Speaker 1
We are so excited to be back here at Emerging Family Leaders in Los Angeles. It is such an exciting opportunity for our clients and our next generation to get together, to think about partnerships, sharing best ideas and really collaborating with their peers. I hear time and time again from my clients that there isn't a great network or group for their next generation to come together with families that are just like that.
Speaker 1
Emerging Family Leaders provides that space and really curated content for the next generation of our clients to be able to gather together.
Speaker 2
My favorite part about emerging family leaders is honestly just meeting other people in similar situations in the high networth families. We often feel like we don't have a lot of people that can relate to the intricacies of our situation and really empathize with that, so you almost hesitate to talk about it.
Speaker 3
This is a space where peers can be peers and really talk through challenges and exciting parts of being the leaders for their family legacy. That exposure to both thought leadership as interests and passions and pursuits, I think, is what makes it all fantastic.
Speaker 4
It's a privilege to be a part of emerging family leaders. I'm a huge fan of JP Morgan. The biggest wealth transfer in human history is about to happen when my generation is going to pass on well to the next generation. So this generation is really going to influence the future of the planet.
Speaker 5
I'm a big believer in being a learner over time. And so I think the opportunity just to hear everyone's perspectives to network and see if there are business opportunities and or just to make friends with people, are probably generally on a similar path than you are. It's a good opportunity. Do we do.
Speaker 6
These panels often? And the answer is no. And so having an event like this where you can be very open about your dynamic and relationship growing up and the inspiration that you had and recognize that like, yes, this is my dad is not a form that we often get.
Speaker 7
My advice for the next generation is to continue to be a thinker and a dreamer. A lot of individuals specifically where you know, where I come from in my age range, are discouraged to even approach opportunities because the mindset that it's not achievable or attainable. But if you dream and just have just that, a little bit of tenacity to be able to close your eyes, vision where you want to go, and then put your foot forward to take those next steps to achieve that.
Speaker 7
You're already doing more than 90% of everybody else.
Speaker 8
Just be relentless, passionate. Surround yourself with the smartest people possible that also have integrity and do things in the right way. Be open minded and be able to iterate. And I would say learn as much as possible. Go outside your comfort zone. Try to lean into the thing that comes easy for you. That's hard for most people.
Speaker 9
You got to take risks. And if you're comfortable, or even if you're semi-conscious a wall with the path that you're on, then it's probably not big enough of a challenge.
Speaker 10
My advice for the next generation is while we all come from families and and grew up a particular way and we might not always fit in with what we were intended to do, and I think it's really important for this younger generation to experience and learn what might work for them. They may not fit that mold. And so I'm here to to really have discussions about that, because I didn't.
Speaker 11
Stay curious and have a North Star. And I think that goes for your own collecting. Have a thesis, have something that you're interested in and go deep and learn.
Speaker 4
There's never been more ability to positively impact humanity than what we see today. Stay foolish. Go to areas you know nothing about. Learn. Learn some more and make the world a better place.
Speaker 12
I think JP Morgan does an amazing job of creating an atmosphere where we can get people together to connect in this world of AI and automation. The one thing that we can automate is personal connection. I really enjoy just kind of watching that magic happen. As you know, people get to network and form those new relationships.
Speaker 13
We learn nothing else from the pandemic is that we all need community. And so finding community with like minded people who are going through similar challenges, similar opportunities, similar stages of life, navigating similar family dynamics, that's such a special and unique thing. That community building, I think is the most important piece of the puzzle.
(DESCRIPTION)
Palm trees line a beach where people bicycle and walk on a path. Next, mountains rise in the background of a cityscape, and then the outdoor entrance to the hotel Proper is featured with two primitive stone chairs and a large potted palm. The first speaker faces us against a gray background.
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We
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Text: Kelli Sarna, Executive Director, J.P. Morgan Private Bank.
(SPEECH)
are so excited to be back here at Emerging Family Leaders in Los Angeles. It is such an exciting opportunity for our clients and their next generation to get together, to think about partnerships, sharing best ideas, and really collaborating with their peers.
(DESCRIPTION)
People sit in chairs in a circle and talk.
(SPEECH)
I hear time and time again from my clients that there isn't a great network or group for their next generation to come together with families that are just like them. Emerging Family Leaders provides that space and really curated content for the next generation of our clients to be able to gather together.
My
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The next speaker faces us against a gray background.
(SPEECH)
favorite
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Text: Sam Ballmer, Climate Lead, Ballmer Group.
(SPEECH)
part about Emerging Family Leaders is honestly just meeting other people in similar situations. In high-net-worth families, we often feel like we don't have a lot of people that can relate to the intricacies of our situation and really empathize with it, so you almost hesitate to talk about it.
(DESCRIPTION)
The next speaker faces us against a gray background.
(SPEECH)
This
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Text: Henry Woodward, Banker, J.P. Morgan Private Bank.
(SPEECH)
is a space where peers can meet peers and really talk through challenges and exciting parts of being the leaders for their family legacy.
(DESCRIPTION)
Henry talks to a group of people.
(SPEECH)
That exposure to both thought leadership and interests and passions and pursuits, I think, is what makes EFL fantastic.
(DESCRIPTION)
The next speaker faces us against a gray background.
Text: Vivek Randive, Owner and Chairman, Sacramento Kings.
(SPEECH)
It's a privilege to be a part of Emerging Family Leaders. I'm a huge fan of JP Morgan.
(DESCRIPTION)
Vivek talks to a group of people.
(SPEECH)
The biggest wealth transfer in human history is about to happen, where my generation is going to pass on wealth to the next generation. So this generation is really going to influence the future of the planet.
(DESCRIPTION)
Two men face us against a gray background. The man on the left is Jay Hoag, Founding General Partner, Technology Crossover Ventures. Jay speaks first.
(SPEECH)
I'm a big believer in being a learner over time.
(DESCRIPTION)
Jay talks to a group of people.
(SPEECH)
And so I think the opportunity just to hear everyone's perspectives, to network, to see if there are business opportunities and/or just to make friends with people who are probably generally on a similar path than you are, is a good opportunity.
(DESCRIPTION)
The man standing next to Jay nods his head as Jay speaks. The man is Tim Hoag, General Partner, Artisanal Ventures. Next, Tim faces us against a gray background.
(SPEECH)
Do we do these panels often? And the answer is no.
(DESCRIPTION)
Tim reappears beside Jay.
(SPEECH)
And so having an event like this, where you can be very open about your dynamic and relationship growing up and the inspiration that you had and recognize that, yes, this is my dad, is not a forum that we often get.
(DESCRIPTION)
Jay and Tim sit with a group of people.
The next speaker faces us against a gray background.
(SPEECH)
My
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Text: Derek "MixedByAli" Ali, Multi-Grammy Award Winning Audio Engineer; Founder and CEO, Engineears.
(SPEECH)
advice for the next generation is to continue to be a thinker and a dreamer.
(DESCRIPTION)
Ali speaks to an audience.
(SPEECH)
A lot of individuals, specifically, where I come from and my age range, are discouraged to even approach opportunities because the mindset that it's not achievable or attainable. Well,
(DESCRIPTION)
Ali talks to people as he sits in a group.
(SPEECH)
if you dream and just have just that little bit of tenacity to be able to close your eyes, vision where you want to go, and then put your foot forward to take those next steps to achieve that, you're already doing more than 90% of everybody else.
(DESCRIPTION)
The next speaker faces us against a gray background.
(SPEECH)
Just
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Text: Aneel Randive, Founder, Soma Capital.
(SPEECH)
be relentless, passionate, surround yourself with the just smartest people possible that also have integrity and do things in the right way.
(DESCRIPTION)
Aneel talks to people as he sits in a group.
(SPEECH)
Be open-minded and be able to iterate. And I would say learn as much as possible, go outside your comfort zone, try to lean into the thing that comes easy for you that's hard for most people.
(DESCRIPTION)
The next speaker faces us against a gray background.
(SPEECH)
You
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Text: Galina Antova, Co-Founder and Board Member, Claroty.
(SPEECH)
got to take risks, and if you're comfortable, or even if you're semi comfortable, with the path that you're on, then it's probably not big enough of a challenge.
(DESCRIPTION)
The next speaker faces us against a gray background.
(SPEECH)
My
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Galina talks to people as she sits in a group.
Text: Tracy Tutor, Founder, Tracy Tutor Team.
(SPEECH)
advice for the next generation is, while we all come from families and grew up a particular way, and we might not always fit in with what we were intended to do, and I
(DESCRIPTION)
Tracy talks to people as she sits in a group.
(SPEECH)
think it's really important for this younger generation to experience and learn what might work for them. They may not fit that mold. And so I'm here to really have discussions about that, because I didn't.
(DESCRIPTION)
The next speaker faces us against a gray background.
Text: Sarah Wendell Sherril, Senior Vice President and Head of Business Development, Christie's.
(SPEECH)
Stay curious and have a North Star. And I think that goes for your own collecting. Have a thesis, have something that you're interested in, and go deep and learn.
There's never been more ability to positively impact humanity than what we see today. Stay foolish, go to areas you know nothing about, learn, learn some more, and make the world a better place.
(DESCRIPTION)
Text: Ryan McMahon, Executive Director, J.P. Morgan Private Bank.
A new speaker faces us against a gray background.
(SPEECH)
I think JP Morgan does an amazing job of creating an atmosphere where we can get people together to connect. In
(DESCRIPTION)
Groups of people stand on an outdoor patio and talk.
(SPEECH)
this world of AI and automation, the one thing that we can't automate is personal connection. I really enjoy just kind of watching that magic happen as people get to network and form those new relationships.
(DESCRIPTION)
A new speaker faces us against a gray background.
(SPEECH)
If
(DESCRIPTION)
Text: Preeti Bhattacharji, Executive Director, J.P. Morgan Private Bank.
(SPEECH)
we learned nothing else from the pandemic, it's that we all need community. And
(DESCRIPTION)
A group of people sit in a circle and talk.
(SPEECH)
so finding community with like-minded people who are going through similar challenges, similar opportunities, similar stages of life, navigating similar family dynamics, that's such a special and unique thing. That community building, I think is the most important piece of EFL.
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