Owner/Operator Council Meeting - Chicago - May 6th & 7th

6:30 p.m.

Optional Dutch Treat Dinner(Council Members and Guests)

8:30 a.m.

Continental Breakfast

8:50 a.m.

Welcome  (Morning Session only for Council Members)

9:00 a.m.

New Resources for Council Members

Member Resources

• Taking the Long Term View of the Family Enterprise
• Family Learning Modules
• State of the Art in Family Wealth Management
• Governance Workbook
• FOX Networks (Younger gen, Direct Investments, Private Trust Companies, and Human Capital)
• Single Family Benchmarking
• Client of the Future

9:30 a.m.

Executive Dialogue

10:45 a.m.

Break

11:00 a.m.

Executive Dialogue (Continues)

12:00 p.m.

Lunch  (Council Members and Guests)

12:45 p.m.

Setting the Stage for Constructive Learning

1:00 p.m.

An Introduction to Values – Identifying Personal & Shared Family Values

This session  will provide participants with the knowledge and skills necessary to be collaborative in developing long-term family goals.

Session Objectives

At the completion of this program, participants will be able to:

• Isolate values that drive individual roles and attitudes within the family;
• Define and share personal and family values and guiding principles;
• Quantify historical and cultural familial values that drive current actions within the family;
• Articulate how shared family values will impact the future of the family enterprise.

2:30 p.m.

Break

3.00 p.m.

The Finances of Wealth

In this session, you will gain an understanding of  basic concepts you need to clarify your financial goals, make effective decisions to preserve and manage your wealth, and oversee financial advisors with greater confidence, accountability, and results.

Session Objectives

At the completion of this program, participants will be able to:

• Understand their relationship with wealth;
• Create wealth goals and strategize how best to invest to achieve those goals;
• Interpret a balance sheet, net worth statement, income statement and understand the basics of cash flow and budgeting;
• Discuss the impact of taxes on investment returns.

5:00 p.m.

Meeting Adjourned

6:00 p.m.

Cocktails and Dinner (Council Members and Guests)

8:00 a.m.

Continental Breakfast   

8:30 a.m.

Responsible Ownership and Family Leadership Roles

Family member engagement is crucial for the family to want to stay together and to value their family office as an important resource. This session will help participants understand what it means to be a responsible owner and how you can complement your skills and expertise with that of the advisor team led by the family office. 

Session Objectives

At the completion of this program, participants will be able to:

• Articulate what it means to be a responsible owner;
• Identify ways that they can participate in the leadership of their family enterprise
• Understand the leadership roles of the family and the family office.

10:15 a.m.

Break

10:30 a.m.

An Introduction to Investing

This session will provide family members with the knowledge and skills necessary to become better consumers in the identification and achievement of immediate and long-term personal investment goals.

Session Objectives

At the completion of this program, participants will be able to:

• Distinguish portfolio characteristics that may impact performance
• Apply risk and return strategies to short, mid and long term investment goals
• Apply basic investment concepts to your portfolio

12:30 p.m.

Debrief on Learning Process from this Meeting over Lunch