Roots, Branches, and Wings: Risks and Rewards of Generational Wealth

Thursday, November 14, 2024 | 11:45 a.m. – 5:00 p.m. I Reception to Follow 

This annual CLE Event presented by the Wealth Planning, Administration, and Fiduciary Disputes Group is designed for legal professionals, fiduciaries, wealth advisors, and anyone who guides families through the complexities of wealth transfer and preservation.

PROGRAM DETAILS

Registration and Networking Lunch 
11:45 a.m. – 12:30 p.m. CT

Opening Remarks
12:30 p.m. – 12:40 p.m. CT

Keynote I Hot Topics, Fresh Perspectives: The Family Office Outlook
12:40 p.m. – 1:40 p.m. CT

Join Alan Harter, founder and CEO of Pactolus, a private wealth management company. Alan will offer his expertise on fostering healthy financial legacies that can weather both market fluctuations and the unpredictable nature of family dynamics. His approach balances the technical and emotional challenges of wealth management, making his keynote a must-attend for anyone helping clients navigate these intricate waters.

Speaker:               

Alan Harter
CEO & Founder
Pactolus Private Wealth Management 

ABOUT  ALAN HARTER Alan Harter is the founder and CEO of Pactolus, a platform dedicated to knowledge-sharing and bespoke solutions tailored for discerning entrepreneurs and their high-net-worth families. Founded in 2011, Pactolus is dedicated to empowering families to effectively manage their wealth and shape enduring legacies. Alan is committed to philanthropy and supporting causes such as child welfare, education, literacy, job training, food security, and environmental preservation.

Elimination of Bias CLE I A Reckoning with History: The Mapping Prejudice Project
1:45 p.m. – 2:45 p.m. CT

The Mapping Prejudice project began in 2016 as an experiment to identify and map racial covenants. These clauses were embedded into property deeds to bar people who were not white from buying or occupying the parcels of land to which they were attached.

Rooted in public history, Mapping Prejudice is a co-creative and community-powered project. Over nine thousand people have contributed to building these maps. The project has completed the Hennepin and Ramsey counties. In addition to completing Washington, Olmsted and Dakota counties in Minnesota, it has now turned its attention to Milwaukee, Wisconsin, Ann Arbor, Michigan, and Washington D.C.

Gillette will illuminate how racial covenants laid a foundation for how housing policies and practices have been used to construct racial inequalities over the last century. She will share her family's story to illuminate how covenants worked and their impact on subsequent generations.

Speaker:               

Rebecca Gillette
Community Engagement Lead / Associate Director
Mapping Prejudice

ABOUT REBECCA GILLETTE Rebecca Gillette is the Community Engagement Lead-Associate Director of Mapping Prejudice. She is a third-generation Minnesotan, a Boston University graduate, and holds an M.A. from the University of Minnesota. Prior to joining Mapping Prejudice, Rebecca was the Manager of Community Engagement at the Minnesota Historical Society. She focused on supporting community initiatives defined and designed by Black leaders and community organizations.

Panel Discussion I “What is enough?" Exploring Diverse Views on Wealth
2:50 p.m. – 3:50 p.m. CT 

This panel will discuss the concept of wealth, including how people define "enough" and the non-monetary forms of wealth that people value or may overlook. We will also explore what causes conflicts, such as differing generational definitions of "wealth" and "enough," and how to navigate these issues. The session will address the critical legal, financial, and ethical considerations of managing and passing wealth across generations. We will also discuss the impact of historically excluded groups.

Speakers:               

Tim Billion
Partner
Robins Kaplan LLP

Andre Dukes
Vice President of Family and Community Impact
Northside Achievement Zone

PJ Hill
Associate Advisor
NorthRock Partners

Ann Wilczynski
Senior Trust Advisor and Senior Fiduciary Officer
Northern Trust

Interactive Session I Ripped from the Headlines: Current Issues in Wealth Planning, Administration, and Fiduciary Disputes
4:00 p.m. – 5:00 p.m. CT

Join us for a semi-competitive, interactive hour where you will work in teams to try to distinguish truth from fiction and speculate about “what happens next” in cases and situations related to fiduciaries.

Speakers:               

Denise Rahne
Partner and Co-Chair, Wealth Planning, Administration and Fiduciary Disputes Group
Robins Kaplan LLP

Tom Berndt
Partner
Robins Kaplan LLP

Networking Reception
5:00 p.m. – 6:00 p.m. CT

CLE Accreditation

Robins Kaplan will seek approval with Mandatory Continuing Legal Education board in Minnesota
for a maximum of 3.0 hours of Standard credit and 1.0 hour of Elimination of Bias credit.