Co-Managing Partner and Chief Investment Officer, Wealth Strategist Partners, LLC
General Session 3: Perspectives on Concentrated Wealth and Liquidity Events
In addition to being an investor, wealth advisor, educator, and author about wealth management in families, Stuart is a member of the fourth generation of the family that created the Carnation Company, which was sold to Nestle for cash in 1985. Stuart will start the session with a case study of Carnation Co. and the Stuart Family that is rich in lessons learned, good and painful. He will then expand the conversation to address the opportunities and substantial challenges of serial and one time liquidity events for business executives and entrepreneurs. His analysis is fundamentally strategic; his perspective always integrates tax, estate planning, cash flow and investing. This integration is the central theme of his most recent book The Taxable Investor’s Manifesto (Wiley 2020) as well as the Private Wealth Management program at the University of Chicago Booth School of Business, which he leads. When Stuart speaks with wealth owners he is a principal among principals.