A tight-knit network of family businesses, the NFL makes about $200 billion a year. On top of the traditional family business within their individual branches, the NFL navigates the same financial planning links among extended family members as well.
Join David Lenok and his guest Alvina Lo, chief wealth strategist at Wilmington Trust, as they delve into the complexities of the NFL as a family business, discussing succession planning, liquidity concerns, trust ownership and potential capital involvement private.
David and Alvina discuss:
- What are the common challenges encountered with liquidity and succession planning in family-owned businesses?
- How NFL families manage governance and control issues within their organizations
- What effects does trust ownership have on estate planning challenges within the NFL?
- What are the potential consequences of allowing private equity to be involved in the NFL?
- And more
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About our guest:
Alvina Lo leads a national team of multidisciplinary experts who collectively provide objective and holistic advice to clients with a particular focus on their wealth, family and business concerns. The scope of advice includes family office services, financial planning, trusts and estate planning, tax planning, business succession planning, philanthropy and wealth education for the next generation. Alvina and her team prioritize planning and through their actionable advice, they guide clients from strategy to implementation.