Thoughtful Liquidity for Family Businesses

Join Interchange Capital Partners’ Ahmie Baum and Brian Baum, along with Family Business Magazine’s Publishing Director, David Shaw, for engaging discussions on how family enterprises can navigate, share and transition control across generations to strengthen leadership, governance and long-term success.

Part 1: Liquidity Timing & Options – Reading the Right Signals
When to Extract, When to Reinvest and What Options Exist for Your Situation
Friday, April 17, 2026
1 PM ET | 10 AM PT

How do you know if it’s the right time to pursue liquidity — and which option is right for your family and business?

Liquidity decisions aren’t just about having options — they’re about timing them correctly. Learn to read the signals that indicate when extraction makes sense versus when reinvestment accelerates value. Discover the full spectrum of liquidity options beyond “sell or hold” and understand which are available to you today versus which you can systematically build for the future.

You’ll explore:

• Timing Signals Framework – Market conditions, business lifecycle stage, family needs and tax environment indicators.
• The Liquidity Options Spectrum – Full exits, partial sales, recapitalizations, dividend policies, balance sheet leverage and tax-advantaged strategies.
• Present vs. Future Availability – Why some options aren’t accessible today but can be built with the right 12-24 month roadmap.
• The Opportunity Cost Lens – How to evaluate “do nothing” against active liquidity strategies.

Part 2: Structuring Liquidity – Architecture That Serves Multiple Goals
Designing Solutions That Fund Family Needs, Business Growth and Future Optionality
Friday, June 26, 2026
1 PM ET | 10 AM PT

What if you could structure liquidity to simultaneously satisfy family distributions, fuel business expansion and build family office infrastructure?

The best liquidity strategies don’t force you to choose between competing priorities — they’re designed to serve multiple goals. Learn how to structure solutions using the full family balance sheet, identify “lazy assets” that can be activated without disrupting operations and design cash flow systems that work for both the business and the family.

You’ll explore:

• The Full Family Balance Sheet Method – Comprehensive visibility beyond the business P&L to uncover hidden capital sources.
• Liquidity Structure Types – Transaction liquidity (selling equity), operational liquidity (cash flow optimization), balance sheet liquidity (borrowing capacity) and tax-advantaged liquidity (wealth preservation).
• Isolating Lazy Assets – Underperforming real estate, excess cash, unutilized life insurance, non-core business holdings that can generate capital.
• Multi-Objective Structuring – How recaps, minority sales and strategic distributions can fund family needs and business growth simultaneously.

Part 3: Growth Architecture – Scaling Business & Family Office in Parallel
How Strategic Liquidity Fuels Enterprise Value and Family Office Development
Friday, August 7, 2026
1 PM ET | 10 AM PT

Can you extract liquidity from the business while accelerating growth? Can you build toward a family office without strangling the operating company?

The answer is yes — if you design it correctly. Discover how successful families use liquidity events not as endpoints, but as fuel for the next stage of growth. Learn when distributions increase enterprise value by reducing family pressure on the business, and how to structure family office development that complements rather than competes with your operating company.

You’ll explore:

• The Growth Paradox Solved – When liquidity extraction accelerates rather than constrains business growth.
• Capital Allocation Framework – Deciding what stays in the business versus what moves to family office investment strategies.
• Family Office Readiness Indicators – When you have enough scale to justify family office infrastructure (and what to do before you reach that threshold).
• Liquidity as Growth Fuel – Using partial exits, recaps and asset harvesting to fund business expansion, acquisitions and market opportunities.
• Building Toward Billion-Dollar Scale – The liquidity and structural decisions that create optionality for significant future events.

Part 4: Implementation Roadmap – From Strategy to Action
Your 12-Month Plan to Execute Liquidity Strategy and Build Future Optionality
Friday, October 9, 2026
1 PM ET | 10 AM PT

You understand the timing, the options, the structures and the growth model — now what do you actually do?

This final session translates everything into a concrete action plan you can start Monday morning. Learn the “liquidity building blocks” approach that creates optionality even when you don’t need capital today. Understand when to pursue strategies independently versus when to coordinate with advisors, and build accountability systems to ensure follow-through.

You’ll explore:

• The 12-Month Liquidity Roadmap – Phase-by-phase implementation from foundation (months one to three) through execution (months 10-12).
• Quick Wins vs. Infrastructure Builds – Which actions generate immediate results versus which create long-term optionality.
• Advisor Orchestration – How to align your CPA, attorney, wealth manager and banker around integrated liquidity strategy.
• Common Implementation Pitfalls – Analysis paralysis, advisor siloing, family avoidance, waiting for perfect timing.
• Building for Future Optionality – The infrastructure decisions that expand rather than contract your choices.

Speakers

Ahmie Baum

Executive Chairman, Interchange Capital Partners

Ahmie E. Baum is the founder and executive chairman of the board for Interchange Capital Partners, a premier family business advisory firm committed to empowering family-owned businesses. With more than 45 years of experience, Ahmie specializes in guiding families to safeguard and grow their wealth through a strategic approach emphasizing clarity, understanding and action.

Passionate about helping multi-generational family businesses, Ahmie excels at navigating their unique challenges, allowing them to focus on what they do best — running their core business. One of his greatest joys is getting to know the firm’s clients personally, listening to their stories, understanding their journeys and identifying the challenges that keep them up at night.

Ahmie collaborates closely with clients to help design comprehensive plans that address their obstacles, seize opportunities and leverage their strengths. As he manages the complex and unique situations of each family, Ahmie takes on their challenges as his own, fully committed to helping them work toward achieving their goals. His mission is to guide clients through their uncertainties, enabling them to move beyond their fears and confidently pursue their dreams.

Ahmie began his career at EF Hutton in 1979, eventually rising to the position of senior vice president. In 1993, he transitioned to Paine Webber, which was later acquired by UBS, where he spent nearly 27 years. During this time, he earned an executive certificate in financial planning from Duquesne University and obtained his CFP® designation. He also holds a certificate in family business advising (CFBA) from the Family Firm Institute and for the past 20 years has been involved with Strategic Coach, an international entrepreneurial training program.

When he’s not working, Ahmie enjoys spending time with his wife, Sara, their three children and three grandchildren. He recognizes that health is wealth, so he has committed to daily yoga, meditation and plant-based eating. His other hobbies include woodturning, golf, reading, listening to music and biking. He is active in his community, has served as the foundation chair of the Jewish Federation Community Foundation of Greater Pittsburgh, and supports various philanthropic endeavors.

Brian Baum

CEO & President, Interchange Capital Partners

Brian Baum is the CEO and president of Interchange Capital Partners, where he leads the development of innovative strategies tailored to the unique needs of private and multi-generational companies. Early in his career, Brian conducted more than 1,000 interviews with CEOs, presidents and chairmen of privately held companies, uncovering a critical insight: the larger the company, the more likely the owners were to struggle with complex family, business and ownership dynamics. Even more striking was the realization that many of these business leaders were unaware of these complexities and the sophisticated level of advice needed to effectively navigate them.

Armed with this understanding, Brian has been instrumental in reshaping Interchange’s focus, aligning its services with the lifecycle of generational transitions. His approach provides owners with expert guidance through the critical phases before, during and after an ownership change, addressing both the immediate needs and the long-term vision of the business and family. Under Brian’s leadership, Interchange has become a leading resource for business owners seeking to solve intricate challenges and create lasting value.

Brian’s vision extends beyond traditional financial advice; he positions Interchange as a family business advisory firm, recognizing the interconnectedness of family and business in creating enduring success. His leadership is not only about working to optimize financial outcomes, but also about enhancing the overall well-being of the families he serves. Interchange’s work involves coordinating all aspects of a family’s financial, business and ownership strategies, akin to managing an outsourced family office, ensuring that no aspect is overlooked.

Brian’s educational background includes a bachelor of arts from Penn State University, where he majored in psychology and minored in business. He is also a certified exit planning advisor (CEPA) and a certified financial planner (CFP®).

Outside of work, Brian enjoys spending quality time with his wife, Natalie, and their two daughters, Quinn and Blair. He is an avid golfer and enjoys the occasional scotch and cigar.

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.
• 30 minutes — maximum value for time

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