Talent Acquisition for Family Office Management with Bill Stranberg

02/13/25 • 30 min

R. Adam Smith welcomes Bill Stranberg, second-generation leader and managing partner at Stranberg, a firm specializing in executive search and talent strategy for family-owned businesses. Drawing from his own experience joining his parents' firm in 2013, Stranberg shares insights on the delicate balance between honoring family legacy while pursuing evolution and growth. The conversation explores the unique family enterprise challenges in hiring external leadership, including the critical importance of alignment across family members and the difficulties in transferring power from long-tenured executives. Stranberg emphasizes that successful family financial planning requires addressing both organizational culture and family dynamics when navigating leadership transitions in increasingly complex multi-generational businesses.

Previous Episode

Bridging Crypto and Philanthropy in Family Business with Robbie Heeger

R. Adam Smith welcomes Robbie Heeger, founder and CEO of Endaoment, the first blockchain-powered community foundation revolutionizing philanthropy for digital asset holders. Heeger shares how his journey began with a simple quest for tax efficiency when donating cryptocurrency, revealing the gap in the market for donor-advised funds (DAFs) that could accept digital assets. The conversation explores how DAFs serve as accessible entry points for next-generation family members looking to establish their philanthropic identity within the family wealth office structure. Heeger also discusses Endaoment's dual structure as both a technology company and nonprofit, outlining his vision for democratizing philanthropy through blockchain's transparency and community governance capabilities.

Next Episode

Navigating Trustee Liability in Family Estate Planning with Judith Pearson

In this fortieth episode of The Family Business Audiocast, R. Adam Smith welcomes Judith Pearson, founder of Precision Brokers and Nomadx. As a recognized leader in fiduciary risk management, Judith shares insights on evolving trust structures and insurance innovations that protect family wealth. The conversation explores private trust companies across different states, the shift in next-generation priorities, and how family financial planning intersects with risk management. Judith draws on her extensive background in D&O liability insurance to explain how trustees and family office services can navigate complex regulatory environments while ensuring proper protection during the upcoming $70 trillion wealth transfer.

Family Business Audiocast - Talent Acquisition for Family Office Management with Bill Stranberg

Transcript

R. Adam Smith: Welcome to the Family Business Audiocast on LinkedIn. I am R. Adam Smith, creator of this Audiocast series. As an entrepreneur, investor, founder, investment banker, and board leader the last 25 years, I'm fortunate for my many experiences within the family firm industry. A warm thank you to our live audience on LinkedIn today—and for those listening in the future. A brief comment on why I created this broadcast. Private companies are a passion of mine having