Can the right estate planning approach preserve wealth and prevent family discord, or is the dissipation of wealth an inevitable outcome of generational transitions?
In this episode, Brian sits down with Syd Walker, an estate planning consultant specializing in serving ultra-high-net-worth families. Their conversation delves into the nuanced world of estate planning, asset distribution, and the evolving concept of generational wealth management. Syd shares his journey from a campus minister and foreign missionary to a trusted advisor in the family office space, offering unique insights into creating actionable plans that resonate with family values and long-term objectives.
[00:01 - 06:22] The Evolution of Estate Planning
[06:23 - 13:08] Servant Leadership in Wealth Management
[13:09 - 20:14] Personal Stories and Professional Insights
[20:15 - 27:42] Entrepreneurial Journey and Client Engagement
[27:43 - 34:11] Legacy Beyond Wealth
Key Notes:
"When you put yourself in the position of a servant, that's exactly how a lot of people will treat you." - Syd Walker
“One of the commonly held thoughts on why most families fail is a lack of trust.” - Syd Walker
Connect with Syd!
Website:https://www.prosperispartners.com/
LinkedIn:https://www.linkedin.com/in/sydwalker/
This episode is sponsored by Mack International, a specialized executive search and human capital consulting firm serving the family office/wealth management markets. Please visit their website here for more information.
Connect with me:
https://www.linkedin.com/in/brian-c-adams/ (LinkedIn)
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