2015 FOX Fall Forum Agenda


Wednesday, October 21

This day is reserved for family members, family office executives, and Thought Leaders Council members.

9:00am Registration Opens
10:00 a.m. -
11:30 a.m.    
First Time Attendee Orientation (including speed-networking)
11:30 a.m. -
1:00 p.m.

Welcome Luncheon
Family members, family office executives and Thought Leaders Council members
Alexandre Monnier, President, Family Office Exchange

1:30 p.m. - 4:30 p.m. Workshops


Workshop 1

Developing a Family Vision for the Future
Facilitators: Sara Hamilton, Founder and CEO, Family Office Exchange and Margaret Vaughan, Founder and President, MCV Consulting
Session Host:  Alexandre Monnier, President, Family Office Exchange

A multigenerational family can benefit from a visioning process when moving from one stage of the enterprise to another—perhaps facing a change in leadership or a change in ownership of key family assets. The time for a Family Visioning process has come when family members can see a major change coming, but are uncertain as to how the transition will occur.  
The value of the Family Visioning process is to identify and address the fundamental questions that a family needs to answer in order for changes to occur smoothly. The process helps clarify family goals, as well as areas where those goals—and pathways to achieving them—are not aligned for common benefit. The outcome from the process is a greater ability to keep the family together, because the family is able to develop and adopt a future vision they believe in and want to support. 
In the workshop session, Sara Hamilton and Margaret Vaughan will talk about setting the stage for a successful visioning process—identifying values and guiding principles, and evaluating opportunities and risks that must be considered in the midst of any transition process. Attendees will learn how to identify driving forces and key uncertainties in the family’s future, and how to address these challenges. They will use scenario planning exercises to define the predictable outcomes that are likely to occur if nothing changes and the desirable outcomes they might expect if change is thoughtfully planned out. 
The process culminates in a consensus view of the desired state for the future and identifies ways to implement the vision that the family has endorsed. Specific strategies are clearly mapped out with timelines, and progress can clearly be measured. Examples of these steps in the process will be shared with the attendees. At the end of the workshop session, there will be time for questions from the audience and brainstorming about what may be holding your family back from thoughtfully planning for the future. 


Workshop 2

Engaging in Solution-Building: The Impact Investing Game 
Facilitators: Abigail Noble,  CEO, The ImPact, and  Michael Drexler, Head of Investors Industries of the World Economic Forum
Session Host: Amy Hart Clyne, Executive Director, Knowledge Center,  Family Office Exchange

Change is never easy, especially with the challenge of mainstreaming impact investing. But when change is fun, it is easier for those faced with seemingly insurmountable challenges to begin to see opportunities. For the past three years in Davos, the World Economic Forum (WEF) has designed and implemented elaborate and highly competitive interactions with investors, social entrepreneurs and government officials. The experience has resulted in a competitive and dynamic game that not only helps break down barriers between participants with different perspectives, but also allows them to creatively explore what they can do to move impact investment needs to the next level. 
Abigail Noble and Michael Drexler will lead FOX family members in an interactive and thought-provoking Impact Investing Game that will guide participants in approaching problems from multiple angles and incorporating multidisciplinary thinking— including understanding how professional backgrounds can create entrenched perspectives and limited flexibility for innovation; how engaging in solution building can lead to mindset change because of counter-attitudinal advocacy; and how relaxing the constraints of a problem set can lead to more innovative solutions. Lessons learned will not only help drive the family’s impact investing decisions, but also their overall decision-making process.
Workshop 3

Assessing Family Wealth Roles:  Lay It on the Line Exercises
Facilitators: Danielle Oristian York, Director, 21/64; Annie Hernadez, Executive Director, Fridea C. FOX Family Foundation
Session Host:  Karen Clark, Managing Director of Councils, Family Office Exchange

Utilizing a series of interactive, fast-paced and fun kinesthetic exercises, Danielle Oristian York will guide attendees through an exploration to gain deeper insight into your their assumptions around wealth, roles and the generational perspectives at play in your family. As part of the workshop, Danielle will facilitate three unique exercises: 
•  Family Diagram - Dedicated to helping family members see the patterns of the multigenerational family system, identify roles and how paradigms can be shifted into a multi-person mode of understanding choices and behavior in the family. 
 Money Messages - A conversation-based activity to clarify the messages that are driving behaviors regarding spending, saving, investing and giving. 
 rolePLAY - An exercise that leverages the powerful act of play to help participants clarify the role they desire to play, and what opportunities and challenges are faced when stepping into a new role.
Workshop 4

Addressing Behavioral Health Issues and Addictions in the Family
Facilitator: Arden O’Connor, Founder, O’Connor Professional Group; Diana Clark, Director of Family Services, O’Connor Professional Group
Session Host:  Ruth Easterling, Managing Director, Member Services, Family Office Exchange

Addiction and other chronic behavioral health issues can present significant risks to family well-being and wealth preservation, and recent research suggests higher incidence of these issues within affluent communities. In this workshop, Arden O’Connor, will focus on the connection between money and addiction as well as other chronic behavioral health issues, signs and symptoms indicating there may be a problem, how to raise concerns about behavioral health issues with individuals and in family meetings, and treatment models that can increase the odds of successful outcomes and aid the whole family.
6:00 p.m.  Rising Generation of Leaders Reception
  Hosted by: Heather Asher, Senior Relationship Manager, Family Office Exchange; Meghan McWalters, International Relationship Manager, Family Office Exchange
7:00 p.m. - 10:00 p.m.

Family Members, Office Executives and Thought Leaders Dinner - JW Marriott Chicago, Burnham Ballroom 




Thursday, October 22

7:00 a.m. Registration
7:30 a.m.      Breakfast and Registration
8:30 a.m. Welcome, Program Overview and FOX Trends Update
Session Host and Speaker: Alexandre Monnier, President, Family Office Exchange

A critical element of Family Office Exchange’s work is to identify trends and issues that have immediate and future impact on families of wealth. As such, Alexandre Monnier is pleased to share the trends emerging in the family wealth industry and how these trends will impact families today and well into the future, what families will need to do to prepare for these inevitabilities, and how these trends link to the client experience mindset. 
9:15 a.m. -
10:30 a.m.

Defining and Aligning The Client Experience 
Session Host and Speaker: Amy Hart Clyne, Executive Director, Knowledge Center, Family Office Exchange.

Panelists:                                                                                                                                                      Robert M. McLane, Jr. , Senior Director, BNY Mellon
Marianne Herlihy, Family Office Advisor, Hemenway & Barnes, LLP                                                           Barbara Atkinson, BA, CHRP, Vice President, Human Resources & Client Services, Werklund Family Office                                                                                                                                                         Eli Greiner-Quiett, Chief Client Service and Operations Officer, Fiduciary Councelling, Inc.

Family Office Exchange has been leading the charge to examine essential elements of the client experience and the influence these elements have on today’s families as well as families of the future. Key to this assessment is defining what family office executives, advisors with whom families will engage, and of course families themselves need to do to more effectively meet the unique and emerging needs of enterprising families. 

10:30 a.m. Break
11:00 a.m. -
12:30 p.m.

Family Peer Dialogue Sessions
Structured Peer Dialogue for Family Members and Family Office Executives

  • Wealth Owners and Family Leaders
  • Executives for Business-centric Offices
  • Executives of Small Offices (1-5 employees)
  • Executives of Medium Offices (6-15 employees)
  • Executives of Large Offices (16+ employees)

Advisor Breakout Session
Assessing High Impact Trends in the 
Family Office Industry

Session Hosts: Alexandre Monnier, President;
David Toth, Director of Advisor Research;
and Karen Rush, Director of Membership,
Family Office Exchange

  • Thought Leaders Council 
  • MFO Council
  • Advisors and Guests
12:30 p.m. Networking Luncheon

FOX Network Learning Tracks

FOX Networks provide an effective way for members to stay up-to-date on the issues and skills that apply to key family office disciplines. Each network focuses on one discipline or member subset, making it easy to tap into the exchange of EDUCATION or ideas via PEER EXCHANGE and advice from fellow FOX members, industry experts, and FOX research.


Session One 2:00pm - 3:30 pm

Choose from the following session options. 

Powered by the FOX Owner Education Network

Family Culture and Embracing Change 
Session Host: Amy Hart Clyne, Executive Director, Knowledge Center, Family Office Exchange
Speakers: Matthew Wesley, J.D., M.Div., Founder, The Wesley Group; Sara Hamilton, CEO, Family Office Exchange
Family success over generations is often contingent on the health and vibrancy of family culture. Family culture can destroy legacy, decimate planning, and wreak havoc on even the best laid plans of founders, professionals and family leaders. This session will help bring clarity to the confusing dynamics of family culture and, more importantly, provide strategies and techniques used to make adaptive cultural shifts. Matt Wesley and Sara Hamilton will guide this highly interactive session so that participants will leave not only with a better understanding of the landscape, but also with the essence of creating more adaptive cultures. 


Powered by the FOX Rising Generation of Leaders Network

Social Media…How Do You Protect Yourself and Your Family?
Session Hosts: Heather Asher, Senior Relationship Manager, Family Office Exchange; Meghan McWalters, International Relationship Manager, Family Office Exchange
Speakers: Andy Campbell, Partner, Novack  and Macey, LLP; Jeff Carroll, Assistant Vice-President, AIG Private Client Group
More than 58 million Americans use social networking sites several times per day. Social media has created a new sense of reality—a reality that its benefits have outweighed the risks. Liability risks involved with the use of social media include defamation, invasion of privacy and negligence. This session will provide awareness into the risks as well as the solutions to minimize the evolving dangers of social media. 


Powered by the FOX Direct Investing Network
Direct Investing: Industry  Sector Dynamics (Note: Now an open session)

Session Hosts: Linda Shepro, Managing Director; Karen Clark, Managing Director of Councils, Family Office Exchange
Speakers: Max DeZara, Founder & Managing Partner, Akoya; Charles Eggert, Managing Director, Specialty Chemicals Sector Leader, Akoya; Rob Gerhard, CEO, Umbono Capital; Dan Kipp, Founder, Managing Partner, City Capital Ventures; Allen Tibshrany, Managing Director, City Capital Ventures; Jonathan Spencer, Director, Capital Markets, Umbono Capital

The DIN Network invites you to participate in a Three-Part Industry Sector Dynamics discussion.

Part 1:  Working the Plan – City Capital Venture’s seasoned deal team, Dan Kipp and Allen Tibshrany will explore the critical steps necessary to  ensure success in  the  first 18 months post-investment, including guidance on governance, transparency and reporting.

Part 2: Unlocking opportunities in Natural Resources - Rob Gerhard CEO of Umbono Capital, and Jonathan Spencer, Director, Capital Markets will highlight one family's direct investing focus in natural resources and how they see significant opportunity due to both cyclical and structural changes in the sector, in  both the US and in emerging markets.

Part 3: Specialty Chemical Sector – Max DeZara  and Charles Eggert of Akoyo Capital will discuss their 5-Sector approach to direct investing and will highlight timely involvement and nuances of the specialty chemical sector.


Powered by the FOX Private Family Trust Company Network

Lessons Learned When Forming Private Trust Companies
Session Host: Mariann Mihailidis, Managing Director of Councils, Family Office Exchange
Speakers: Kim Kusilek, CFO, HRK Group, Inc.; Bill Seale, President, Shoebox Private Trust Company, LLC

Establishing a Private Family Trust Company (PFTC) is a significant step in a family’s evolution from managing its wealth to institutionalizing its family governance, trustee processes and strategic direction as a family enterprise. In this session, the PFTC Network community comes together for a discussion around lessons learned when forming a Private Trust Company. Participants, led by experienced executives, will share the challenges, insights and unexpected benefits gained through the private family trust company structure.

Moderated by the FOX Technology Operations & Data Security Network

TODS Network Idea Exchange - Cybercrime: It’s All About You and Steps to Combat It
Session Host: Steven Draper, Senior Consultant, Family Office Exchange
Speakers: Steven Ryder, CEO, True North Networks 
This session will review latest trends in cybercrime and why it’s growing exponentially. There is big money in hacking secure financial information, no matter the size of the business for these criminals, the opportunities are limitless. We will review the SAN Critical Security Controls, which are simple good business practices to secure and monitor your network. Additionally, we will review steps we all can take to protect ourselves and our businesses against these endless threats.

Powered by the FOX Human Capital Network

Implementing an Agile Vertical Leadership Framework

Session Host: Kasey Mueller, Director of Human Capital, Family Office Exchange
Speakers: Greg McCann, Founder and Consultant, McCann & Associates
Our world is becoming more complex and interdependent. Business cycles, planning horizons, and even generations are all getting shorter in a world where everything affects everything. To be a leader today requires the agility to develop how you think, not just increasing what you know. This concept is known as vertical leadership, the number one trend in leadership development today. Participants will be provided with the necessary tools to become more agile leaders and practices to develop these key agilities in their lives as well as in the lives (and families) of the people with whom they engage.

Session Two 3:45 p.m. - 5:00 p.m.

Choose from the following session options. 


Powered by the FOX Owner Education Network

Family Education In Action
Session Host: Amy Hart Clyne, Executive Director, Knowledge Center, Family Office Exchange
Speaker: Teresa Bellock, Editor-in-Chief, Family Office Exchange                                                         A panel of FOX members will contribute their insights on family education
Family education is critical to wealth sustainability. In this session, participants will hear directly from families who have successfully implemented family education programs and the challenges and obstacles they have had to overcome to design, develop and deliver quality programming. In addition, family members will share information about the types of programs they are delivering as well as the outcomes of their implemented learning strategies. Families will also share lessons learned and will answer the question, “What do you wish someone had told you before you started this project?” 

Powered by the FOX Rising Generation of Leaders Network

The Sandwich Generation and Eldercare Issues 
Session Hosts: Heather Asher, Senior Relationship Manager, Family Office Exchange
Speakers: Margalit Tocher. President, Home Healthcare Assistance;
Andrea Hasten, CPA, J.D., MBA, Senior Vice-President, Northern Trust
With the aging of the Boomer generation comes the challenge of eldercare and its ultimate impact on families and designated caregivers. Often those caregivers are a part of the Sandwich Generation―a generation of people, typically in their 30s to 50s, responsible for both bringing up their own children and caring for their aging parents. Margalit Tocher and Andrea Hasten will trace the challenges and obstacles of the aging generation and provide strategies and guidance for caregiver families. They will provide tools and resources for addressing this critical need.

Powered by the FOX Direct Investing Network

Direct Investing: Opportunities in the Real Estate Market (Note: Now an open session)

Session Hosts:  Linda Shepro, Managing Director, Family Office Exchange;  Karen Clark, Managing Director, Councils, Family Office Exchange

Panelists:  Ken Franasiak, Chairman and CEO, Franasiak/Calamar; Peter Knell, Managing Director, Knell/KCB;  Jordan Slone, Slone Family office, Chairman Harbor Group International

Families whose core business is real estate will share their experiential knowledge of market conditions, their view on current and future opportunities, specific strategies for a successful real estate portfolio and discuss various structures for effective deployment of capital in this sector.



Powered by the FOX Private Family Trust Company Network

The Art and Complexity of Trust Distributions - Your Committee, Your Policy and Your Practice
Session Host: Ruth Easterling, Managing Director, Member Services, Family Office Exchange     
Speakers: Matthew Tobin, Managing Director, South Dakota Trust Company, LLC; Miles C. Padgett, J.D. & CIMA, Partner, Kozusko Harris Duncan
Distributions have many implications for the Private Family Trust Company (PFTC). The responsibilities of the PFTC in preserving the corpus and being true to the role of the trustee must also align with the changing needs of the family. This peer dialogue will center on a case study examining the art and complexity of family distributions and provide tools, strategies, lessons learned and insight into preparing for the intricacies inherent in distributions.

Powered by the FOX Technology Operations & Data Security Network

Navigating The Integration Challenge
Session Host: Steven Draper, Senior Consultant, Family Office Exchange
Speakers: Pamela Cytron, CEO, Pendo Systems 
In a session dedicated to discussing global investment transparency and data governance, Pamela Cytron, CEO of Pendo Systems, a global financial technology company, and Steven Draper will lead a discussion on automating the challenges of managing portfolios, exposure and inventory. Included in the discussion will be managing the back office and how to leverage valuable data in the capital markets industry, universal position inventory and counter-party risk.  

Powered by the FOX Human Capital Network

Highlights from 2015 FOX Compensation and Benefits Survey
Session Host: Kasey Mueller, Director of Human Capital, Family Office Exchange
Speaker: Jane Flanagan, Director of Family Research, Family Office Exchange; Bruce K. Benesh, Partner in Charge, Grant Thornton LLP
Over 100 families shared their compensation data and practices as part of the 2015 FOX Compensation Benchmarking Survey.  The report, distributed in late September, includes a comprehensive analysis of individual compensation categorized by size of staff. Included in the survey results is an analysis of incentive compensation – methodology and annual targets for short-term incentives, types and structure of long-term incentive compensation, current compensation practices, benefits and perquisites and PTO.  Please join principal researcher, Jane Flanagan, as she shares data and the impact it might have on creating and maintaining a competitive edge in recruiting and retaining talent.  Time will be allotted for dialogue related to any HR concern, beyond compensation, that you wish to discuss with the network community.
7:00 p.m. All Member Dinner - Museum of Broadcast Communications, 360 N. State Street - Chicago

The stated mission of The Museum of Broadcast Communications is "to collect, preserve, and present historic and contemporary radio and television content as well as to educate, inform and entertain through the museum’s archives of public programs, screenings, exhibits, publications and online access to resources.” Family Office Exchange is pleased to offer a nostalgic look into the museum’s communications archives as the backdrop for an evening of networking and entertainment.



Friday, October 23

8:00 a.m. -
9:00 a.m.    
9:00 a.m.  Opening Remarks – Strategies to Enhance Owner Engagement
Speaker: Sara Hamilton, Founder and CEO, Family Office Exchange
9:20 a.m. -
10:30 a.m.
Developing an Entrepreneurial Spirit in the Family
Session Host: Karen Clark, Managing Director of Councils, Family Office Exchange
Speakers: Ann Dugan, Managing Director, Family Advisory Services, Headwaters SC; Sean Ammirati, Leading Patner, Birchmere Labs
Entrepreneurs assemble resources, create innovations, develop finance strategies and apply business acumen in an effort to create economic goods and services. The ultimate question is, “How do you instill these attributes in your rising generation?” Ann Dugan, who founded the University of Pittsburgh's Institute for Entrepreneurial Excellence, will lead an exploration on how to create an entrepreneurial spirit in the rising generation. Ann will guide participants on not only what goes into creating and fostering that spirit, but how one can take action to support and implement entrepreneurial endeavors. Utilizing megatrends and the opportunities they provide for a prepared entrepreneurial family, Ann will provide a step-by-step guide to building and sustaining an entrepreneurial family culture.
10:30 a.m. Break
11:00 a.m.-
12:00 p.m.
Finding Your Life Purpose 
Session Host: Amy Hart Clyne, Executive Director, Knowledge Center, Family Office Exchange
Speaker: Jonah Wittkamper, Co-Founder and Global Director, Nexus Global Youth Summit 
In an effort to promote a culture of greater giving and well-being for all, Nexus Global Youth shines light on the experience and impact of having wealth and what can be done to support and inspire the next generation of philanthropic  leaders. Given the unique nature of the generation and their experiences, Nexus research proposes that, instead of focusing on the technicalities of philanthropy, focusing on the relationships and emotional development behind philanthropy is the most effective and beneficial approach to promote generosity. Using modern research and relevant perspectives, this session will provide an overview of what we know about this next-generation of wealth holders, what we know about the nature of giving, and what we can do to further support and cultivate a generation where all will thrive.
12:00 p.m.
Closing Luncheon – Impact Investing, an Accelerator for Economic Return
Session Host: David Toth, Director of Advisor Research, Family Office Exchange
Moderator: Charly Kleissner, Ph.D., Co-Founder Toniic
Family Member Panel: Yariv Cohen and Angela Homsi, Founders Kaenaat; Ekaterina and Gijs Voskamp, Founders Ocean Capital Holdings 
The movement of money into investments that create environmental and social change is gaining momentum, yet the perception that impact investing goes hand in hand with sub-market financial returns has hampered the wider adoption of this promising approach to investing in positive change. 
Charly Kleissner co-founded Toniic and the 100% IMPACT Investing Network, global networks of action-oriented impact investors, focused on providing practical education and best practices to ultra-wealthy individuals, family offices, and foundation and endowment principals. Charly will share an overview and analysis of the current state of the impact investing ecosystem, will demystify the impact investing jargon and will explain the successes, challenges, and opportunities in the industry. Two impact investing couples who have taken innovative and effective approaches to impact investing will make the case that impact investing can—in many cases—be an accelerator for economic return.
2:00 p.m.

Forum Adjourns


REFUND POLICY: Refunds of payment or Forum credits will be offered if the cancellation is made in writing to Family Office Exchange at events@familyoffice.com 5 or more business days prior to the start of the event.