Navigating Complexity of Family Business Owners Talking to Their Children about ‘Money, Values, and Entitlement,’ with FEUSA President Pat Soldano

Washington DC, United States, December 4, 2025 -- The complexities of discussing money, entitlement, and wealth to children of successful families is the topic of a new webcast featuring executives of Pathstone Family Offices and Family Enterprise USA’s Pat Soldano.

           Never an easy topic, “Parenting Amidst Wealth: Navigating the Shift as Kids Enter Adulthood,” is the subject discussed between Pathstone’s Jim Coutre, Managing Director, Pathstone Wealth Advisory Group, and Hannah Kanstroom, Director of Family Advisory, Pathstone Wealth Planning.

Soldano, President of Family Enterprise USA and Policy and Taxation Group, moderates the discussion. Family Enterprise USA and Policy and Taxation Group promote and advocate for family-owned businesses, family offices, and successful families.

During webcast, now available to at FEUSA.com, the Pathstone executives walk through the complexities and struggles of talking to the youngest of the next generation about money, entitlement, and transparency.

Pathstone, based in Englewood, N.J., is a nationally recognized advisory firm offering investment advice and family office services focused on the ultra-high net worth. It has 775 employees in 22 offices, managing $170 billion in assets.

           In the webcast, Coutre and Kanstroom detail how families must consider “mental models,” the reality of family’s wealth, and how to be transparent as children move into adulthood.

            “Most family-owned businesses struggle with the transition of turning the business over to the next generation,” says Kanstroom in the webcast. “Guiding a family through this phase is complex and brings many challenges,” she adds. “The key is to understand the many mentals and realities of a family’s wealth.”

           Managing Director Coutre explains “it’s okay to talk about the business.”

           “Parents have the best intentions when they want to ‘spoil-proof’ their children, but it’s okay to talk about money and the business,” he says. “The negatives are over estimated based on our experience.”

            According to research, America’s family-owned businesses contribute $7.7 trillion annually to the U.S. gross domestic product, accounting for 83.3 million jobs, or 59 percent of the country’s private workforce. 

“One of the most important topics family-owned businesses and successful families must address is the transition of business leadership to the next generation,” said Soldano. “It starts with communication and a plan,” she adds. “We hope this webcast with Pathstone, and others in our series, helps successful families navigate these issues in this complex time.”

           For more information on the webcast and Family Enterprise USA go to FEUSA.com.

About the company: About Pathstone: Pathstone is a client-centric, partner-owned firm dedicated to serving ultra-high net worth families, single family offices, and foundations and endowments. With a depth and breadth of expertise, our advisors provide a holistic suite of family office services, tailored wealth management, investment advisory, trust and estate planning, tax, bill pay, and other lifestyle management services, all delivered in-house. With offices across the United States, we focus on an advocacy-driven approach, empowering our clients to realize their unique long-term goals and sustain their legacy. Discover more at www.pathstone.com. About Family Enterprise USA: Family Enterprise USA promotes generationally owned family business creation, growth, viability, and sustainability by advocating for family businesses and their lifetime of savings with Congress in Washington DC. Since 2007, Family Enterprise USA has represented and celebrated all sizes, professions, and industries of family-owned enterprises and multi-generational employers. It is a bipartisan 501.c3 organization. familyenterpriseusa.com. About Policy and Taxation Group: Policy and Taxation Group (PATG) is the Voice in Washington, D.C., of Family Offices and Successful families. PATG is focused exclusively on the Tax and Economic Issues that impact them. Since 1995, PATG has been the leading advocacy group working to reduce and eliminate estate, gift, and GST taxes while blocking increased income and capital gains taxes, the creation of a wealth tax, and other hostile tax policies that punish hard work and success. PATG is a 501(c)(4) organization comprised of families directly or indirectly impacted by these harmful taxes and regulations. For more information or to support, see www.policyandtaxationgroup.com

Contact Info:
Name: Bob Chew
Email: Send Email
Organization: Family Enterprise USA and Policy and Taxation Group
Address: 712 H Street NE Suite 1330, Washington DC, United States
Phone: 310-383-0528
Website: https://familyenterpriseusa.com

Video URL: https://www.youtube.com/watch?v=Y8hRnnX5jgw

Release ID: 89177806

Should you come across any errors, concerns, or inconsistencies within this press release's content, we urge you to reach out without delay by contacting error@releasecontact.com (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our committed team will promptly address your feedback within 8 hours and take appropriate measures to resolve any identified issues or guide you through the removal process. Providing accurate and dependable information remains our utmost priority.