In this episode of the Enclave Podcast, host Jake Knight sits down with Dr. Charles Eckhart, co-founder of Cathexis Group, to discuss the complexities and challenges of navigating generational wealth through the lens of developmental psychology. Charles shares his journey from growing up in an enterprising family to becoming a clinical psychologist and eventually founding Cathexis Group. The conversation delves into the developmental stages of the rising generation, attachment theory, and the importance of finding purpose and meaning in life.
Key Topics:
- Introduction to the Enclave Podcast and today's guest, Dr. Charles Eckhart.
- Charles' background and journey to founding Cathexis Group.
- The work of Cathexis Group in supporting high net worth and ultra-high net worth families.
- The challenges and opportunities faced by the rising generation in wealthy families.
- An exploration of attachment theory and its implications for wealth advisors.
- The significance of developmental stages in understanding the experiences of the rising generation.
- The importance of emotional transparency and curiosity in supporting the rising generation.
- The concept of generativity versus stagnation for the now generation.
- Practical advice for family offices and wealth advisors in supporting rising gen members through developmental stages.
Guest Bio:
Dr. Charles Eckhart is the co-founder of Cathexis Group, a consulting firm that works with high net worth and ultra-high net worth families. With a background in clinical psychology, Charles brings a unique perspective to the challenges faced by wealthy families, particularly in areas of wealth transfer preparation, conflict resolution, and rising gen development. He is passionate about contributing to the field through scholarship and thought leadership.
Quotes:
"The rising gen face all the challenges of being human, which are so significant, with wealth infused."
"Rising gen need enough space to go out and figure things out and make mistakes."
"Emotional transparency and curiosity are key in supporting the rising generation."
Resources Mentioned:
- Cathexis Group Website: Cathexis Group
- LinkedIn Profile: Charles Eckhart on LinkedIn
Call to Action:
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