Senior Management Council - November 2018

DRAFT AGENDA

Host: Family Office Exchange

MEETING LOCATION

Austin, TX 

Tuesday, November 13, 2018

1:30 p.m.

Welcome and Introductions

Facilitated by Mariann Mihailidis, Family Office Exchange

1:45 p.m.

Coaching as a leadership skill set in the overall vertical leadership development (Part 2)

Greg McCann, Former Director of Stetson University's Executive Masters of Business Administration (EMBA) Program

McCann & Associates

This 3.5-hour session will build on our evolving work on coaching as a leadership skill set in the overall vertical leadership development/Leadership Agility. Essentially, we want to deepen our coaching mindset, skills, and peer coaching relationship. As Mariann and I work to create more white space in our meetings, we hope you will consider using that space for healthy, audacious risks to take during this newly created space/time with your peer coaching.

Objectives

1. Brief discussion of the mindset related to self-care and leadership development as a cause of success not a result.

2. To begin with a self-reflection, mindfulness exercise of your aspirations related to coaching in general and peer coaching in particular.

3. To deepen coaching skills and mindset of coaching as a leadership style or “gear” for use in peer coaching, in leading your family office staff, in interactions with your client family, and other areas of your life.

4. To apply all of this, via a group discussion on sustainability and accountability of your leadership development in in general and peer coaching in particular.

Bring your head, heart, gut/intuition, and soul to this session!

5:00 p.m.

Adjourn

6:30 p.m.

Dinner 

Wednesday, November 14, 2018

8:30 a.m.

Breakfast

9:00am

Insurance Session

Two top executives will lead this session, and they have had experience implementing insurance coverage at a well-known law firm when it was broader than just insurance.  They took a holistic approach to risk management for the family office, obtaining a new insurance policy and then reviewing and revising the language in their service agreements, LLC operating agreements, and other legal documents, to make sure the language in all documents was coordinated and consistent and in line with the insurance provisions where appropriate. 

Our speakers will share:
1.    Brief overview of insurance for the family office, but specifically D&O, E&O, and trustee coverage;
2.    Explain what the firm was trying to accomplish, why they engaged one speaker, and the process they used with the speaker and the Broker to evaluate and negotiate the policy;
3.    One of the executives will explain key issues with insurance policies generally, but then dig into the issues relating specifically to family offices, including specific language the firm sought to change and why, the interplay of insurance and fiduciary roles, what we were able to accomplish and not, etc.; 
4.    They will conclude with how the process worked for the firm, what they learned and what they would do differently next time.    

10:15 a.m.

Break

10:30 a.m.

Executive Dialogue

Facilitated by Mariann Mihailidis, Family Office Exchange

12:00 p.m.

Lunch

1:15 p.m.

Protect your Financial Assets and Data

Gary Sorrentino, Managing Director and the CTO for

J.P. Morgan Asset Management

Cybercrime and identity theft have become headline news and cost consumers and private industry billions of dollars every year. Gary will discuss cyber trends and best practices system users can implement to protect their financial assets and data. Attendees are encouraged to bring smartphones or other mobile devices to fully engage in this interactive presentation.

2:45 p.m.

Break

3:00 p.m.

Case Study: Why one Office Moved to a Technology Managed Service

Our speaker is a Chief Financial Officer who will discuss why his office moved to a technology managed service and the outcomes from this move: lower IT support costs while practically eliminating frustrating computer problems, error messages, and downtime.

4:00 p.m.

Adjourn

6:30 p.m.

Dinner

Thursday, November 15, 2018

8:15 a.m.

Breakfast

8:45 a.m.

Executive Dialogue

Facilitated by Mariann Mihailidis, Family Office Exchange

10:15 a.m.

Break

10:30 a.m.

How Tax Reform Affected Structural Decisions in Three Family Offices

Three Council members will discuss structural decisions that were made because of the Tax Cuts and Jobs Act. Decisions related to profits interest structure as well as S to C Corp conversions will be discussed.

11:45 a.m.

Key Takeaways, Profiles of Members who would Enrich the Council and Topics for the Next Meeting

12:00 p.m.

Adjourn