Events Information

North County Estate Planning Council - San Diego is pleased to welcome: Dennis Jaffe, Ph.D., nationally-recognized expert in families with business enterprises, their succession plans, building a Mission Statement, and family governance with present on:

Building a Great Family:
What I Learned from Interviewing 100 Global 100-Year Family Enterprises

After interviewing family leaders from more than 100 business families, from 20 countries, Dennis was surprised that, with all their diversity, there were common actions that accounted for their success.  Looking back to their first and second generations, these families took several steps that led to their long-term success. They invested in creating what they called a “great family” and focused on creating non-financial as well as financial values in their rising generation. They worked to realize their values, developed the skills and engagement of their new generation, and developed clear practices and working groups to make their vision real.  

This talk will build on insights from Dennis’ 2020 book: Borrowed From Your Grandchildren; The Evolution of 100-Year Family Enterprises. This book as well as Dennis’ earlier books: Cross Cultures, Stewardship of Family Wealth, and Working With the Ones you Love are seminal books in the library of those books in the “people side of planning."

OUR SPONSOR:

Bank of America Private Bank – The Parente Team

The Bank of America Private Bank provides a boutique-like private bank experience with access to the extensive resources of Bank of America Merrill Lynch, including fiduciary (1) investment management, trust services, customized credit, traditional banking solutions, and access to capital markets (2).

Larry Parente is a Private Client Advisor at Bank of America, with the San Diego, Private Bank office.  Larry has over 18 years of experience as a wealth advisor to business owners, corporate executives, entrepreneurs, creators of first-generation wealth, and families managing wealth across multiple generations.  He is also a licensed attorney with the State of California (3).  His clients range from high-net-worth to ultra-high-net worth families, with a minimum relationship of $3 million or more in investable assets, deposits or credit balances.  Clients with qualifying relationships of typically $10 million or more, also begin to have access to a suite of Bank of America Family Office capabilities, including Family Office Consulting Services.

The Parente Team provides complimentary consulting services to aid in the design and implementation of a successful wealth plan for his clients and their families.  They aim to simplify sophisticated wealth planning solutions, so that clients may make confident and informed decisions about their business, their family and their future.

Contact Information:  Larry Parente, Bank of America Private Bank at: 701 B Street Suite 1650, San Diego, CA, 92101, Office: (619) 515-5915, Mobile: (619) 929-4123, Email:[email protected], Website:https://private.bankofamerica.com/lawrence_parente/

(1) Bank of America, N.A., and U.S. Trust Company of Delaware (collectively the “Bank”) do not serve in a fiduciary capacity with respect to all products or services. Fiduciary standards or fiduciary duties do not apply, for example, when the Bank is offering or providing credit solutions, banking, custody or brokerage products/services or referrals to other affiliates of the Bank.

(2) Brokerage services are provided by Merrill Lynch, Pierce, Fenner & Smith Incorporated, a registered broker-dealer, Member SIPC and a wholly owned subsidiary of BofA Corp.  Banking products are provided by Bank of America, N.A., and affiliated banks, Members FDIC and wholly owned subsidiaries of BofA Corp.

(3) Larry does not provide legal advice in his role with the Private Bank.

OUR SPEAKER'S BIO:

Dennis Jaffe, Ph.D.

Dr. Jaffe, a member of Wise Counsel Research, is a San Francisco-based advisor to families about family business, governance, wealth and philanthropy. He is author of “Borrowed from Your Grandchildren: The Evolution of 100-Year Family Enterprises”; “Cross Cultures: How Global Families Negotiate Change Across Generations”; “Stewardship in your Family Enterprise: Developing Responsible Family Leadership Across Generations”, and “Working With the Ones You Love”.

His global insights have led to teaching or consulting engagements in Asia, Europe, the Middle East, and Latin America.

The Family Firm Institute awarded him the 2017 International Award for service, and in 2005 he received the Beckhard Award for service to the field. In 2020 he was awarded a special commendation as an individual thought leader in the field of wealth management by the Family Wealth Report.

He has a BA degree in Philosophy, MA in Management, and Ph.D. in sociology, all from Yale University, and professor emeritus of organizational systems and psychology at Saybrook University in San Francisco.

Contact Information: Dennis T. Jaffe, Ph.D. [email protected], www.dennisjaffe.com