The Lessons in Legacy Podcast: How is the Wealth Management Industry reacting to increased interest in philanthropy and sustainable investments?

The Lessons in Legacy Podcast is a series that delves in to the evolution in the approaches, attitudes and adjustments successful individuals and families are taking to plan for wealth transfer. In the series we open dialogue with a number of leading academics, professional advisers and business leaders to hear their thoughts on legacy and consider how individuals and families can approach wealth transfer with greater purpose.

The series provides a platform for dialogue with a number of leading academics, professional advisers and business leaders about the evolution in the approaches, attitudes and adjustments successful individuals and families are taking to plan for wealth transfer. Across the series, we break down some of the themes that are now front of mind for those responsible for family wealth and take into account the priorities of the succeeding generation and look at how, in turn, we as advisers can support and steward a legacy’s sustainability and reflect a families’ longer term purpose, values and sense of cohesion.

In the ninth episode, Partner, Clare Stirzaker is joined by Lyn Tomlinson, Eleanor Sepanski and James Woods Davison. Lyn is the Head of Impact at Cazenove Capital where she focuses on helping clients maximise impact across all of their assets, whether that be through their grant making or their investment portfolio. Eleanor and James lawyers at Boodle Hatfield. Eleanor is a Partner specialising in charity law, dealing in particular with governance issues, philanthropy and CSR planning for companies. And James’ practice focuses on the legal and commercial challenges faced by high net worth individuals, trusts and corporate structures.

What was clear from our research is that ESG is becoming increasingly embedded within wealth transfer strategies and in turn reshaping what clients need from their advisors. Together Clare, Lyn, Eleanor and James look at this in more detail and consider how the Wealth Management Industry is reacting to increased interest in philanthropy and sustainable investments.

This podcast is intended to provide a first point of reference for current developments in aspects of the law. It should not be relied upon as a substitute for professional advice. If you would like to discuss any of the points raised during the podcast, please do not hesitate to contact our speakers using the details listed below.

Speakers:

• Clare Stirzaker, Private Client Partner at Boodle Hatfield
  t: +44 (0) 20 7079 8170
  e: CStirzaker@boodlehatfield.com
• Lyn Tomlinson, Head of Impact & Philanthropy at Cazenove Capital
  t: +44 (0)20 7658 1385
  e: lyn.tomlinson@cazenovecapital.com
• Eleanor Sepanski, Private Client Partner at Boodle Hatfield
  t: +44 (0) 20 7079 8540
  e: esepanski@boodlehatfield.com
• James Woods-Davison, Senior Associate at Boodle Hatfield
  t: +44 (0) 20 7079 8207
  e: JWoods-Davison@boodlehatfield.com

Resources

As referenced in the episode, please see below links to the resources and courses.

• University of Zurich – Programmes for wealth holders – https://www.csp.uzh.ch/en/executive-education-training/wealth-owners.html
• Family Offices: A roadmap to impact – https://www.schroders.com/en/global/family-offices/family-offices-a-roadmap-to-impact/
• The Zulu Principle by Jim Slater  – https://www.amazon.co.uk/Zulu-Principle-Extraordinary-Ordinary-Harriman/dp/1905641915