Good Enough - Navigating Family, Wealth, and Conflict: A Conversation with Suzy Riedman

One Year In and Just Getting Started: A Conversation with Enclave Founders Jake Knight and Marc Hodulich

n our latest conversation, we head back to Austin, Texas, where Enclave’s co-founders Marc Hodulich and Jake Knight reflect on a year of building a community for the Rising Generation—and where it’s headed next. From sunrise yoga and breathwork to late-night hot tub conversations, Enclave’s most recent retreat wasn’t just a getaway. It was a coming-of-age moment. With carefully chosen facilitators, private accommodations, and just enough unstructured time, the Austin experience revealed how powerful curated peer connection can be when the right people show up with the right intentions. In this episode, Marc, Jake, and producer Travis McKenzie break down the structure behind the spontaneity, the lessons learned from hosting intimate in-person gatherings, and what’s ahead for the community in Year Two. As Jake puts it, “We’re just getting started.” Key Themes • The power of intentional facilitation • Unstructured time as a trust accelerator • Using nature and play to drive depth • Curating for safety, vulnerability, and momentum • The future of Enclave: smaller activations, deeper connections Highlights 00:00 – Marc on designing for connection: “There’s an intentionality to all of these things—location, food, activities—they’re not meant to get in the way.” 00:06 – Jake on balancing structure and unstructured time for deeper conversations 00:07 – Late-night hot tub talks: “The conversation was just too good to leave.” 00:08 – Why unstructured time shows the filtering is working 00:09 – Covey’s session on introspection and peer support 00:10 – Marc reflects on legacy and fatherhood post-retreat 00:15 – Supporting members through evolving family dynamics and career shifts 00:19 – Using breathwork and stillness as shared recovery 00:21 – Sunrise yoga and the power of nature as a silent partner 00:25 – Marc on future retreats: shared adventure in rivers, mountains, and trails 00:27 – Jake’s call to action: “If this is speaking to you, apply. Get into action.” Looking Ahead Enclave’s second year will bring more adventure, more intimacy, and more opportunity for members to connect through curated experiences in nature—from the Texas Hill Country to the mountains and rivers of the American West. If you're ready to go deeper, apply now at JoinEnclave.com

Good Enough - Navigating Family, Wealth, and Conflict: A Conversation with Suzy Riedman

Key Themes: The invisible weight of inheritance Struggles with identity, purpose, and wealth Marriage dynamics and financial imbalance The power of conflict as transformation Money as a tool—or a tether Redefining success as stewardship and contribution Episode Overview: In this raw and profoundly insightful episode, Jake Knight sits down with coach and family mediator Suzy Riedman to explore the internal landscape of wealth, identity, and purpose. Suzy shares her deeply personal journey starting with receiving a life-changing gift at 28 that altered her career trajectory and sense of self. Since the recording of this episode, Suzy has written a children’s book on the topic of growing up within family wealth. Currently in illustration, the book is titled Bobby and Billy: A Tale of Two Homes. You can join the waitlist to receive updates at the link below. Highlights: [00:00] “What you feed grows.” Suzy reflects on the dangers of toxic gratitude and the importance of holding space for what’s hard. [03:30] The unexpected gift: how receiving an income-producing property at 28 altered Suzy’s sense of self-worth and financial identity. [06:00] Pretending it wasn’t there: the paralysis of purpose when you don’t need to earn, and the challenge of being honest about it. [08:30] Building something of her own. Suzy turns toward real estate investing as a way to align inherited resources with personal agency. [12:00] “Let the money stoke the fire, not put it out.” On helping clients move from confusion to clarity, shame to self-expression. [14:30] The ping-pong room story. Suzy’s father models humility, showing the transformative power of owning your part in family conflict. [17:00] Conflict as a doorway: Suzy shares her approach to mediation and how positive memories soften defensiveness in family dynamics. [21:00] The mirror of parenting. Jake and Suzy discuss how children—and spouses—become powerful agents of personal growth. [26:00] “When you figure it out, they change.” Jake on parenting through shifting developmental stages and staying open to feedback. [31:00] The role of the mediator. Why attorneys and advisors aren’t enough—and how Suzy creates consensus through values-based facilitation. [38:00] Marrying in. The unique challenges faced by spouses entering wealth-bearing families—and why curiosity is key. [44:30] Strings attached. On the weight of financial dependence, silent expectations, and the courage to name what’s not working. [49:00] “Success is stewarding well what I’ve been given.” Suzy closes with a reflection on family, land, legacy, and finding her own fire. Quotes to Remember: “Let the money stoke the passion—not put it out.” — On helping rising gens find purpose through their resources “Maybe it was me.” — Suzy’s father, modeling the humility that can dissolve conflict “Conflict is both a danger and an opportunity.” — On entering hard conversations with intention “You’re not parenting children forever—you’re relating to adults.” — On shifting roles in intergenerational families “Good enough is a beautiful goal.” — On consensus over perfection in family mediation “I want spouses to have a seat at the table.” — On validating married-in experiences and honoring their perspective “What you water grows. But we have to acknowledge what’s hard too.” — On moving beyond toxic gratitude “Steward well what you’ve been given—and don’t lose yourself in the process.” — Suzy’s personal definition of success Coming Soon: Bobby and Billy: A Tale of Two Homes A children’s book by Suzy Riedman 🔗 Join the waitlist here: familywealthdynamics.com/waitlist [https://familywealthdynamics.com/waitlist] Connect with Suzy: Email: suzy@familywealthdynamics.com LinkedIn: Suzanne Riedman [https://www.linkedin.com/in/suzanne-riedman] Website: familywealthdynamics.com [https://www.familywealthdynamics.com/] Learn More + Join Enclave: Ready to take action in your own growth journey? Visit joinenclave.com [https://joinenclave.com/] to connect with a curated community of Rising Gen leaders navigating the path of legacy, impact, and personal fulfillment.

Love, Legacy & Learning to Let Go: A Conversation with Phelps Wood

Key Themes: * Identity-based conflict in families * Succession planning and emotional complexity * Shared decision-making and structured governance * Generational relationships and personal growth * The risks of avoiding hard conversations * Redefining success through connection, contribution, and clarity Episode Overview: In this heartfelt and deeply insightful episode, Jake Knight welcomes family business advisor Phelps Wood to discuss his personal and professional journey through the often tangled web of family enterprise, legacy, and identity. Phelps shares candid stories from his upbringing in a family business, the emotional challenges of succession, and his current work helping other families navigate generational transitions. From helping families confront deeply rooted conflict to guiding them toward shared goals and better communication, Phelps’ work bridges the personal and professional. Whether you’re part of a family business, managing inherited wealth, or just trying to be a better parent or sibling, this conversation will leave you with valuable tools and emotional resonance. Highlights: [00:00] “People need three things: reciprocal love, meaningful work, and hope for the future.” Phelps opens with his personal definition of success and how those principles guide his work. [03:00] Growing up in a family business. Phelps recounts his childhood experience making parts with his father at the kitchen table and reflects on how that upbringing shaped his career. [06:00] Unspoken expectations and the fallout of unclear succession. When Phelps’ father passed, his family was left with no decision-making structure. He speaks to the emotional and strategic gaps this created. [10:30] What is identity-based conflict? Phelps explains the root of many family disputes—where personal identity is challenged, logic shuts down, and history takes over. [14:00] Introducing the “Strong Family Factor.” How to assess whether a family is ready and willing to engage in healing work—and what to do if they’re not. [22:00] A story of transformation. Phelps shares a powerful story of conflict resolution within a family business on the brink of legal battle—and how emotion, vulnerability, and preparation helped them reconcile. [29:00] “Where preparation meets fear, growth occurs.” A powerful reflection on how to support family members who are stuck or afraid to speak their truth. [34:00] Defining success. Phelps closes with his own philosophy on legacy: “At the end of the day, was I a good dad? A good husband? A good friend?” Quotes to Remember: “You can't row a boat in two directions.” — On the importance of aligned vision in family enterprises “Families tend to focus on where they’re not aligned—but most are deeply aligned on what really matters.” — On surfacing shared values first “You can’t outsource the work to me—you’ve got to want it. But if you do, we can help.” — On the power of internal commitment in family healing “Not making a decision is still a decision—with real consequences.” — On the hidden risks of avoidance Connect with Phelps: Email: phelpswood@gmail.com Website: continuityfbc.com [continuityfbc.com] Learn More + Join Enclave: Ready to take action in your own growth journey? Visit joinenclave.com [ joinenclave.com] to connect with a curated community of Rising Gen leaders navigating the path of legacy, impact, and personal fulfillment.

Known By My First Name: A Conversation with David Newfield

Episode Summary In this episode, Jake Knight sits down with David Newfield — strategic advisor, business coach, and founder of NextGenCoach — for a powerful conversation on identity, individuation, and redefining success as a rising gen. Drawing from his own family business experience and a diverse professional background that spans hospitality, real estate development, and mining, David now coaches next generation leaders looking to build meaningful careers on their own terms. Whether you've stepped away from the family business, are navigating what’s next, or are seeking to turn generational pressure into personal power, this conversation is filled with clarity, honesty, and tools for forward momentum. 02:17 — David’s Path to Coaching David recounts his journey through multiple industries including family hospitality ventures in the Caribbean, a $2B real estate development portfolio in Toronto, and a wild mining play in Peru before launching his coaching and consulting firm dedicated to rising gen leaders. 06:07 — Leaving the Family Business But Not Burning the Bridge Not all exits need to be permanent. David shares why stepping away to gain skills and perspective can position rising gens for more meaningful re-entry or future partnership within the family enterprise. 08:14 — Rejecting the Narrative of Starting from Scratch Too many next gens believe that forging their own path means erasing everything they've inherited. 11:00 — Confidence and Decision-Making David introduces one of his core coaching philosophies: helping clients move from needing certainty to navigating with probability. The key to progress is building momentum through better and faster decision-making. 14:00 — Three Client Profiles David outlines the three phases of client journeys he typically works with. The first is for those contemplating leaving the family business. The second is for those with an idea but overwhelmed by execution. The third is for those building within the family orbit but wanting autonomy and ownership. 19:28 — Identity, Comparison, and the Sibling Effect Jake and David dive into the pressures of comparison within family systems — especially between siblings — and the internal battles of wanting to be known for your first name, not your last. 26:18 — Trade-Offs and Ownership What does it really mean to build something of your own? David discusses the sacrifices and trade-offs rising gens must make, especially when tempted by the comfort and distractions of generational privilege. 30:31 — Communicating with Family Without Blowing It Up Jake and David explore the emotional and strategic layers of high-stakes conversations within family systems and how rehearsal, role-playing, and coaching can lead to more productive and less reactive communication. 36:48 — Strategic Applications of AI in Business Building David shares how his clients and his own firm use tools like ChatGPT and Claude to simulate communication, build strategies, and accelerate learning, especially during early-stage business planning. 39:14 — How the Industry Can Better Serve the Rising Gen David offers actionable insights for advisors, law firms, and family offices who risk being left behind by the next generation. Supporting rising gens early and meaningfully is the only path to continued partnership. 44:50 — New KPIs for a New Generation Jake and David discuss the industry’s need to evolve its metrics and mindset, especially as leadership ages and younger generations seek more personalized, human-centered support. 46:16 — Defining Success on Your Own Terms David closes the episode by sharing his “four-legged table” framework for a balanced and fulfilling life. Professional achievement, family connection, physical and mental health, and spiritual grounding each play a role in how he defines and lives success. Website: nextgencoach.com [https://nextgencoach.com/] LinkedIn: David Newfield [https://www.linkedin.com/in/davidnewfield] Email: David@nextgencoach.com Visit joinenclave.com to learn more

Navigating Family Office Dynamics: A Conversation with Brian Adams

Episode Overview: Jake Knight welcomes Brian Adams, Partner at Mack International, to discuss the nuanced experiences of rising generations navigating family offices, wealth identity, and succession planning. Brian shares his unique journey as a non-lineal next-gen, emphasizing the challenges and opportunities within the evolving family enterprise landscape. 00:00:00 Opening & Introduction Jake introduces Brian Adams, highlighting his extensive experience in family offices, executive search, and human capital consulting, laying the groundwork for a discussion on generational wealth and family enterprise dynamics. 00:02:24 Brian’s Background & Non-Lineal Family Office Journey Brian recounts his unexpected introduction to significant family wealth through marriage, sharing candid reflections on navigating identity, self-worth, and initial challenges. 00:06:42 Finding Support and Self-Actualization Brian discusses pivotal resources that supported his journey, notably YPO forums and sobriety, highlighting the importance of vulnerability and intentional community in personal and professional growth. 00:09:36 Raising the Next Generation Insights into Brian’s parenting philosophy, focusing on emotional literacy, agency, and cultivating resilience and self-awareness in his children. 00:13:22 Choosing Sobriety for Clarity and Focus Brian shares his decision to pursue sobriety, reflecting on the positive impact this choice has had on his family life, career, and personal clarity, offering perspective to those curious about similar lifestyle changes. 00:18:17 Critical Ingredients for Next-Gen Development Brian emphasizes safe, peer-driven experiences, clear communication, and vulnerability as essential tools for supporting the rising generation's development within family enterprises. 00:23:53 Current Trends in Family Offices Discussion on the increasing professionalization, transparency, and complexity of family offices, emphasizing the importance of clearly defining clients, scope of services, and organizational structures. 00:31:09 Succession Planning and Talent Acquisition Brian addresses the current wave of succession transitions within family offices, highlighting the strategic importance of proactive talent acquisition, clear role definitions, and nuanced compensation structures to attract and retain top talent. 00:35:37 Navigating Complex Compensation Structures Exploration of sophisticated and innovative compensation models within family offices, including profit-sharing, co-investment opportunities, and unique incentives tailored to attract high-caliber executives. 00:38:56 Serving the Rising Generation Brian highlights the shift towards more holistic and personalized client service within family offices, acknowledging the evolving expectations of rising generations. 00:41:33 Global Trends and International Considerations Insights into the increasingly global landscape of family offices, highlighting trends such as asset mobility, jurisdictional diversification, and the complexities of international family dynamics. 00:46:11 Defining Success Brian shares his personal vision of success centered around long-term family relationships, professional fulfillment, and physical and emotional health, emphasizing proactive steps taken today to realize future goals. * "One of the best things I can do for my children is to help them understand the difference between things they can control and things they cannot." * "Success for me is picturing myself at 78, healthy, engaged with my family, and fulfilled professionally." * "True growth comes from vulnerability within trusted peer groups." * Cultivate intentional peer groups to foster vulnerability and accountability. * Clearly define family office objectives, clients, and scope of services. * Adopt flexible, innovative compensation strategies to attract and retain talent. * Mack International Website [https://macinternational.com/] * LinkedIn - Brian Adams [https://www.linkedin.com/in/brian-c-adams/] Visit joinenclave.com [http://joinenclave.com/] to learn more