Areas of Expertise
- Family Dynamics & the Family Enterprise
- Family Office Governance, Communication & Strategy
- Intergenerational Transition of Family Wealth
- Family Enterprise Conflict & Communication Management
Wealth transfer and business continuity plans will succeed only to the extent that they rest on a foundation of strong family culture and functional family dynamics. That’s at the heart of the work that I do.
- Family Dynamics and the Family Office
- So, You’ve Sold Your Family’s Business. Now What?
- Drawing Closer While Keeping Your Distance
- Avoid the Pitfall of Systemic Uncertainty When Making Decisions About Shared Family Assets
- A Founder Dies
- Family Wealth Continuity
- Family Wealth Continuity: Building a Foundation for the Future
- The Family Office: How to Avoid “Latent Development Syndrome”
- Achieving Balance: Individual Rights and Family Interests
- Money and Meaning Passing the Legacy: A Time for Creative Destruction?
- Managing the Psychological Impact of Inherited Wealth
- Outsiders: Troublemakers or Truth Tellers?
- Men, Women, and Money
- Reconciliation For Past Injustice
- Managing Conflict in the Family Business: Understanding Challenges at the Intersection of Family and Business
David has played a key role in the growth and transformation of many enterprising families, and in the business interests which they share.
He brings a deep understanding of family dynamics, a unique ability to address critical individual and family concerns, and an appreciation for the challenges that accompany family wealth and family business. David has helped facilitate growth in families, repair difficult relationships, and turn stagnant or struggling enterprises into thriving organizations.
A clinical psychologist and family therapist by training, David spent more than 15 years as a managing partner in a clinical psychology practice. There he observed the impact that personal relationships, family dynamics and communication obstacles can have on families’ abilities to work, plan and live well together.
Today, his clients include entrepreneurial families and families of wealth, multigenerational families with shared business or financial interests, family offices and private trust companies — all of whom want to plan well for the future, enhance communication, improve family relationships, and become more successful in family and business endeavors.
Although no longer practicing as a clinical psychologist, David was one of the first in Illinois to be licensed as a Marriage and Family Therapist and was certified as a Family Therapy Supervisor by the National Association of Marital and Family Therapy. He served as clinical faculty member and supervisor at Northwestern University’s Family Institute and taught marital and family therapy at the Adler School of Professional Psychology in Chicago.David is well known for his expertise in the psychology and family dynamics of multigenerational wealth. He has published widely, including articles in Private Wealth Magazine, Family Business Magazine and The Family Business Advisor. He also authored a regular column in The Journal of Practical Estate Planning. His latest book, Family Wealth Continuity: Building a Foundation for the Future, is an appreciation and analysis of the family dynamics that contribute to long-term family wealth continuity.
- Graduate of McGill University, Montreal
- Master’s and Doctoral degrees in clinical psychology, Rutgers University
David is married, lives in Chicago, Illinois, has three married children, and one noisy beagle named Stella. He is an avid cyclist and downhill skier.