Paul E. Cameron, President, Gamble Partners
I serve a family in the San Francisco Bay Area through their single family office. After 25 years in public accounting I surrendered my partnership as a final act of “being too hard to manage”* in 1999.
Drawing on my professional experience working with many family-owned and operated businesses, I have overseen the preparation of tax returns, cash flow projections, performance reports, etc. for the family. Also, I am usually able to translate communications with family attorneys, accountants, and other advisors into more accessible prose. More recently, I have led in the creation and operation of a Licensed Family Trust Company.
As the son of a man who spent his entire career working in a family-owned and operated business and eventually acting as personne de confiance for the multi-generational family owners, I relied on his wisdom and teaching in addressing the challenges of family governance and succession until his death in 2007.
And, I am honored by and appreciative of my many opportunities to work with several of you as your student, admirer and colleague.
* Hughes Jr, James E. Family: The Compact Among Generations. New York: Bloomberg Press, 2007. p237.
Jon K. Crow MBA, CPA, Partner & Senior Client Advisor, Meristem
Jon Crow’s enthusiasm for numbers and finance is matched only by his enthusiasm and
appreciation for people. An accountant by trade and training, he feels fortunate to have
found the concept of the “family office” by accident. Jon’s career began as an intern at a
small boutique public accounting firm in Texas. It was a specialty practice serving families
that had an operating business with a financial office. He rose through the firm’s ranks and
spent a great deal of time in those various family offices. When Jon moved back to
Minnesota in 1998 he felt he had gleaned a great deal from his earlier experiences and
that he actually had a knack for it. He sought out a position with Sargent Management
Company, which was the Pillsbury/Ankeny family office, one of the first true “multi-family
offices” and one of the predecessor firms to Meristem.
Jon enjoys working with Meristem’s client service teams to deliver creative solutions to
complex problems. He experiences true satisfaction when he relieves a client of a
particular problem or addresses a complex financial issue that comes with the many
possible changes in life. “These are the times where our advisor’s financial skill sets
combine with their ability to establish relationships allowing Meristem to become our
client’s trusted partner.”
J. Spencer Culp, Director of Trust Supervision, New Hampshire Banking Department
Spencer Culp is an attorney licensed in New Hampshire and Massachusetts. He has been with the New Hampshire Banking Department since 2012 as the banking division hearings examiner. In that position he has served as a consumer protection investigator and prosecutor for complaints against banks, credit unions, and non-depository trust companies. The bulk of his work, however, has consisted of regulatory review of institution transactions and providing legal advice to the Department. Since 2013, he has focused increasingly on non-depository trust companies. He currently serves on a stakeholders’ working group recodifying New Hampshire’s banking and trust laws and the Non-Depository Trust Working Group of the Conference of State Bank Supervisors. Spencer was previously an attorney at the New Hampshire Office of the Attorney General. There, he represented and counseled state agencies and professional licensing boards on multiple matters including contract disputes, employment law, investigations, and administrative adjudications. He also defended state agencies and employees in state and federal court. He is a magna cum laude graduate of the University of the New Hampshire School of Law.
John Duncan, Partner, Kozusko Harris Duncan
John Duncan combined his Chicago-based firm, Duncan Associates, on January 1, 2012, with Kozusko Harris Vetter Wareh to form Kozusko Harris Duncan. John founded Duncan Associates in 2000 to concentrate on the representation of family offices, private trust companies, investment funds and similar family entities and multi-family offices, private banks, boutique trust companies and wealth advisors and managers committed to serving private clients. John’s work with families and family offices has evolved to include major foci on designing and implementing family office services platforms and nsgenerational,trans-formative family governance systems. In 2012, Private Asset Management named John to its “Power 25” list of prominent players in wealth management and family offices who “excel in thought leadership and levels of influence in their respective fields.” In 2013, his firm, Kozusko Harris Duncan received the PAM Award as the Best Overall Law Firm in wealth management.
Albert Forkner, Commissioner, Wyoming Division of Banking
Albert Forkner was selected to head the Wyoming Division of Banking as State Banking Commissioner in April 2012. In this role Forkner is responsible for the supervision and regulation of all state-chartered banks, independent trust companies, and licensed non-depository financial entities operating in Wyoming.
Forkner has over 17 years with the Wyoming Division of Banking. Prior to serving as commissioner, Forkner was the assistant banking commissioner at the Division, a position he held for four years. His experience also includes senior bank examiner and chief examiner at the Division, a bank examiner for the Federal Deposit Insurance Corporation, and a commercial and real estate loan officer. He currently serves on the executive committee of the board of directors for the Conference of State Bank Supervisors.
Forkner received a Bachelor of Science Degree in Economics from the University of Wyoming and he is a graduate of Cannon Financial Institute and the Graduate School of Banking at Colorado.
Robert R. Galloway, Partner, BakerHostetler
Rob Galloway is a national Team Leader for Baker Hostetler’s Private Wealth Group. In this role, Rob provides counsel to the firm’s wealthiest and most prominent fiduciary and family clients. He works closely with family offices, private trust companies, bank trustees, and privately held companies to bring creative solutions to complicated tax and fiduciary issues. Rob understands that lasting client relationships are built on trust, collaboration, and a sensitive approach to family and business issues.
Hartley Goldstone, JD, MBA, Associate, Wise Counsel Research
Hartley’s clients include institutional and individual trustees, family offices, and beneficiaries in all stages of life seeking to identify—and then achieve—positive possibilities in the relationship between trustee and beneficiary. He is co-author of Family Trusts-A Guide for Beneficiaries, Trustees, Trust Protectors and Trust Creators (Bloomberg 2016), and TrustWorthy-New Angles on Trusts from Beneficiaries and Trustees (Trustscape 2012), and a popular speaker about flourishing “trustscapes.”
Commissioner Greg Gonzales, Tennessee Department of Financial Institutions
Greg Gonzales is the 18th commissioner of the Tennessee Department of Financial Institutions, who began serving in this role in 2005, and was reappointed by Governor Bill Haslam. He has served in the department since 1986. In this position, Gonzales serves as Tennessee’s chief regulatory officer of all state-chartered depository and licensed non-depository financial institutions. Additionally, he has served as assistant commissioner and general counsel for the department.
Gonzales is a past Chairman of the Conference of State Bank Supervisors (CSBS), which is the professional organization of state banking commissioners in the United States. Commissioner Gonzales, for a number of years, served as a member of the Board of Directors of the Money Transmitter Regulators Association (MTRA), an organization of a majority of the states that regulate funds transfer companies. He served on the U.S. Treasury’s Bank Secrecy Act Advisory Group. Commissioner Gonzales currently serves on the Board of Directors of the Tennessee Financial Literacy Commission. Gonzales also currently serves on a national task force studying how new technologies are affecting the U.S. payment systems.
Ryan M Harding, Partner, McDermott Will & Emery LLP
Ryan M. Harding is a partner in the law firm of McDermott Will & Emery LLP and is based in the Firm’s Chicago office.Ryan focuses his practice on tax, estate planning, and family and closely held business governance and succession issues. He also regularly advises family offices on a wide range of business, corporate, real estate and tax matters. Ryan frequently represents clients on complex estate administration and sophisticated wealth transfer planning as well as the formation and operation of private trust companies.
Ryan is active in the Firm’s Estate, Trust and Guardianship Controversy group, and he often appears in court on behalf of clients for probate, estate, trust and guardianship administration. He also has successfully represented taxpayers on contested tax matters through audits, administrative appeals and litigation. In the fall of 2009, Ryan appeared before the Illinois Supreme Court to argue a case regarding the application of the Illinois state death tax
James (Jay) E. Hughes, JR., Esq., Philosopher, Wise Counsel Research Associates
Mr. Hughes, a resident of Aspen, Colorado, is the author of Family Wealth: Keeping It in the Family, and of Family – The Compact Among Generations, both published by Bloomberg Press and is the co-author, with Susan Massenzio and Keith Whitaker, of The Cycle of the Gift: Family Wealth and Wisdom and The Voice of the Rising Generation, both published by John Wiley & Sons and is a co-author with Hartley Goldstone and Keith Whitaker of a book to be published by Wiley in the Fall of 2015 entitled A Guide to Trustees, Beneficiaries, Advisors and Protectors". In addition, he has written numerous articles on family governance and wealth preservation and a series of Reflections which can be found on his website jamesehughes.com. He was the founder of a law partnership in New York City specializing in the representation of private clients throughout the world and is now retired from the active practice of law. He is a frequent lecturer for and member of the Purposeful Planning Institute. He is also an early member of the Family Firm Institute and is now a Fellow and has lectured for them at a number of their annual gatherings. He has served as a member of PhD candidate committee seeking a PhD in family Enterprise at Drexel University. He has spoken frequently at numerous international and domestic symposia on the avoidance of the shirtsleeves to shirtsleeves proverb and the growth of families’ human, intellectual, social, spiritual and financial capitals toward their families’ flourishing. He has authored various Forwards to multiple published works and has been cited in the New York Times, the Wall Street Journal and various professional journals. He is an advisor to the Kai Feng Family Heritage Institute located at Tsinghua University in Beijing, China whose mission is to bring to Chinese families the Globe's knowledge on how to nurture the growth of great families.
Richard A. Johnson, Tax Partner, Waller Lansden Dortch & Davis, LLP
Richard Johnson is a tax partner with the law firm Waller Lansden Dortch & Davis, LLP. For nearly 30 years, large family-owned and closely held businesses, high net worth individuals, family offices, and tax-exempt organizations have relied on Richard for practical tax, business, and estate and trust planning solutions. Richard formed the first private trust company under Tennessee law and has been responsible for forming or served as local counsel for more than half of Tennessee's private trust companies. He drafted new legislation updating Tennessee’s private trust company law, which greatly expanded the definition of a private trust company.
Richard served as chairman of Tennessee’s Nonprofit Act Revision Committee and as a member of Tennessee’s Limited Liability Act Revision Committee.
Richard earned his J.D., with honors, from the University of Tennessee College of Law in 1986 and his LL.M. in Taxation from the University of Florida in 1987. He earned a B.A., cum laude, in Accounting from the University of Mississippi in 1983. Richard is a Fellow in the American College of Trusts and Estates Counsel and the former chairman of the tax section of the Tennessee Bar Association.
Kim Kusilek, Chief Financial Officer, HRK Group, Inc.
Kim T. Kusilek is Chief Financial Officer of HRK Group, Inc. (HRK) and HRK Trust Company (HTC), entities created by members of the Andersen Window Family. She is also a Managing Partner of the Family’s investment partnerships. HRK provides integrated financial services to nineteen fourth through sixth generation family members and manages 37 long-term generation-skipping trusts, two privately held corporations, one private foundation, and two investment partnerships. Kim’s primary responsibilities are to organize and execute the Financial Services for each family member, which includes tax planning and compliance, financial reporting, investment accounting and measurement, and insurance. In addition, she acts as an advocate for all family members in working to achieve their mission of being “Good Stewards with a Generous Spirit”.
Diane Malarik, COO, Managing Director and Treasurer, Moreland Management Company
Diane Malarik is the COO, Managing Director and Treasurer of Moreland Management Company, a single family office serving three generations of the Leonard C. Horvitz family in Mayfield Heights, Ohio. Diane also serves as Vice President of Laurel Fiduciary Corporation, a private trust company in Jackson, Wyoming.
Prior to joining Moreland Management Company in 2007, Diane worked for IMG, the premier sports marketing firm where she held various senior management positions in Corporate Finance during her 13 year tenure. Before joining IMG, Diane was an audit manager at PriceWaterhouseCoopers in Cleveland, Ohio.
Diane is a CPA and a member of the AICPA and the Ohio Society of CPAs. She received a Bachelor’s of Science degree in Accounting from Lake Erie College.
James Melvin, President and Managing Director, The Connable Office, Inc.
James is the President and a Managing Director of The Connable Office, Inc., a multi-family office based in Kalamazoo, Michigan. Originating as a single-family office in 1885, Connable is one of the oldest privately owned trust operations in the country. Converting to a multi-family platform in 1948, Connable has carefully managed growth over the years in order to assure that it can provide the highest level of personalized fiduciary services to its family clients. In 2002, Connable enhanced its trust services by converting to a private trust company.
During James' 24 years at Connable he has served in a variety of positions including Office Legal Counsel, Senior Trust Officer, and President. James also serves as a Board Member and Officer for several private family foundations. James is a graduate of the University of Michigan with a BS in Industrial and Operations Engineering, an MBA, and a Juris Doctorate. James practiced corporate law with Miller, Canfield, Paddock and Stone before joining Connable in 1992.
Elizabeth P. Munson, President, Rockefeller Trust Company, N.A. & The Rockefeller Trust Company
Elizabeth P. Munson is the President of Rockefeller Trust Company, N.A. and The Rockefeller Trust Company (Delaware). She is also a Managing Director and Senior Client Advisor of Rockefeller & Co. As an advisor to high-net-worth individuals, families and family offices, Liz specializes in trust and estate planning and philanthropic matters. Prior to joining Rockefeller & Co. in 2001, Liz was a partner in the Private Clients Group at White & Case, LLP, where she practiced from 1983. Liz received an L.L.M. in taxation from New York University School of Law, a J.D. from the Harvard Law School and a B.A. in English from Yale College. She is extensively involved in non-profit organizations, including positions as Board Chair of Lenox Hill Neighborhood House, Vice President and Secretary of Sheltering Arms Children and Family Services, Secretary of FWWB (Friends of Women's World Banking)/USA, and Secretary of the Cancer Schmancer Foundation. She is also a director of CPA®17 and CPA®18, which are real estate investment trusts advised by WP Carey & Co. LLC.
Miles Padgett, Partner, Kozusko Harris Duncan
Miles’ practice focuses on affluent families, family offices and trust companies (private or commercial) serving such clients. He counsels his clients regarding:
- tax, business and compensation matters
- governance and succession issues
- investment adviser compliance and regulation issues
- estate and trust planning
- private trust company and other fiduciary chartering and on-going management matters,including anti-money laundering compliance and regulation, and resolution of fiduciary and tax disputes.
Miles was a founding member of the firm, and resigned from the partnership in 2004 to join the financial services community. After spending over 5 years as an investment consultant with Convergent Wealth Advisors, where he was a director in its Investment Strategy Group focusing on asset allocation and manager search and selection, Miles re-joined the firm as a partner in December 2009.
David Peterson, Compliance Officer, South Dakota Trust Company LLC
David Peterson serves as Compliance Officer for South Dakota Trust Company, LLC. Mr. Peterson’s primary responsibilities center on the areas of compliance and regulatory support for South Dakota Trust Company, LLC, and its public and private trust company partners. This includes reviews and updates of policies and procedures, performance of public and private trust company risk assessments, acting as a liaison with the South Dakota Division of Banking, and providing updates on industry best practices.
Prior to joining South Dakota Trust Company, Mr. Peterson was a financial institution examiner with the South Dakota Division of Banking. Mr. Peterson examined both private and public trust companies while with the South Dakota Division of Banking. Mr. Peterson attended the University of Sioux Falls in Sioux Falls, South Dakota, and received his Bachelor of Arts degree in Business Administration in 2000. Mr. Peterson also attended Creighton University in Omaha, Nebraska, and received his Juris Doctor and Masters of Science in 2003. Mr. Peterson is also a FIRMA member and received his CFIRS from Cannon Financial Institute in 2011.
James J. Ruddy, President and CEO, Dillon Trust Company, LLC
James J. Ruddy is president and chief executive officer of Dillon Trust Company, LLC, a private trust company in South Dakota formed exclusively for the benefit of the descendants of Clarence Dillon. His primary responsibilities include the oversight of all the family trusts, foundations, common trust fund investments and private business holdings. Mr. Ruddy is also vice-chairman, director and former president of Keswick Management, Inc., a financial services firm that oversees the asset allocation, accounting, tax and financial reporting in connection with the Dillon family office. The family office has been in existence since 1924 and currently serves 67 family members.
Prior to joining Keswick Management Inc. in 1992, Mr. Ruddy was a senior vice president and client account manager at Bessemer Trust Company, N.A. where his responsibilities included personal financial planning, estate and trust tax planning, asset allocation and investment counseling. Prior to that time, he spent ten years in the trust and investment division of Morgan Guaranty Trust Company of New York and the last six years as head of the post mortem estate planning department.
Mr. Ruddy is a Certified Trust and Financial Advisor. He was a member of the American Bankers Association National Trusts Schools Faculty at Northwestern and a frequent lecturer in the areas of trusts and estates, financial planning, family governance and the formation of private trust companies.
Carleen Schreder, Partner/Owner, Levin Schreder & Carey, Ltd.
Carleen focuses her practice on estate tax and income tax planning, working with both U.S. and international clients. She works extensively with families on multiple strategies for wealth transfer. She has experience in the formation of private trust companies to administer trusts for a client's family and is an officer of two such companies. She handles all forms of charitable planning, including private foundations, charitable trusts and donor advised funds. Carleen has also handled tax controversies, including estate tax and income tax audits and litigation. Carleen works with many clients, particularly in the real estate area, to structure loans, investments and sales or exchanges in order to maximize the deductibility of available losses and defer income taxation as appropriate. She represents many family owned businesses and helps them with succession planning and implementation of techniques to minimize gift and estate tax on transferring interests to the next generation. Carleen is recognized as a Leading Lawyer in Tax Law as well as Trust, Will and Estate Planning Law by the Illinois Leading Lawyers Network.
Andrew Stone, Partner, Kozusko Harris Duncan
Andrew counsels individuals, families, fiduciaries and family offices on all aspects of estate planning, estate administration and wealth transfer planning. Andrew’s practice includes significant experience with closely-held family businesses and the multi-generational families that own and control these businesses. He also focuses on international aspects of tax and estate planning for U.S. beneficiaries of foreign trusts, non-U.S. families with U.S. connections, foreign executives in the U.S. and U.S. citizens residing, or owning business interests, abroad.
Andrew serves as Chair of the Chicago Branch of the Society of Trust and Estate Practitioners (STEP). He is past co-chair of the International Tax Planning Committee of the Section of Real Property, Trust and Estate Law of the American Bar Association. Since 2005 he has served on the Board of Trustees of the John C. Proctor Endowment, Peoria, Illinois, and on the Professional Advisory Committee of the Chicago Community Trust. Andrew is an adjunct faculty member teaching International Estate Planning in Northwestern University School of Law’s Tax LLM program.
While in law school, Andrew was a John M. Olin Scholar in Law and Economics and was an articles editor for the Cornell Journal of Law & Public Policy. Prior to law school, he studied history at the Westfälische Wilhelms-Universität, Münster, Germany, as a recipient of a German Academic Exchange Service Scholarship. Andrew speaks regularly on tax and estate planning topics and is a co-author of “Role of the Trustee” (Illinois Institute of Continuing Legal Education-Trust Administration Handbook). Prior to joining KHD in May of 2014, Andrew was a partner at McDermott Will & Emery LLP. He is admitted to practice in Illinois.
Domingo Such, Partner, Perkins Coie LLP
Mr. Domingo Such is a partner in the law firm of Perkins Coie LLP based in the Chicago office. He is a member of the Personal Planning Group focusing on Trusts and Estates matters as it pertains to closely held businesses, family offices and trust companies. Mr. Such has been cited in Business Week, The Wall Street Journal, Crain Business Magazine, and has various published articles on tax planning matters. He lectures nationally on estate and business planning involving complex estates and trusts which are at times contested in court. Mr. Such received his undergraduate degree (B.A., cum laude) and graduate business degree (M.B.A.) from Washington University in St. Louis, and his law degree (J.D., cum laude) from the Loyola University of Chicago School of Law. He also earned his Certificate in Family Business Advising from the Family Firm Institute. He has been selected to the Leading Lawyers Network of Illinois by Law Bulletin Publishing Company as well as being selected as one of the Illinois’ Super Lawyers by Law & Politics. He is listed in Who’s Who in America and Best Lawyers in America, the 2013 Top Rated Lawyer in Labor & Employment issues and is a member of the American College of Trust and Estate Counsel (ACTEC), which reflects his experience, integrity and overall professional excellence.
Matthew Tobin, Managing Director, South Dakota Trust Company, L.L.C.
Matthew Tobin is the Managing Director of South Dakota Trust Company, L.L.C. in Sioux Falls, South Dakota. His primary responsibilities include management of the firm’s Private/Public Trust Company business, business management, legal, human resources, and public relations/legislation.
Mr. Tobin also serves as President of SDTC Services, L.L.C. which provides consulting services to the non-depository trust company industry, and serves as Director of the SDTC Foundation.
Mr. Tobin was formerly a member of the law firm of Siegel, Barnett & Shultz, L.L.C. where his private law practice focused on general and business litigation. He also received considerable experience in negotiations, mediation, and alternate dispute resolution. Prior to joining the Siegel, Barnett law firm, Mr. Tobin was a partner in the law firm of Johnson, Heidepriem, Miner, Marlow & Janklow, L.L.P. He also served as a law clerk to The Honorable Roger Wollman, U.S. Court of Appeals, Eighth Circuit.
Mr. Tobin serves as a board of director member for several private and public trust companies. He also serves on various committees for private and public trust companies.
Family Office Exchange Speakers
Ruth Easterling, Managing Director, Member Services
Ruth Easterling is Managing Director, Member Services, for Family Office Exchange (FOX), which is a leading provider of research, advice and education to families of exceptional wealth. FOX serves 330 ultra-wealthy families and 180 multi-family offices and advisory firms across 23 countries. In her role, Ms. Easterling leads all of the firm’s member services activities, and manages the teams who deliver conferences, educational forums, webinars, website resources and member communications annually. She has overseen marketing and drove the redesign and brand initiative that differentiates FOX today.
In her current Role, Ms. Easterling has expanded the educational programs and services available to FOX membership. FOX now offers three industry forums, a comprehensive webinars featuring timely topics of the industry and includes a robust library of replays available for members. Programming addresses the many facets of wealth management, from family dynamics to the most sophisticated strategies in investment planning.
Mariann Mihailidis, Managing Director of Councils
Mariann Mihailidis serves as managing director and consultant to family office members of the Family Office Exchange. In her role she oversees the management of all domestic family office relationships. As a practicing tax and estate-planning attorney, she develops strategies in wealth transfer issues, taxes, and corporate structures. Ms. Mihailidis has served as an executor and trustee, and her fiduciary responsibilities included administrative, legal, and accounting duties of various trusts and estates.
Prior to joining FOX in 1996, Ms. Mihailidis worked in one of America’s leading family offices for four years as an accounting manager for the family’s investment partnerships and operating companies.
Alexandre Monnier, President
Alexandre Monnier is President of Family Office Exchange (FOX), a global organization that helps wealthy families and their advisors master the unique challenges inherent to wealth ownership. He oversees FOX globally and has extensive experience in creating, marketing, and delivering premium services to families of wealth in the wealth management, private aviation and healthcare industries – in the US and internationally.
He joined FOX from PinnacleCare, a leader in private health advisory services, where he led the development of the business in the U.S. and in Europe. Earlier Alexandre ran Skyjet, Bombardier Aerospace’s private jet charter business. Previously he spent 10 years as a management consultant serving firms internationally. He started his career in finance with Societe Generale.