{"podcast":{"title":"The UHNW Institute Podcast","slug":"the-uhnw-institute-podcast-6883548","podcast_index_feed_id":6883548,"rss_url":"https://feeds.captivate.fm/the-uhnw-institute-pod/","website_url":"https://www.uhnwinstitute.org/","image_url":"https://artwork.captivate.fm/bab8bd7e-6928-4462-9e91-4800b3db986d/5Eb2uym2uccENiBv8pRVCOct.jpg","author":"The UHNW Institute","episode_count":29,"summary":"THE UHNW Institute Podcast, a bi-monthly series, explores the wealth management industry that serves the UHNW, providing voice to the firms and families they serve as they seek to build, grow and nurture the wealth from one generation to the next. Looking beyond money, the podcast aligns with the Institute’s mission to incorporate the Ten Domains of Family Wealth, with topics related to the financial, investment, governance, estate planning, philanthropy, risk management, leadership, learning and development, health and wellness and family dynamics of the UHNW.","last_synced_at":"2026-07-06T12:18:26.524376+00:00","page_url":"https://stenobird.com/podcast/the-uhnw-institute-podcast-6883548"},"episode":{"title":"Power Maps","slug":"power-maps","published_at":"2025-09-19T08:00:00+00:00","page_url":"https://stenobird.com/podcast/the-uhnw-institute-podcast-6883548/power-maps","show_page_url":"https://stenobird.com/podcast/the-uhnw-institute-podcast-6883548","url":"https://www.uhnwinstitute.org/","audio_url":"https://episodes.captivate.fm/episode/14c96a91-f77f-4b20-9e14-2ccbafb7fc05.mp3","summary":"In this episode, Russ Haworth engages with Betsy Erickson and David Werdiger to explore the intricate power dynamics within ultra high net worth families. They introduce the concept of the Power Map, a tool designed for advisors to understand and navigate the various sources of power within family structures. The conversation delves into the roles of advisors, the importance of cultural competency, and the evolving landscape of wealth management, particularly in the context of generational transitions and the shift towards a more collaborative approach in family governance. Through a case study, they illustrate the practical application of the Power Map and emphasize the need for advisors to reflect on their own power and influence in family decision-making processes. Takeaways Advisors must recognize their own power in family dynamics. Power can manifest in various forms beyond formal roles. The Power Map helps identify and unlock sources of power. Cultural dynamics significantly influence family governance. Wealth 3.0 emphasizes collaboration over control. Families today face more complexity than ever before. Engaging the rising generation is crucial for family success. Advisors should foster an enabling environment for families. The illusion of governance can hinder effective decision-making. Understanding cultural differences is essential for advisors. Chapters 00:00 Introduction to Power Dynamics in Ultra Wealthy Families 02:58 Understanding the Power Map Concept 05:41 Nuanced Sources of Power 11:48 The Role of Advisors in Power Dynamics 17:32 Practical Application of the Power Map 23:59 Empowering Families Through Understanding Power Dynamics 27:19 Navigating Complex Family Structures 30:12 Cultural Competency in Family Dynamics 34:28 The Shift to Wealth 3.0 41:0…","meta_description":"In this episode, Russ Haworth engages with Betsy Erickson and David Werdiger to explore the intricate power dynamics within ultra high net worth families.…","key_points":[],"chapters":[],"topics":[],"duration_seconds":2916,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/the-uhnw-institute-podcast-6883548/episodes/power-maps/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/the-uhnw-institute-podcast-6883548/power-maps.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}