How to Turn Family Wealth Into Legacy Using Shared Values & Structure | The Family Biz Show Ep. 121

About this episode

The episode discusses how high-net-worth families can protect and grow their wealth by focusing on communication, values, and legacy.

In this episode of The Family Biz Show , family business consultant Michael Palumbos is joined by Shawn Barberis of More Than Money 360 to explore how high-net-worth families can protect and grow their family wealth by focusing on communication, values, and legacy—not just dollars. Together, they unpack proven strategies to strengthen generational continuity, including the five pillars of success and six laws of family advancement. 1. Shawn's Journey & "More Than Money" (02:23–08:18) Shawn shares why he left law to launch a firm focused on the relational and cultural side of legacy. He realized families needed more than documents—they needed systems to protect family wealth through values, communication, and structure. 2. Perception vs. Reality of Risk (14:53–17:00) Most families fear market loss, but data shows 85% of wealth loss stems from broken trust and poor communication. Shawn highlights why this mindset shift is crucial to family legacy. 3. The Engagement Process (19:10–21:05) A 3-step approach: educate the family, define the legacy goal, and build a values-based plan. Legacy is built through process—not a single event. 4. Five Pillars of Generational Success…

People in this episode

Host: Michael Palumbos

Guest: Shawn Barberis

Topics covered

• family wealth
• legacy
• communication
• values
• generational continuity

Keywords

• family business
• wealth management
• generational success
• philanthropy
• family governance

Mentioned in this episode

Organizations: More Than Money 360

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