The UHNW Institute’s February Monthly Theme:  Inclusion – Supporting Your Client

Every month, The UHNW Institute identifies a new theme to highlight, steering our content and programming. During February, we will explore the theme of Inclusion – Supporting Your Client and provide you with various resources to help you deepen your knowledge and understanding of this noteworthy topic.

Creating a welcoming environment where people are valued, heard and supported is just good practice and extends beyond new hires. It pertains to the clients who hire us, their multigenerational family members who may have as much physical diversity as it does diversity of thoughts and beliefs. Large families are complicated, and supporting them is as much an art as a science.

This February, we are pleased to introduce the following programs and events:


Until then, we hope you will enjoy the many resources supporting February’s Inclusion theme. We encourage you to explore the UHNW Institute Resource Library for related topics that include articles, podcasts and tools highlighted below.


In this component report associated with the broader 2019 KPMG/STEP Project global research study, the authors focus on the changing role of women in family business leadership, succession and management. The report highlights many of the biases and attitudes that have influenced the role of women in family enterprises and how these may be changing. The study also examines demographic shifts that will increasingly impact the role of women in global family enterprises.

Nontraditional relationships are becoming increasingly common, with important implications at the UHNW level for marital assets, trusts and estate planning. This article summarizes several key issues and recommendations when a cohabitation relationship may coexist with an ongoing (but separated) marital relationship.

This article addresses how family offices, often designed with Baby Boomers in mind, can meet the needs of Millennials, a generation that makes up most of today’s adult population. Affluent Millennials stand to inherit significant wealth in the coming years. The authors explore how many Millennial traits deviate from the Boomers’ and assert that the family office that fails to adapt to this new wave of wealthy clients will struggle.

This article expands on the sociological research introduced in the authors’ 2015 book, Cross Cultures, focusing on the advisory skills needed to understand the cultural perspectives of the world’s major cultural prototypes and how these impact UHNW families.


In this week’s episode, Tom McCullough talks with Kofi Hope and Zahra Ebrahim about the Identity Wheel, a tool that helps individuals explore different dimensions of their identity and understand the power dynamics connected to them. Through personal reflection and group discussions, we examine how our self-perception aligns with how the world perceives us and explore the impact of identity on our lives, relationships, and decision-making.

In this informative podcast Ellie Diop, owner of Ellie Talks Money, describes her journey to becoming the first millionaire in her family. Diop shares best practices and simple tips on how to become an entrepreneur, with a focus on supporting Black female-owned businesses.  Through her personal experience, Diop shares the importance of finding the right wealth advisory team, how to retain wealth for G3 and beyond, and how to address the racial wealth gap through educating youth.

This excellent podcast outlines the many actions and issues involved in estate planning and end-of-life decisions that arise with transgender clients and their families. A bibliography at the end of the show notes provides further resources to pursue and consider.





If you have any questions about this month’s theme or are interested in joining The UHNW Institute, please do not hesitate to contact us.