Daughters in Charge: What to Look for in an Advisor

Daughters in Charge: What to Look for in an Advisor

 

Theme: The Importance of Trusting Your Advisor

Summary: Selecting an advisor who protects your interests is crucial for women in family businesses. Holly Isdale discusses how women in family businesses can learn to protect their information—and themselves.

Featured Guest: Holly Isdale: Founder and Strategist for Wealthaven, a consulting firm that serves very wealthy families and family businesses and helps them implement their goals.

Website: www.wealthaven.com

Key Quotes:

  • “In family businesses, really good estate plans can fall short or get outdated very quickly. They’re designed with one goal in mind: preserve the family business. This creates this awful dilemma—not thinking about the implications for the beneficiaries.”
  • “For younger women, it’s about knowing yourself, how you make decisions, and how you maximize your voice in the process.”
  • “I’m a big believer that you should understand the landscape (of advisors)—meeting with other advisors, lawyers… not your father’s. It’s important for daughters to understand where the conflicts lie and where the allegiances lie.”

 

Listen to the Podcast

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish