Secrets of Enterprising Families

In this episode, we delve into the essential steps families can take to prepare the next generation to inherit and manage wealth responsibly. From initiating conversations about money to fostering financial literacy and aligning values, we explore strategies to equip future generations with the tools and mindset needed to steward family resources effectively.

Our guests, Joan DiFuria and Emily Bouchard, are leaders in wealth psychology and family dynamics. Joan is the Co-Founder of the Money, Meaning & Choices Institute, specializing in helping families navigate the emotional and relational aspects of wealth. Emily, Executive Director at Blended Families Flourishing, brings decades of experience in coaching families through the complexities of wealth transitions and legacy planning. Together, they provide actionable insights for families at every stage of wealth preparation.

In this episode, you will learn:
  • (03:57) Engaging Young Children
  • (09:07) Guiding Teenagers
  • (14:02) Empowering Young Adults 
  • (21:17) Supporting the Rising Generation
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Remember to subscribe to Secrets of Enterprising Families to stay connected as we dive deeper into the strategies that empower families to manage wealth across generations. Don’t miss our next episode, where we’ll explore wealth planning for business owners.

What is Secrets of Enterprising Families?

Why are some families successful at building and sustaining their wealth, generation after generation?

Welcome to Secrets of Enterprising Families, a podcast from The Northern Trust Institute devoted to unlocking the specific strategies that multi-generational families use to transfer their values, wealth and legacy from one generation to the next.

In each episode, hosts Nikè Anani and Eric Czepyha will interview a nationally recognized expert on a different wealth planning topic, from marriage to the arrival of children to specific advice for business owners and corporate executives.

Northern Trust is a leading global financial institution that has helped families navigate the complexities of wealth for more than 130 years.

Nikè Anani is the Director of Next Gen Advisory at Northern Trust, specializing in preparing future generations for wealth ownership. Eric Czepyha is the Director of Business Services at Northern Trust and works with multi-generational business owning families on business transitions and succession planning.

Brought to you by the same team behind The Road to Why podcast, Secrets of Enterprising Families will empower you with strategies to tackle financial challenges in a way that engages each member of your family. Subscribe today.