Innovation in Action Summit: When is family office right for you?

EisnerAmper event, to be held virtually this year, includes keynote from former Nintendo of America president

The family office can be a strategic planning structure not only to manage your family, but also your business and everything in-between.

But, when is the right time to do this? And is a single-family office or multifamily office the right path for you?

These are the types of questions everyone has been asking since the pandemic took hold — and the types of questions that will have answers during a breakout panel at the EisnerAmper National Virtual Summit on Wednesday, themed “Breaking the Rules: Innovation in Action.”

(The event is from 2-5 p.m. Register here; it’s free.)

Kenneth Drummond, CFO of the Johnson Co.; Laura Macca, director, business transformation, at EisnerAmper; and Marie Arrigo, tax partner and co-leader, family office services, at EisnerAmper will break down the issue.

Diane Wasser, the partner-in-charge at EisnerAmper’s top New Jersey office, at Metropark in Edison, said the summit is tailored to business owners, executives, entrepreneurs, family offices and high net worth individuals across all sectors.

This year’s summit features industry-leading speakers discussing how decision-makers can use new ways of thinking to make immediate and lasting positive impacts within their businesses. How can they reinvent themselves and their businesses to succeed in an environment of never-before-seen risk and uncertainty?

Reggie Fils-Aimé. (Business Wire)

Reggie Fils-Aimé, the former president and chief operating officer of Nintendo of America, will deliver the keynote: “The Innovator’s Rulebook for Breaking the Rules.”

Fils-Aimé helped bring the Nintendo DS, Wii and other leading video games to the global marketplace — ensuring Ninendo maintained its spot as a power player in an increasingly crowded and competitive gaming marketplace.

Fils-Aimé will share his principles for effective and innovative leadership, including defining a vision, courage in decision making and irrefutable integrity.

The event will have one other breakout:

Sports in the Bubble: Reinventing Business, Reflecting Change, Revealing the New Direction

In this uncertain climate, sports has been one of the industries that has excelled, changing the playbook on operations both for its business as well as for the fans. Here’s how it did it.

Panelists will include:

  • Oris Stuart, executive vice president for the NBA, who oversees diversityand inclusion strategies for the league;
  • Sean Prendergast, chief financial officer of Major League Soccer;
  • Timothy Leiweke, CEO of the Oak View Group, who was instrumental in the New York Islanders’ new UBS Arena;
  • Michael Breit, partner-in-charge of EisnerAmper’s Sports & Entertainment practice.

Michael Mattia, EisnerAmper principal-in-charge of marketing, said that, even though the event will be virtual, there will be opportunities to meet new people.

Attendees will be able to connect with colleagues in a virtual networking lounge, with groups preselected by region or industry, where they can safely make valuable contacts who can help them grow their businesses and take them to the next level, he said.

It’s all part of the new world of business, Mattia said.

“The pandemic and other market factors have challenged us all to adopt new practices and ways of thinking in a rapidly evolving marketplace,” he said. “Attendees will get the latest actionable advice during this summit for increasing their ability to innovate and learn how to leverage these concepts across any industry.”

The event is open to all; click here to register.

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