversial presentation.
Laurent Roux explored how wealth affects relationships and what principles to abide by.
Panel discussion on exploring the complexity of family wealth.
Lori Zalbowitz explained how best to tell the family history, describe the values, the challenges that families face in telling stories and her personal experiences in making family history documentaries
Anthony Starkins presented a short history of the Vanderbilt and Rockefeller family dynasties in the context of the world's greatest dynasties and how made, lost or gave away their money.
Fintan Maher discussed why and how losing wealth in three generations is celebrated in many of world's cultures, how do we avoid losting it in the third generation.
We see a lot of opportunities and there's a particular gap in the scale of projects between around $20 million, the top of private investor involvement, and around $100m," he says. "It's empty." (Greg Paramor- The Australian, 31 March 2011).
Exploring the advantages available to private, patient property investors
Duxton Asset Management is a specialised asset manager with leading expertise in agricultural land and securities, viticulture and emerging markets.
As an institutional property investor, David will highlight how to take advantage of current market conditions.
Housing and property prices in Australia are at a level which places stress on many social and community organizations.
In this panel session, the participants explored the merits of property as a capital preservation tool.
This panel discussed how the discerning private property investors are able to identify the next best thing? Are these investors able to fill a gap that institutional and retail investors are not able to?
This panel discussion focussed on the financing aspect of property investment.
In this panel session, Kris Vogelsong, Private Portfolio Managers, Andrew Hector, Candor Financial Management, Adam Levin, Jackson McDonald & Tim Gullifer, Deloitte discussed focused wealth management approach for families, and their specific needs.
Three short presentations made by Mark Burgess, Bennelong Kardinia Absolute Return Fund, Kerrie Series, Eight Investment Partners and Shane Livingstone, Legg Mason on optimising the wealth management equation.
Three short presentations by Ken Loughton, Loughton Pattersons Group, Kevin MacDonald, CEO, Giving West & Simone Eley, Consultant, Social
Our panellists share their experiences from advising wealth creators about their concerns when preparing younger generations about wealth
Tim Gullifer examines the best practices that successful families use to measure the value they are getting from their trusted advisers.
Dennis Jaffe draws on his experience in advising hundreds of families to explore the psychology and challenges associated with wealth.
Andrew Hector will set the scene for the issues facing Western Australia families and where the opportunities exist to grow family wealth.
Dr Jim Walker on the consequences of a Chinese "hard landing" for Australia and the rest of the world, and areas of growth in the global economy.
Tail risk hedging has become a popular insurance style strategy against a significant market downturn, but questions remain about the value of this strategy vis-à-vis other hedging strategies. Niels Pedersen explained this strategy.
In this panel session, risk management strategies in the current investment market was discussed.
The panelists presented an overview of the asset class as they saw it, the case for distressed investing and how portfolios can benefit from the uncorrelated nature of distressed assets.
The presenter explained macro investing and its relevance in the markets of today.
Kim Morrison presented on investing in Australia's water market.
Philip Barker described property investment with examples and explanations of unlisted property, health care, self-storage, and parks.
David Chia of Relate Empower Deliver discussed how their view of asset allocation has evolved over the last decade and how it continues to change.
This panel of investors discussed their views on asset allocation and shared with us their investment choices post the Global Financial Crisis.
They discussed what investment lessons they have learnt, and how they have changed their approach.
Drawing on her experience with wealthy parents and their children, Dr Lee Hausner will discuss the fundamental causes of problems, and the solutions.
Mutual Trust advisers provided an overview of strategic planning for wealthy families including staying together, engaging all its members, vision, mission and values, governance structures and assigning resources.
Murray Palmer described how he established a family office for his family - The process, learning and best practices.
The panelists shared their experiences and learning of running philanthropy projects and foundation.
A panel of family members and trusted advisers discuss real life "transitions" and how they were managed for the benefit of all the family.
Grant Mason & Kerry Series discussed the opportunities for Australian families directly investing in Asia with regards to future drivers of wealth creation in Asia.
Dennison Hambling described the merits of investing in ASX as opposed to investing directly in Asia highlighting the advantages such as franking credits and home country advantage and handling opposing views such as number of securities.
The panelists discussed how to raise the next generation in wealthy families, experiences and learnings.
Stephen Robertson recounted his experience of transitioning from investment banking to philanthropy.
Dr. Gelber will present the outlook on the economy, commercial property markets & property investment from BIS Shrapnel perspective.
Property as 'the' HNW asset class will be discussed in the context of emerging models of HNW and relative market performance.
Discussion of the local property trends.
Covered sustainability in office buildings, selecting and regenerating assets for best value-add outcome, adequate management with case studies and examples.
Ray Sproats, Dirk Wiedmann & Frank Gelber discuss investment strategy and property outlook.
Panel discussion on property opportunities
Panel discussion on themes and future horizons
Panel discussion on changing trends in development funding.
A panel discussion on investment and research .
In this session, the speaker covers an overview of general family law in relation to trust and trustees.
In this session, the speaker - Ian Marsh discusses transition in the context of managing family conflict.
Panel discussion on what can a family office bring to technology innovation and venture capital.
Different perspectives about the current global and local market trends.
In this session, we would explore the operational risks of using external managers more closely and how these risks can be better managed.
A discussion among panelists from across family generations.
Case studies of work done by family offices among multi-generational family members.
Christopher Kennedy Lawford shares his insights and experiences of a life lived in a powerful, famous and iconic family; the opportunities and the challenges.
Fabien Dattner shares her family story of over 300 years in business together, and some of the common mistakes families make as they transition across generations.
Panel discussion on issues to consider around investment teams, investment preferences and strategies.
A panel discussion on enhancing investment returns with tax strategies.
A discussion of the global bond market and income opportunities, and the issues surrounding bond portfolio.