About this episode
In this Australian Investors Podcast episode, your host Owen Rask chats with Scott Carmichael of Escala Partners about:
– How wealthy families build and preserve wealth
– The challenges of transferring wealth across generations
– Investment strategies for newly exited business owners
– Traits of successful families and the importance of governance
If you love learning about wealth management, succession planning, and investing for the long term, subscribe to the Australian Investors Podcast on Apple, Spotify, or YouTube!
Follow us on Instagram and TikTok for more investing insights.
Topics Covered
– The T1, T2, T3 framework for family wealth
– Scott’s career journey from investment banking to Escala Partners
– How ultra-wealthy families create wealth (and the traits they share)
– What “day one” looks like after selling a business
– The role of investment policy statements (IPS) in long-term wealth planning
– Why communication and governance are critical to prevent wealth loss
– Lessons families can pass on that aren’t financial
– Scott’s advice to his younger self about money and life
Resources for this episode
- Ask a question (select the Investors podcast)
Show partner resources
Ask a question (select the Investors podcast)
Visit TermPlus to learn more
Rask Resources
- All services
- Financial Planning
- Invest with us
- Access Show Notes
- Ask a question
- We love feedback!
Follow us on social media
– Instagram: [@rask.invest]
– TikTok: [@rask.invest]
DISCLAIMER
This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you
