Power often goes unnamed in family conversations, but its influence is unmistakable.
In this episode of The Heart and Science of Wealth, host Steffi Baker is joined by Betsy Erickson (Head of Family and Individual Services at Arabella Advisors and Chair of the UHNWI Social Impact & Philanthropy Domain) and David Werdiger (Principal Consultant at Nathanson Pearson and UHNWI faculty member) to examine how power functions in family enterprises and family offices.
Together, they reflect on how power is expressed, withheld, shared, or transferred, and how it shapes relationships, decisions, and identity over time.
For advisors supporting families through leadership transitions, governance design, or shared philanthropy, this is a valuable conversation that addresses the human side of wealth.