12 APRIL 2018
NATIONAL GALLERY OF ART
How will we let the business thrive without us?
YOUR BUSINESS IS THE WORK OF A LIFETIME. It's almost impossible to distinguish where the influence of the founder ends and the business scope begins. The very idea of leaving it often seems strange. What will I do? Who will run the business? Why don‘t people appreciate what is dear to me? What do my successors want and will they be able to manage the business?
For the second year, the wealth management conference Wealth 360 will create the opportunity to share experiences on family business and asset management. The experiences of others will help business owners and successors find answers to their own questions.
The moderator of the conference
Jonas Tamulis, a leading partner of the international consulting organization Bridge Capital, has seen a number of successes and failures in business transfers. HIs observations and insights cannot be left unheard.
Prof. Dr. Fabian Bernhard
Challenges of business succession and preparation of heirs
Prof. Dr. Fabian Bernhard will share knowledge about typical mistakes in business succession and ways to avoid them, furthemore he will adress the question on how to prepare young people for taking over the business, inspire new managers, and increase self-confidence.
Business Management Professor Dr. Fabian Berhard works at the EDHEC Business School in France and teaches at the Mannheim University in Germany. He is also active in the family business center. Fabian Berhard has experience in family business counseling, he wrote a book on Psychological Ownership in Family Businesses.
Dr. Jan Taenzler
William Prym's History - Practical Business Succession Experience
Dr. Jan Taenzler will share the experience of business succession of the oldest family business in Germany - William Prym GmbH & Co. KG's experience has accumulated over sixteen generations. How does a family run a business? How does the process of succession affect the family? What to do and what not to do during the succession process?
Dr. Jan Taenzler is a shareholder in the William Prym Group, works at the Wingman Group Strategic Committee, has completed business administration in Aachen, Singapore and Berkeley, gained a doctorate degree at the Mannheim University in Germany
Dr. Virginijus Lepeška
Smooth succession of your business. Is that possible?
There comes a day when a person who has created and managed a business wants to retire. How to prepare for this decision? What are the possible alternatives? When and how is the best time to make such a decision? And how to successfully implement it? How will the team respond and what should be transfered to the new manager?
Dr. Virginijus Lepeška is the founder, chairman and consultant of OVC consulting. For more than twenty years V. Lepeška has been working with top executives in the field of consulting organizations, he is also an active member of supervisory boards and board of directors in several organizations. V. Lepeška knows how various management tools work in business and how they affect people who manage these businesses. The speaker is a doctor of psychology.
Dr. Gintaras Chomentauskas
The business "father" dilemma: how to say good-bye to your immediate family member - your business?
During the presentation, we will look at the causes of emotional identification with your business and the impact on family relationships it might have. We will take a deeper look at what we can do when everything is changing and we are entering a new life stage
Dr. Gintaras Chomentauskas is the president of the Human Study Center and the chief editor of the journal Psichologija Tau. He is the president of the Lithuanian Association of Applied Psychology. G. Chomentauskas Studied at the Vilnius University, the Lomonosov Moscow State University, the Phillips Graduate Institute. The specialist studied with psychotherapists V. Satire, C. Rogers, F. Pucelika, R. Resnickas and others. Dr. Gintaras Chomentauskas is a certified EuroPsy Psychologist, licensed psychotherapist of the European Psychotherapy Association, psychotherapist-teacher of the Lithuanian Psychotherapist Society. He has more than 25 years experience in consulting.
Prof. Theo Vermaelen
Asset management after selling a business
Prof. Theo Vermaelen will share his thoughts on situations in which selling the business is a better option than successing it to the younger generation. Mr Vermaelen will share his thoughts on asset safeguarding decisions, investment portfolio forming and management.
Professor Theo Vaermaelen, a finance professor in the well-known business school INSEAD, comes from a family, who had a business, but he did not even consider successing his father. After choosing a scientist's path and graduating in finance in Belgium and the United States, he later lectured at the British Columbia University in Canada, Leuven University in Belgium, London Business School, UCLA and Chicago Universities in the USA. Theo Vermaelen publishes articles in solid financial world publications.
100 reasons why asset management is worth planning in Lithuania
Lewben | Wealth is an international provider of wealth management solutions for high net worth individuals. We are delivering full spectrum of professional services in the field of wealth & asset management, private banking, family office, business, financial, tax, legal and structuring solutions through exceptional and personalized approach. Our team is focusing on three aspects of wealth: creation, management and preservation. Lewben | Wealth’s prime aim is to help its clients achieve their financial ambitions, both personal and corporate.
DATE: 26 JANUARY 2017
PLACE: MARTYNAS MAŽVYDAS NATIONAL LIBRARY OF LITHUANIA
SUBJECT: ASSET MANAGEMENT CONFERENCE. Succession planning - smooth transfer of a family business.
The era has taught us little to talk about wealth. We worked a lot. Our energy, ideas, thoughts have become flesh, and today we can enjoy the result. We want to preserve and deliver the created well-being to the next generation, but there are many questions.
Do our children want take the same path we took?
Do they understand the value of what they are offered?
Are you ready to take responsibility?
Won‘t the wealth be a cause of family conflicts, and won‘t it simply be wasted?
How to manage business and property so that it creates value?
At Wealth 360, we have opened a new space for sharing family and business management experience.
ORGANIZERS: Lewben | Wealth and Ellex Valiunas
Ed van de Vijver