Managing Wealth for Success: Planning with Purpose

Secrets of Enterprising Families

In this episode, explore what it means to manage wealth effectively across generations. Whether you’re creating a new estate plan or rethinking an existing structure, wealth management is about more than tax strategy—it’s about aligning your financial assets with your personal values, goals and relationships.

Our guests bring a unique blend of professional expertise and lived experience to the conversation. Jack Terrill is an estate attorney who has spent decades helping families navigate complex legal structures and succession planning. Kate Gardner, a next-gen inheritor and leader of Magnify, shares how she’s approached her own wealth journey with purpose, stewardship and a commitment to personal growth. Together, they offer a 360-degree view of managing wealth in a way that empowers families today—and strengthens their legacy for tomorrow.

In This Episode, You Will Learn:

• [07:50] Goal setting and aligning wealth with your values
• [12:32] Understanding estate planning essentials
• [18:17] Choosing the Right Trustees
• [22:35] Structuring Gifts for Responsibility
• [28:04] Family office structure options

Want to continue the conversation?

• More on Northern Trust’s Secrets of Enterprising Families
• More on Jack Terrill
• More on Kate Gardner
• Reach out to your Northern Trust advisor

Remember to subscribe to Secrets of Enterprising Families to stay connected as we dive deeper into the strategies that empower families to manage wealth across generations. Don’t miss our next episode, where we’ll turn our attention to wealth planning for executives—including how to evaluate new or expanding roles, navigate transitions, and manage the ongoing financial decisions that come with executive leadership.