Owner/Operator Council Meeting - New York - September 8 & 9, 2015


Tuesday, September 8, 2015 - 10:30am to Wednesday, September 9, 2015 - 4:00pm
The FOX Owner/Operator Council is composed of family members who directly oversee the operation of their family's financial enterprise, with or without staff, working together to share insights and strategies.  
The purpose of this council is to provide a forum for these leaders to test ideas, get peer advice, and learn from appropriate experts to improve their performance in managing the family’s wealth and preparing the family for the future.
Each Council works from a FOX developed curriculum that is tailored to the needs of the Council. Meetings include content from the curriculum as well as specific topics and discussions requested by the Council members. FOX provides the appropriate internal and external resources for lively, fruitful meetings.

  • Agenda


Tuesday, September 8, 2015


1:00 p.m.






1:10  p.m.


Executive Dialogue  




3:15  p.m.






3:30 p.m.



Council Member Profile




5:00  p.m.






6:00  p.m.


Council Cocktails and Dinner

Wednesday, September 9, 2015


8:30 a.m.






9:00 a.m.



Sea Change:  Estate Planning in a Changing World

For years estate planners were consumed with maximizing gifts while worrying about whether Congress would either permanently repeal or dramatically increase the estate tax. In late 2011, with the institution of the American Taxpayer Relief Act of 2012, Congress effectively decided to do neither. With that, the estate planning world believed it had entered a period of consistency. That has not been the case. Three major forces have come together to, in many ways, fundamentally shift the whole nature of estate planning. 

Understanding how this new estate planning climate came about and, more importantly, what to do about it, comes down to understanding the three major forces behind it: changes in federal and state tax laws, recent legislative enactments, and a variety of environmental dynamics.  Jere will discuss how these forces could impact you.




10:30 a.m.






10:45  a.m.


Industry Update: Current Update on Estate, Tax and
Regulatory Issues

Hear from two very important family advocacy groups about the climate they are facing in our nation’s capital and about the work they are doing on your behalf on estate, tax and regulatory issues.




12:15  p.m.






1:30 p.m.








How to Make a Successful Family Transition from One Generation to the Next





3:00 p.m.






3:15 p.m.


Next Steps




3:30 p.m.


Meeting Adjourned


Wednesday, September 9

3:30 p.m.



  • Review Investment Discussion Agenda and session ground rules




3:30 p.m.


Making vs. Keeping It – Approaches to portfolio management for high net worth families from the viewpoint of 3rd generation Stern family member




4:00 p.m.


Recent Activity: Strategic and Tactical Asset Allocation Changes (worksheet review)

All Council Members

  • Participants to highlight changes and discuss reasons for the change




5:00 p.m.


Specific deal and/or manager presentation and feedback

All Council Members




5:30 p.m.



*** Business casual attire for meeting ***