# Why inheriting a fortune can tear a family apart - and how to stop it

Page: https://stenobird.com/podcast/basis-points-7236245/why-inheriting-a-fortune-can-tear-a-family-apart-and-how-to-stop-it
Text version: https://stenobird.com/podcast/basis-points-7236245/why-inheriting-a-fortune-can-tear-a-family-apart-and-how-to-stop-it.md
Podcast: [Basis Points](https://stenobird.com/podcast/basis-points-7236245)
Published: 2026-03-24T18:01:00+00:00
Episode link: https://shows.acast.com/basis-points/episodes/bp-march-paul-burgon
Audio file: https://sphinx.acast.com/p/open/s/67bbf55519249d0c1a4bb224/e/69c1e02a1861d127d5e1e85e/media.mp3
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JSON: https://stenobird.com/v1/public/podcasts/basis-points-7236245/episodes/why-inheriting-a-fortune-can-tear-a-family-apart-and-how-to-stop-it
Duration seconds: 1641

## Resource

In this episode, we're joined by Paul Burgon, the Managing Partner and CIO of Lipman Burgon & Partners, who ranked #4 in the 2025 Barron's Top Adviser List. Burgon argues the biggest concern facing his clients is the “third-generation curse” - and he may just have the cure advisers are looking for. In this episode: 00:00 Introduction 01:05 Paul’s Career Journey 03:38 Growing to $3B AUM 06:40 Trust and Succession Model 08:23 Deep Client Relationships 09:38 Scaling Without Sacrificing Quality 12:23 Engaging Next Generation Clients 15:09 Real Client Challenges Today 17:20 Sudden Wealth Case Study 18:41 AI’s Impact on Advice 23:18 Oil Prices and Markets 📈  Stocks and ETFs Mentioned: Goldman Sachs Group, Inc. (NYSE: GS) National Australia Bank Limited (ASX: NAB) Investec Group (JSE: INP) ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). 0.50 Total Hours Knowledge Requirements: Practice Management ( 0.50 hour ) | Legislated CPD Area: Client Care & Practice (0.50 hour) Complete the quiz here to claim your points. ——— Want more Basis Points? Sign up to the  Basis Points email Join the conversation  on LinkedIn Watch all episodes in full and relive some of our favourite clips  on YouTube ———- Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian…

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## Transcript

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