‘In Conversation With’ Dallington Associates: The ‘Rising Generation’ of Affluent Families (Part 2)

Written by George King

Within our latest podcast, which takes the form of a two-part series with Jessica McGawley, a psychological consultant, mediator and founder of Dallington Associates, we delve into the topic of the ‘Rising Generation’.

To provide some background, Dallington Associates have been around for eight years and offer individual mentoring programmes and group workshops for siblings and wider families, specifically focused to teenagers and young adults from affluent and successful families.

At MASECO, the topic of ‘children’ (spanning a vast age range depending on the family) and money is probably one of our most frequently raised topics when advising wealthy families. Questions are often posted such as ‘how do I support them but not spoil them?’, ‘what do I say and do to keep them motivated?’ and ‘how and when do I engage them in conversations around money?’, as well as many others. Within part one of this podcast, MASECO Senior Wealth Manager and our podcast host, George King, posed some powerful questions to Jessica, off the back of these conversations with clients.

When listening/watching this podcast, you can expect valuable insights from Jessica on a wide range of topics. These include the challenges faced by ‘Third Culture Kids’ and the unexpected difficulties encountered by those who inherit wealth. Jessica and George delve into wealth preservation strategies, emphasising the necessity of cash-flow modelling. Additionally, they explore the pivotal role philanthropy plays in creating positive social impact. The podcast also discusses the delicate balance between setting boundaries, allowing children to fail, and fostering big ideas to instil confidence and nurture a thoughtful new generation.

CLICK HERE TO WATCH ON YOUTUBE
CLICK HERE TO LISTEN ON APPLE PODCASTS
CLICK HERE TO LISTEN ON SPOTIFY PODCASTS