Mark Tepsich

Richard Wolkowitz, founder advising families on generational continuity; Susan Schoenfeld, former trust lawyer and CPA focused on legacy and stewardship; Bill McLean, adviser on ownership transitions; Jennifer Strom, consultant on family dynamics and decision-making; Mark Tepsich, UBS advisor on building family offices. They discuss why governance matters, how the process beats the paper, engaging multiple generations, handling hard conversations, and keeping governance practical and reviewable.

Mark Tepsich, Executive Director at UBS Private Wealth Management, shares his expertise on closely held family office groups. He discusses the growing trend of firms creating in-house family office teams to provide tailored wealth management solutions. Mark delves into the rationale behind these structures, emphasizing their role in effective governance and decision-making. He also reflects on his journey from general counsel in a family office to a design specialist, highlighting the importance of collaboration and trust among advisors in the wealth management landscape.

Mark Tepsich, a Family Office Design and Governance Strategist, joins former COO Seth Gardner, an experienced advisor to affluent families. They discuss the critical role of the Expert Generalist in family offices, highlighting how this role weaves together complex family dynamics and investments. Topics include the need for emotional intelligence, flexibility, and the ability to communicate across various family and specialist perspectives. They also touch on the unique educational backgrounds that enhance problem-solving in wealth management.