For Michael Gold, founder of Gold Family Wealth in Westport, Connecticut, the most common failure in ultra-high-net-worth advisory work is not bad investment advice. It is fragmentation. Families with substantial wealth often surround themselves with capable professionals’ attorneys, accountants, investment managers who nonetheless operate in silos, producing blind spots and missed opportunities.Gold's solution is what he terms orchestration....
When Michael Polk stepped away from Newell Brands after years as its chief executive, few observers expected him to return to an active management role. But in 2019, Polk came out of retirement to lead Implus, a smaller, private equity-backed company. The decision reflected his conviction that meaningful leadership does not require a massive platform it requires the right conditions for impact.What Changes at a Smaller CompanyThe move from a...
Energy Transfer, the company Kelcy Warren co-founded in 1996 and still chairs, has grown into one of the most consequential pieces of American energy infrastructure. Its nearly 125,000 miles of pipeline transport roughly 30 percent of the country's natural gas and petroleum, and the company stands as the only operator exporting natural gas liquids from both the Gulf Coast and the East Coast.Warren has framed Energy Transfer's expansion not as...