We know that families of wealth have a huge ripple effect on the economy - in terms of jobs, entrepreneurship and community impact. But did you know we’re also in the midst of what they call the Great Wealth Transfer?

It’s estimated that three and a half trillion dollars of wealth will pass between generations in Australia over the next two decades, and it's already begun. 

But there’s a huge point of tension emerging - will these families take the necessary steps to ensure their wealth thrives when they throw the keys to the kids and the grandkids?

In this second episode of Purpose of Wealth, sit down with host Narelle Hooper as she chats with world leading advisor on family governance and wealth preservation, James (Jay) E. Hughes Jr., and Elizabeth (Lizzy) Goldfinch, Director in the Family Office Team at Mutual Trust, as they delve into how great transformations can take place when families reframe how they think about wealth, and what they really want to do with it.

Want to know more about the ground breaking research Why the Modern Family Office Matters? Head to mutualtrust.com.au or email us at purposeofwealth@mutualtrust.com.au 

Purpose of Wealth is hosted by Narelle Hooper
Producer and editor is Samuel Phelps
Executive producer is Lauren McWhirter