- This event has passed.
FEA – Community Call: Addressing the elephant in the room: How can you help your clients deal with family conflict?
January 21, 2021 @ 1:00 pm - 2:00 pm EST
Event Details
When
Thursday, January 21, 2021
1:00 PM - 2:00 PM EST
()
Contact
Dawn Ainikkal
Where
Online via Zoom. A Zoom meeting link will be emailed to registrants prior to the event.
CE Credit
FEAs who attend this event will receive 1 continuing education credit toward their FEA designation annual requirement.
Who Can Attend
This call is for FEAs by FEAs.
Interested in Hosting?
If you are an FEA designate in good standing and would like to host a FEA Community Call, please complete the Host Application Form here.
Hosts
Vincent E. Didkovsky, MSc, CPA, CA, CFA, CBV, FEA, Director of Wealth Management at Newport Private Wealth
Over the course of my career I focused on developing my technical skills. I worked with numerous business owners and HNW clients and took pride in solving their tax and accounting issues. For a long time, I believed that in order to provide maximum value to clients, it was important to focus on technical solutions. At the end of the day, this is what the client was paying me for – to solve a technical problem.
A couple of years ago I realized that this “silo” approach was really missing the point. My best client engaged me to perform a tax reorganization, which would have resulted in significant tax savings for the two families engaged in the business. However, my perfectly crafted technical plan got rejected by the other family members, because they did not believe that the “patriarch” had their best interest at heart, because he never included them in this discussion. This was an eye-opening experience for me, because it was the first time in my career when my technical skills were insufficient. I realized that when I was dealing with a family business, I was focusing too much on the “business” part and neglecting the “family”. This realization was the impetus for me enrolling in the FEA program.
Upon completion of the FEA program, I am much more aware of the issues in the family circle and while I am unable to solve the issues, I can recognize when I need to engage other professionals. The program gave me the necessary tools to begin the conversation with clients about shared family vision, which would ensure that all subsequent components of a family system can then fall into place. My goal is to create, with the help from other professionals, a healthy family system that works for all members and ensures intergenerational success of the family.
Danielle Saputo, ACC-EI-Resilience, FEA, Legacy Coach and Family Advisor
Danielle is a Life Learner dedicated to bringing out the best in herself and others. Danielle is a Business Graduate from Concordia University. She completed wealth management courses at the University of Toronto’s Rotman School of Management and The John Molson School of Business in Montreal. She is an Accredited Certified Coach through the International Coaching Federation and The Coach Teaching Institute with designations in Emotional Intelligence and Legacy Coaching. She also trained with the Co-Active Training Institute group in co-active coaching. She is a Family Enterprise Advisor Designate achieved through the Family Enterprise Xchange and received Certification in Applied Positive Psychology through the Flourishing Center.
As a Family Advisor she is clarifying purpose, resolving conflict, and amplifying total wealth, where wealth is much more than financial capital – the focus here is on Human Capital. The basis of her family advisory role is: “Are you communicating in a way that the family is in Harmony?” As a professionally-trained Coach, Danielle’s goal is to hold a safe space for her clients. She provides accountability, clarity and support on their journey of self-discovery and forward motion. The basis of her coaching is: “Are you living the Legacy you want to be remembered for?” Danielle also engages at speaking events sharing her story, knowledge and experience to help other Canadian families overcome the proverbial saying; “shirtsleeve to shirtsleeve in 3 generations”.
Danielle is 3rd generation of a prominent Canadian Family Business. She worked in her family’s business until she married, moved to Ontario and began a family of her own. She is mother to 3 wonderful teenagers. She is President of Danuto Holdings, an investment company. She is a member of the Grove Society Executive Board and a Trustee for the Lakefield College School. On the home front, Danielle organizes and leads family meetings, creates multigenerational games, coordinated the writing of a family values book which lead her to write her own book. Her focus is on building a family legacy and fostering financial literacy in the younger generation. Danielle has a passion for travel, animals, nature and staying active.