2021 FOX Family Forum In-Person Agenda
- 2021 FOX Family Forum - Tuesday, Oct. 26 - In-Person
- 2021 FOX Family Forum - Wed., Oct. 27 - In-Person
- 2021 FOX Family Forum - Thursday, Oct. 28 - In-Person
Tuesday, October 26 |
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| Family Members, Family Offices, and Thought Leader Council members are invited to attend this day of the Forum. | |
| All times listed are in U.S. Central time. | |
| 8:00 am |
Registration Open and Refreshments Available |
| 8:30 am |
Private FOX Rising Gen Breakfast This event is for the FOX Rising Gen community – members who are in their 20s, 30s, and 40s in G2 and beyond – who are interested in leadership development. |
| 9:00 am |
1st Time Attendee Session |
| 10:00 am |
FOX Vision for Resilient Families Glen W. Johnson, President of Membership, FOX |
| 10:20 am |
We Need to Talk: The Hidden Impact of Wealth Jennifer Risher and her husband became extra-lucky beneficiaries of the dot-com boom. But sudden wealth had its challenges. Jennifer will share her thought-provoking, personal story that explores the hidden impact of wealth on identity, relationships, and sense of place in the world. At a time when money is still a taboo subject even among those closest to us, her memoir, We Need to Talk, is a catalyst for conversation that demystifies wealth and inspires us to connect. After sharing her story with at FOX’s Rising Gen Forum, Jennifer will share some takeaways from that discussion as well. Jennifer Risher, Author of We Need to Talk: A Memoir About Wealth 1.0 CPE | Specialized Knowledge |
| 11:15 am |
Networking Break |
| 11:30 am |
Supporting Mental Wellness in Families and Businesses The past two years have tested even the most resilient families who have been challenged with balancing domestic obligations with home schooling and managing companies virtually. In the best of times, family held enterprises often have complex dynamics due to the relationships between employees. Given the uncertainty in the world, it is unsurprising that the rate of anxiety, depression and substance use are at all-time highs. Family enterprises will thrive if they balance promoting financial sustainability with maintaining the mental health and wellness of their workforce. Don’t miss this interview-style session to learn more about innovative ways that advisors, employers, and family members can achieve positive mental wellness during times of uncertainty. Arden O’Connor, Founder, O’Connor Professional Group 1.0 CPE | Specialized Knowledge |
| 12:15 pm |
Explanation of Deep-Dive Seminars |
| 12:30 pm |
Networking Luncheon |
| 1:45 pm |
DEEP-DIVE SEMINARS (please select one) Addressing Mental Well-being, Substance Abuse, and Cognitive Decline in Families It is frequently said that “every family has its issues”, but having positive conversations about mental and physical wellbeing doesn’t have to be as daunting as it may seem. Statistics suggest that most families will encounter challenges related to mental health, substance abuse, and cognitive decline, and ultra-wealthy families are not immune. While financial resources can allow families to access best in class care, privacy concerns paired with complex family dynamics and the desire to protect loved ones from consequences complicate the process of addressing issues related to aging and mental wellbeing. Join behavioral health and geriatric experts for this interactive seminar, which will address managing challenging family dynamics around mental and physical wellbeing, as well as clinical, legal, and financial considerations. Arden O’Connor, Founder, O’Connor Professional Group 2.50 CPE | Specialized Knowledge
Ensuring a Smooth Leadership Succession Process This seminar is a deep dive into the topic of succession, including how to proactively plan for and manage family leadership transitions. Speakers will consider ways families can anticipate their needs before a succession crisis occurs. They’ll also cover how to open up communication with the rising generation and prepare them for their emerging responsibilities. They will look at leadership potential “markers,” as well as the competencies rapidly becoming essential for the future. They will also address the handoff itself – when to let go and how to successfully step up. Finally, they will examine what can go wrong during these sensitive moments and how to mitigate common causes of derailments. Carl Robinson, Ph.D., Founding Partner, Vantage Leadership 2.50 CPE | Specialized Knowledge
Family Office Trends and Solutions – with Case Studies This seminar will begin with trends discovered from FOX’s biennial family office benchmarking survey and will be supported by family office case studies to bring several of the trends to life. The case studies will be used to illustrate a variety of best practices and strategies that were identified in the survey. Josh Kanter, President, Chicago Financial, Inc., and Director and Vice President, Kanter Family Foundation 2.50 CPE | Specialized Knowledge |
| 4:15 pm |
Tuesday Programming Concludes |
| 6:30pm |
Dinner for Families, Office Executives, and FOX Thought Leaders Council Members |
Wednesday, October 27 |
|
| All members are invited to attend this day of the Forum. | |
| All times listed are in U.S. Central time. | |
| 8:00 am |
Networking Breakfast and Registration Open |
| 9:00 am |
Update from FOX Leadership Team Sara Hamilton, Founder and Board Chair, FOX |
| 9:30 am |
Evolution Across Generations: The Caroline Rose Hunt Family Story Caroline Rose Hunt was the 3rd child of H.L. Hunt Jr. an American oil tycoon and entrepreneur. She established her family enterprise in the early 1980s, focusing on hotels and leisure, and exited in 2011. Today the enterprise holding company, The Rosewood Corporation, has a centralized ownership structure, headed by John Dziminski, enterprise president. John oversees three diversified business lines including oil and gas exploration, private equity direct investments, and real estate direct ownership. John also oversees the family office, the family’s private trust company for all family trusts, and manages the trustee function. John will take attendees through the journey of Caroline Hunt’s family enterprise evolution. John Dziminski, President, The Rosewood Corporation 1.0 CPE | Specialized Knowledge |
| 10:20 am |
Own It: How to Develop a Family Enterprise Mindset Any owner at any age can gain ownership-related perspective and skills contributing to greater family harmony and business success. With two other authors, Gaia Marchisio, executive director at Cox Family Enterprise Center at Kennesaw State University, has written a book providing enterprising families and their advisors examples and practical advice to promote knowledge, skills, and capabilities -- incorporating a broad range of topics spanning personal and interpersonal, leadership and wealth, business, ownership, and financial. Learn how to build “ownership literacy” in your family, along with a genuine sense of stewardship. Gaia Marchisio, Executive Director, Cox Family Enterprise Center CPE is not offered for this session. |
| 10:50 am |
Networking Break |
| 11:10 am |
The Role of Independent Board Members in Bringing New Insights to the Family This experienced panel of family leaders will share their insights from working with independent directors on governing boards (both Gen 2 and Gen 5 perspectives). They will describe the benefits derived from adding independent directors and how to find the right people for these important roles. We will explore how independent directors help balance the tension between supporting the family’s legacy and enabling the enterprise to find new opportunities to thrive during challenging times. Pierre duPont, Partner, Cerity Partners 1.0 CPE | Specialized Knowledge |
| 12:00 pm |
Networking Luncheon and Introduction to Afternoon Breakouts and Peer Dialogues |
| 1:30 pm |
BREAKOUT SESSIONS (please select one) All breakout sessions will be recorded and available to FOX members following the forum. Benefits of Age-Appropriate Learning Strategies When is the right time to begin a learning program, and how do you determine which topics to include within that program? FOX’s Learning Center team will help attendees answer these important questions through theories, FOX research, and best practices of leading families. Speakers will explain the resources available in FOX’s updated Family Learning Handbook and describe how the learning tools can be used for a variety of family learning initiatives. Attendees will leave with easy-to-implement learning activities as well as an understanding of the importance of program design and applied and just-in-time learning. Come prepared to discuss, learn and share. Mindy Kalinowski Earley, CMP, CFBA, Chief Learning Officer, FOX 1.0 CPE | Specialized Knowledge
The Impact of New Liquidity on the Family: What You Might Not Know This session will identify key challenges families face upon the sale of their business and corresponding new liquidity from the event. Families may experience changes to their identity, and financial autonomy may impact family dynamics, therefore reaching alignment and creating a shared vision lays the framework for future long-term success. Legal considerations around structure, as well as tax and spending implications post-sale, are critical issues that have to be addressed. Identifying and engaging new advisors to assist in deploying capital is also crucial as the family develops a cohesive investment strategy and distribution policies that enrich the lives of future generations. Bruce Geier, Chief Executive Officer, RMS Investment Group, LLC 1.0 CPE | Specialized Knowledge
Enterprise Guidelines: Frameworks for Dividends, Family Employment and Exits This session will review highlights from a recent FOX study on enterprise and business families. Throughout a series of interviews, families have shared their approaches, frameworks and guidelines regarding owner dividends and distributions, family employment and family owner exits. And, while there may be no such thing as a best-practice that is right for everyone, participants provided multiple insights and advice to help improve your own practices and create an enterprise framework that works for everyone, including owners, family members and employees. Scott Winget, Market Leader, Enterprise Families, FOX 1.0 CPE | Specialized Knowledge
Emerging Tax and Regulatory Changes: An Update This session will address the quickly changing tax and regulatory landscape that could potentially impact family offices and ultra-high net worth individuals. Changes in capital gains, estate, income tax and the proposed tax surcharge on high income individuals, as well as trusts and estates, will be addressed. In addition, the panel will discuss proposed regulations requiring registration of Family Offices under the SEC and reporting requirements for investment partnerships and other entities. Mandy H. Chardoul, CPA, MST, CFP, Tax Partner | Family Office, Plante Moran 1.0 CPE | Specialized Knowledge |
| 2:20 pm |
Networking Break |
| 2:45 pm |
PEER DIALOGUES The peer discussions will allow attendees to reflect in-person together on what they’ve heard thus far at the Forum and discuss insights gained. Family Office Executives (Open to single family office executives, U.S and International)
Family Members (Open to family members, U.S and International)
Globally Minded Families (Open to family members of any generation from non-U.S. based families) Miguel López de Silanes Gómez, Market Leader, Europe and Latin America, FOX Advisor Peer Dialogue (Open to FOX Thought Leaders Council Members, Multi-Family Office Executives, and other Advisors) David Toth, Managing Director, FOX |
| 4:15 pm |
Wednesday Program Concludes |
| 6:30 pm |
Cocktail Reception and Dinner Join us for a dinner at this historic, prairie style venue, located in Chicago’s Lincoln Park, overlooking the South Pond and with views of the Chicago skyline. Shuttle service will be provided. |
Thursday, October 28 |
|
| All members are invited to attend this day of the Forum. | |
| All times listed are in U.S. Central time. | |
| 8:00 am |
Breakfast |
| 9:00 am |
FOX Forum Agenda for Thursday |
| 9:15 am |
Disruptions and Their Impact on Family Offices The pandemic has created tremendous disruption on many levels causing dramatic changes in how we work, communicate, travel and manage risk. Our reliance and integration of technology has created data security risks across the office and family. Talent is on the move, and it remains difficult to find and retain critical employees, and where and how they work has forever changed. The regulatory and tax landscape is rapidly shifting, causing a renewed focus on longer term planning and structural changes in the office. Succession in the family and family office similarly changes the work and governance structures needed to be successful. Join us for this session to get a clear picture on the challenges you need to be addressing in your office and the boardroom in the coming years and actionable advice on how to manage them. Glen W. Johnson, President of Membership, FOX 1.0 CPE | Specialized Knowledge |
| 10:05 am |
Intelligent Family Offices: Changing Our Way of Thinking and Operating Family office technology continues to grow at an exponential rate. While the new technologies are exciting, many family offices are still dealing in old data methods. The technologies of the early aughts are no longer sufficient for future client demands but changing them isn’t like changing a light bulb. What challenges and opportunities should you be ready for? Which systems should you evolve first? What do you need to get your data ready for the transformation? What steps can you take to prepare for the family office of the future and better serve your clients? The answers include a new way of thinking and a new operational approach. Matthew P. Grupp, President and CEO, Grupp Organization LLC 1.0 CPE | Information Technology |
| 10:55 am |
Hotel Checkout and Networking Break |
| 11:25 am |
New Frontiers Creating Investment Opportunities Direct investors are forging new paths into frontier investing on a daily basis. As ideas become reality in a constantly evolving realm, investors should seek guidance on seeing around the corners. Join us for a conversation with two experts in the life science and fintech space, where they’ll discuss the trends they’re seeing and share invaluable insight into two fast-moving and exciting spaces of next-generation wealth creation. Denny Boyle, Managing Director, SVB Capital 1.0 CPE | Finance |
| 12:15 pm |
Closing Remarks and Forum Concludes |