Bill Smith, President and CEO at Trust Company of the South, was featured in a recent CIO Market Moves article exploring how family offices are preparing for one of the largest wealth transfers in history.
As one-third of family offices plan to transfer control within five years, families must formalize operations, build professional governance frameworks and manage generational differences in investment approach. The article also notes changes to risk tolerance and philanthropic giving as younger members take on greater and more influential roles within the family unit.
Bill shared his perspective on how multigenerational families he works with are balancing traditional asset allocations with the growing appeal of alternative investments. His remarks reflect Trust Company’s philosophy: listen to each generation’s priorities, keep portfolios grounded in long-term goals and build structures that allow families to transition smoothly across generations.
