Episode Details

R. Adam Smith welcomes Richard Wolkowitz, founder of Xylogenesis, a family advisory company. Drawing from decades of experience serving hundreds of families, Richard shares insights on filling the integration gap between family wealth office operations and family dynamics. He explores post-COVID shifts in next-generation engagement, emphasizing governance as the "heartbeat" of successful family enterprise systems. Richard addresses differences between US and European family office services, examines multi-family office advantages, and discusses how compensation structures can align family and executive interests. The conversation concludes with perspectives on legacy planning and emerging collaboration trends.