The Intersection of Planning and Culture: How to Create Plans That Work
March 31 @ 12:00 pm - 1:00 pm EDT
Guest Speakers: Matt Wesley, Managing Director, Merrill Center for Family Wealth® and Valerie Galinskaya, Managing Director, Merrill Center for Family Wealth®
Host: John A. Warnick, Esq., Founder, Purposeful Planning Institute
Description: We know two truths. First, culture will eat structure for breakfast. If a plan is not tailored to the family culture, the chances of its success decrease exponentially. Second, family culture often shifts more quickly than planning can accommodate. Using three key frameworks we have developed at the Merrill Center for Family Wealth® we will speak to how to match planning strategies to the capabilities (or potential) of the family system and the skills (or competencies) of the individuals in the family. The outcome of this approach is a greater number of plans that work, less risk to the practitioner and less stress and angst within families. You will leave the call with three practical tools for assessing the planning that you are doing (or the planning that has been put in pace) and insight on how to begin to empower families to be more effective in achieving their goals.
Introduction to Our Guest Speakers
Matthew Wesley is an internationally recognized advisor to business and legacy families and their leaders. His work builds family capacity and resilience by developing the core competencies necessary for families to wisely steward wealth across generations. Through this arc of development, families become more connected, more aligned and more effective.
Before establishing The Wesley Group, Matt was a respected estate planning attorney with over twenty-two years of experience in both Seattle and the Bay Area. For the last ten years he has worked with highly successful families doing inter-generational planning. His clients have included those who have established or maintained successful family businesses, those who generated significant wealth in public companies and those with inherited wealth. Matt lives near Seattle, Washington with his wife, Marcia. They have two grown children, Ian and Kiera. Matt holds a J.D. from Stanford Law School and a Masters of Divinity from Fuller Theological Seminary.
Valerie Galinskaya is a Managing Director and Wealth Strategist of the Center for Family Wealth at Merrill Private Wealth Management. She works with ultra-high-net-worth families to help empower them to be purposeful about the impact of their wealth on themselves, their families and their communities. Valerie guides families in communicating about wealth, building skills and developing governance to make informed decisions, applying over a decade of experience as a strategist, facilitator and management consultant.
Valerie speaks nationally on topics relating to family wealth, including Merrill Lynch’s Financial Boot Camp client education series, in partnership with Penn Wharton, UCLA Anderson, Northwestern Kellogg, and Georgetown McDonough School of Business along with the Investment and Wealth Institute’s Certified Private Wealth Advisor® (CPWA®) program. Her insights on wealth decision-making have been featured in leading publications such as The New York Times and Barron’s.
Valerie rejoined Merrill Lynch in 2014 after serving as Project Leader at the Boston Consulting Group (BCG) in New York. While at BCG, she focused on strategy and organizational issues for leading firms across multiple industries. This included developing a CEO succession and governance process for a global alternative investment manager and identifying optimal organizational design for a major auto manufacturer.
Valerie started her career in 2006 with the Private Banking and Investment Group at Merrill Lynch, where she helped conceive and launch the Financial Boot Camp Series, the firm’s premier client financial education events. She also managed the group’s competitive intelligence efforts and worked closely with the Advisory Council to Management.
Valerie earned her MBA from Harvard Business School. She holds a Bachelor of Science, magna cum laude, in marketing and finance from New York University’s Undergraduate Stern School of Business, where she was awarded the Senior Hall of Fame Honor for leadership and academic excellence. She also holds the Series 7 and 66 FINRA registrations, and is a member of the Purposeful Planning Institute and the Institute for Family Governance.
Valerie enjoys volunteering to encourage education and financial literacy, supporting the efforts of Public Education Needs Civic Involvement in Learning (PENCIL) and serving as former Associate Board Member of City Year New York.