Join Truist Wealth's David Herritt, Head of Center for Family Legacy, and David Shaw, Publishing Director, Family Business Magazine, as they discuss the complexities of money and relationships inside and outside of the family business.
Every one of us has a relationship with money. It has the power not only to buy goods and services, but also to impact our daily lives and decisions, and very importantly, to impact the myriad relationships we have from marriages to siblings to friendships. The key to money and relationships is understanding the pros, cons, implications and impact on each relationship.
There's no one right or wrong way to deal with money, but there is the need to recognize its resulting effect. In this session, we will discuss why it is so difficult to talk about money, explore your money history and discover how different relationships, both within and outside your family, are impacted by money.
This webinar will show you how to:
- Begin open and honest conversations around wealth
- Discuss and learn about ‘money history'
- Recognize teachable moments
- Educate each family member about money management
Speakers
David Herritt
Head of Center for Family Legacy, Truist Wealth
David Herritt is Head of Truist Wealth's Center for Family Legacy. In this role he is actively involved with the development of resources to aid families in areas related to their human and intellectual capital. He has extensive experience in family meeting facilitation, family communication, family policy creation and next generation education. Further, David has direct oversight of all aspects of the delivery of family governance, education, enhanced reporting and expense management. Prior to his current role, David worked for a number of trust companies including Bankers Trust, Deutsche Bank Trust and U. S. Trust. David spent much of the early part of his 25 plus year career in Trust and Estate Administration. Over time, he transitioned to focusing on the human and intellectual capital topics facing families.
He speaks and writes regularly for professional and client groups on a myriad of topics including family governance, family dynamics, next generation education and planning for closely held businesses. David attended Brockport State University and obtained a Bachelor of Science degree in Political Science and Economics. In addition, he obtained his Juris Doctor from the Cumberland School of Law. David is also a graduate of the National Graduate Trust School program at Northwestern University. David is involved with the Association of the Blind and the Connecticut Special Olympics.
David Shaw
Publishing Director, Family Business Magazine
David Shaw is the publishing director for MLR Media. He also co-founded and serves as conference director of the Transitions conferences, the Private Company Governance Summit and Family Business Legacy. David writes frequently on governance issues for public and private companies, and develops and maintains close relationships with multi-generational family-owned businesses. He is married, with two grown children.
Benefits
• No cost to attend
• Opportunity for questions and feedback
• Unbiased third-party family business education
• All participants can receive a copy of the webinar materials after the event, upon request
• All participants receive Family Business Magazine weekly newsletter, with news, tips and trends that impact your family business. You may, of course, opt out at any time.
• 60 minutes — maximum value for time
Sponsor
Truist Wealth