IPI NextGen

Roshni Nadar Malhotra, the only child of HCL Corporation founder Shiv Nadar, has been appointed a non-executive director on the board of the group’s software services firm, HCL Technologies.

Revealed in the company’s annual report released this week, the appointment is being touted by the Indian media as a preparatory step in Nadar’s succession plan for the multi-billion dollar company.

HSBC’s ultra high net worth offering is the biggest multifamily office in the world, according to Bloomberg Markets, which has produced its annual ranking of the sector.

http://bit.ly/1baoZp0

Join us September 16th in San Francisco to hear Tipping Point Community founder Daniel Lurie discuss how he attracted Silicon Valley stars including Google Co-founder Sergey Brin and his wife, Anne Wojcicki, and Yahoo CEO Marissa Mayer as personal donors to his cause.

Third-generation businessman Keisuke Takemura has achieved the seemingly impossible with his late grandfather’s underwear company: made it cool among Tokyo’s hipsters.

http://www.campdenfb.com/article/salaryman-chic

If Alexa von Tobel has her way, financial advice will be as widely available — and affordable — as any other mass-produced consumer product or service. She says, “financial advice shouldn’t be a luxury. We want to disrupt the industry.”

http://nyti.ms/1cbRPXy

In 2007, Michael Birch and his wife Xochi sold their social networking company Bebo.com to AOL for $850 million. Soon after, Michael founded WaterForward, which uses social networks to raise millions of dollars for Charity: Water.

On September 16th, on the eve of the Fall Forum in San Francisco, join us to hear him speak about his decision to launch his tech-based non-profit.

According to the Foundation Center, Millennials, young men and women born between 1979 and 1994, passionately support causes rather than the institutions working to address them. But what does this mean from a strategy standpoint?

Millennials Support Causes, Not Institutions, Survey Finds

The nonprofit field is evolving, and a profit-making enterprise can be driven by social impact and not the bottom line.

So should aspiring social entrepreneurs hop off the “treadmill of donor dependency?"

A Social Entrepreneur Transforms a Nonprofit Into a Profit-Making Enterprise

Almost $40 trillion will transfer from older to younger generations by 2050 globally. Impact investment is the perfect option for wealthy individuals who want to make a return but also have a social conscience, according to Eveline Maas, who advises next gens for ABN Amro’s private wealth management arm: “From an investment point of view, it’s about making a positive impact in the world while making a return. It’s not philanthropy, which is just about giving donations."

Did you know that 70% of family inheritance is lost in the second generation?

That's one reason why NextGen programs are so important! Barron explores how these programs are "untangling the barbed wire on the inheritance frontier."

A Club for Young Heirs - Penta Daily - Barrons.com

How do families decide whom to include on the investment committee? How best can external family members and the next generation be included in meetings and what processes do families deploy to encourage consensus-building?

Hear a panel of private investors discuss at our North American Family Investment Conference tomorrow in Chicago.

North American Family Investment Conference

It seems even Spider-Man knows the value of sticking with the family when it comes to business – at least that's what you'd think on hearing the title of the latest installment of the classic Marvel comic.

Spider-Man: Family Business will make its debut in April 2014 and features a mysterious character claiming to be Peter Parker's long-lost sister Theresa.

http://www.campdenfb.com/article/beating-bad-guys-becomes-fambiz-spider-man