It’s complicated. Our relationship with money is often built on conflicting emotions, and it can get even messier when you toss in family and sizable wealth.

In this episode, Tim Volk introduces Jill Shipley, Managing Director and Head of Governance and Education at AlTi Tiedemann Global, to discuss the topic of the relationship with money, specifically scarcity and abundance. They explore the complexity of money and the portrayal of wealthy families in the media and the negative bias that often comes with it. Jill emphasizes the importance of understanding and compassion in conversations about money, as well as the need to prioritize what truly matters in life.

Jill discusses: 

• Her passion for helping families manage their relationships with money and each other when it comes to multigenerational wealth
  
• Examples of wealthy families making positive contributions to society
  
• Why it’s important to understand and question inherited money messages
  
• The negative bias the media portrays of wealthy families and how it impacts our relationships with money
  
• The role of rituals and traditions in shaping our relationship with money
  
• Valuing time and relationships over material wealth
  
• The joy and fulfillment of philanthropy and how giving back to the community has a positive impact on both the giver and the receiver
  
• And more
  

Resources:

• James E Hughes
  
• Rotary International
  

Connect with Tim Volk: 

• T. Volk & Company
  
• LinkedIn: T. Volk & Company
  
• LinkedIn: Tim Volk
  
• tim.volk@tvolkco.com
  
• Phone: 312-636-5855
  

Connect with Jill Shipley: 

• AlTi Tiedemann Global
  
• LinkedIn: Jill Shipley
  
• jshipley@tiedemannadvisors.com
  

About our Guest: 

As Managing Director and Head of AlTi’s Family Governance and Education Practice, Jill Shipley helps families, family offices, foundations and family enterprises manage the impact of multigenerational wealth. She brings over 20 years’ experience and expertise in family systems, preparing rising generations, communicating about wealth, navigating family enterprise transitions, family and business governance and strategic philanthropy.  She lives in Denver, Colorado with her husband and son.

The information covered and posted represents the views and opinions of the guest and does not necessarily represent the views or opinions of AlTi Tiedemann Global. All opinions and estimates constitute the speaker’s judgment as of the date of this recording, are subject to change without notice, and are provided in good faith but without legal responsibility. The Content has been made available for informational and educational purposes only. The Content is not intended to be a substitute for professional investing advice. Always seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your investment planning.