Purpose of Wealth: the secret to protecting and growing intergenerational wealth is a brand new podcast from Mutual Trust , Australia’s leading modern Multi-Family Office. Hosted by Narelle Hooper, award-winning Australian editor and interviewer (Company Director magazine and AFR BOSS), non-executive director of The Ethics Centre and author New Women, New Men, New Economy and featuring high net worth leaders and top global experts. Join Narelle and her guests as they explore why a modern Family Office matters, how to find purpose and alignment, the positive impact your wealth can have in business and the community, plus the conversations your family should be having, now.
We’ve all heard about blended families. But have you heard about blended finance? It's surfacing as a significant trend in philanthropy, to de-risk investment and mobilise larger pools of private capital to benefit community and the environment, and it's helping more families rethink their approach to giving so they can have more impact. In this episode host Narelle Hooper speaks with Victoria Stoddard and Alan Schwartz AO. Victoria is Director of Philanthropy at Mutual Trust whose role helps bridge the worlds of NFPs and private wealth. Alan is Chair of Trawalla Group, and describes himself as a “Capitalist, Philanthropist and Social Activist”. And as we discover, Alan’s on a mission. For more information on Transition Accelerator, head to transitionaccelerator.com.au And the Trawalla Group at trawallagroup.com.au Purpose of Wealth is hosted by Narelle Hooper Producer and editor is Samuel Phelps Executive producer is Lauren McWhirter See omnystudio.com/listener for privacy information.
What’s the secret to building an enduring family legacy that spans over 160 years? In this episode of The Purpose of Wealth, fifth and sixth generation members of the iconic Coopers Brewery , Melanie Cooper and Andrew Cooper share some of the highs, lows, and lessons with host Narelle Hooper . From its early beginnings in Adelaide in 1862 when founder Thomas Cooper brewed up an ale as a tonic for his sick wife Ann, Coopers is now Australia's largest independent family-owned brewer, brewing more than 80 million litres a year with its sights set on sustainable growth and impact. Discover how this iconic Australian family keeps its entrepreneurial spirit (or should that be ale?) alive and kicking. Want to know more about the ground-breaking research Why the Modern Family Office Matters? Head to mutualtrust.com.au or email us at purposeofwealth@mutualtrust.com.au Purpose of Wealth is hosted by Narelle Hooper Producer and editor is Samuel Phelps Executive producer is Lauren McWhirter See omnystudio.com/listener for privacy information.
In this episode of The Purpose of Wealth, renowned family wealth consultant, educator and psychologist Dr. Jim Grubman sits down with host Narelle Hooper to dismantle the fear-based narratives surrounding intergenerational wealth transfer. Dr. Grubman, co-author of Wealth 3.0, offers a refreshing, positive-psychology-based approach to family wealth. We’ll tackle a longtime trope, ring the Dr Jim helpline, and get a mini masterclass in negotiation between the generations. That way you can find harmony (in the family choir). Plus, Dr Jim shares three key questions to help your family adapt to change and help build a legacy grounded in values, communication, and intentional stewardship. Want to know more about the ground-breaking research Why the Modern Family Office Matters? Head to mutualtrust.com.au or email us at purposeofwealth@mutualtrust.com.au Purpose of Wealth is hosted by Narelle Hooper Producer and editor is Samuel Phelps Executive producer is Lauren McWhirter See omnystudio.com/listener for privacy information.
We know family offices are unique and idiosyncratic. But what about the people that run them? In this episode of Purpose of Wealth, host Narelle Hooper chats with Tammy Hurst , director at Mutual Trust in Adelaide. Tammy has a surprising career journey that stretches from accounting and law, to the Royal Navy, to starting and running a single-family office (SFO) from scratch. Tammy shares her personal experiences from her career managing complex family affairs, the challenging conversations required to guide families through tough investment decisions and some valuable lessons from military leadership training. Plus, if you ever face a logistical challenge of moving an elderly cat across continents, Tammy's your person. Want to know more about the ground-breaking research Why the Modern Family Office Matters? Head to mutualtrust.com.au or email us at purposeofwealth@mutualtrust.com.au Purpose of Wealth is hosted by Narelle Hooper Producer and editor is Samuel Phelps Executive producer is Lauren McWhirter See omnystudio.com/listener for privacy information.
In Episode 24 Family Stories: the Heart of Legacy, host Narelle Hooper spoke to historian Dr Stella Barber about documenting the story of your family, and why it’s so important to family legacy for future generations. In this episode, Narelle returns to the topic with journalist Damon Kitney , who has intimate experience telling the stories of the challenges and triumphs behind some of Australia's best-known families ( James Packer , Warren Anderson, Lindsay Fox, Carol and Alan Schwartz, Kerry Stokes, Jennifer Nason, the Wilson family and many more). They chat about the motivations and tensions in documenting and preserving intergenerational wealth, entrepreneurial resilience and the role of humility and communication in successful wealth transfer. Want to know more about the ground-breaking research Why the Modern Family Office Matters? Head to mutualtrust.com.au or email us at purposeofwealth@mutualtrust.com.au Purpose of Wealth is hosted by Narelle Hooper Producer and editor is Samuel Phelps Executive producer is Lauren McWhirter See omnystudio.com/listener for privacy information.
In this episode of the Purpose of Wealth, we dive into the critical asset that keeps the world of intergenerational wealth management running - human capital. Family offices are unique, idiosyncratic organisations competing with private equity and venture capital in the war for top talent. So how do you find, attract, and retain the trusted advisors with the right skills and capabilities for the long term? Host Narelle Hooper chats with Brian Adams , President of Mack International , and Damian Bowden , Mutual Trust 's Head of People, Culture, Marketing & Communications, about how families can set themselves up for success in the specialised art of family office recruitment. Want to know more about the ground-breaking research Why the Modern Family Office Matters? Head to mutualtrust.com.au or email us at purposeofwealth@mutualtrust.com.au Purpose of Wealth is hosted by Narelle Hooper Producer and editor is Samuel Phelps Executive producer is Lauren McWhirter See omnystudio.com/listener for privacy information.
What does it really take to be a purpose-led organisation? And how do you make it live, breathe, and last? In this episode of Purpose of Wealth , host Narelle Hooper sits with CEO and Managing Partner of Mutual Trust, Phil Harkness and Tracy Conlan , Partner, and Head of Strategy at Mutual Trust. They explore how authentic purpose, when embedded in strategy, culture, operations and governance, yields powerful employee engagement, customer loyalty, and superior financial performance. In a rare case study, they outline how Mutual Trust’s purpose was defined and activated, and how it guides their approach to helping families navigate wealth across generations. This conversation reveals how aligning wealth with what truly matters most can transform both organisations, and the families they serve. Want to know more about the ground-breaking research Why the Modern Family Office Matters? Head to mutualtrust.com.au or email us at purposeofwealth@mutualtrust.com.au Purpose of Wealth is hosted by Narelle Hooper Producer and editor is Samuel Phelps Executive producer is Lauren McWhirter See omnystudio.com/listener for privacy information.
Have you ever stopped to think about the legacy you’ll leave behind? For entrepreneurial families, legacy is about far more than financial success. It’s about the story behind the wealth. The risks taken, the turning points, the values that guided each decision, and the purpose that cements it all together. Documenting your family history brings your stories to life, preserving not just names and dates, but the challenges, triumphs, lessons and defining moments that shape who you are - and that future generations can learn from. In this episode of the Purpose of Wealth, host Narelle Hooper sits down with archivist and historian Dr Stella Barber and explores why capturing your family story matters, how to preserve it in meaningful ways, and how it can strengthen identity, connection and purpose across generations. Want to know more about the ground-breaking research Why the Modern Family Office Matters? Head to mutualtrust.com.au or email us at purposeofwealth@mutualtrust.com.au Purpose of Wealth is hosted by Narelle Hooper Producer and editor is Samuel Phelps Executive producer is Lauren McWhirter See omnystudio.com/listener for privacy information.
What if our biggest planetary problems weren’t just massive risks, but once-in-a-lifetime investment opportunities? Enter the world of private venture investment, entree to some fascinating partnerships that are providing early stage backing for a new generation of companies poised for transformative growth. From plastic-munching enzymes to breakthrough deep tech, Gabrielle Munzer , Partner at Main Sequence Ventures, and Simone Rouse , Mutual Trust’s Partner and Head of Portfolio Solutions & Responsible Investment discuss how science, capital and entrepreneurial ambition are intersecting, with host Narelle Hooper . Want to know more about the ground-breaking research Why the Modern Family Office Matters? Head to mutualtrust.com.au or email us at purposeofwealth@mutualtrust.com.au Purpose of Wealth is hosted by Narelle Hooper Producer and editor is Samuel Phelps Executive producer is Lauren McWhirter See omnystudio.com/listener for privacy information.
So often in our busy lives health comes second. But when we ask our guests what matters most at the end of each podcast episode, health is one of the top responses. And two fundamental contributors to health - what goes on in your guts and in your lungs - remain a mystery to most of us. In this episode host Narelle Hooper gets the goods on guts and lungs from two global specialists from Victoria's largest NFP private hospital group, Epworth Health. Professor Andrew Metz , a gastroenterologist, interventional endoscopist, and director of the Jreissati Pancreatic Centre , and Dr Jazmin Eckhaus, a thoracic surgeon and robotics assisted surgery specialist share their expert insights. They talk about what you need to know to stay on top of your gut and lung health, key questions to ask of your surgeon, look at the role of stress and diet, and how to separate fact from fake in a social media world swimming with misinformation. Plus some simple ways for you and your family to stay healthy so you can look after what matters most. Want to know more about the ground-breaking research Why the Modern Family Office Matters? Head to mutualtrust.com.au or email us at purposeofwealth@mutualtrust.com.au Purpose of Wealth is hosted by Narelle Hooper Producer and editor is Samuel Phelps Executive producer is Lauren McWhirter See omnystudio.com/listener for privacy information.
When you think about big life events for your family wealth and business, where does tax rate on the list? It might not be at the top, but it needs to be up there. If not, there’s the risk of losing a big chunk of family capital, and potentially making the kids and grandkids grumpy. In this episode, host Narelle Hooper chats with Mutual Trust's George Psarrakos , who has advised some of Australia’s wealthiest families and businesses, foreign subsidiaries, and international investors on their tax and accounting decisions. George is a Tax Partner at Mutual Trust who leads the Tax Advisory function, and sits on the ATO’s Private Stewardship Group. He's also just released a white paper that lists nine things smart families should be thinking about when it comes to making tax-aware decisions for the future. Learn about them here, as Narelle and George discuss important aspects of family tax that will help your family stay ahead. Want to know more about the ground-breaking research Why the Modern Family Office Matters? Head to mutualtrust.com.au or email us at purposeofwealth@mutualtrust.com.au This podcast has been prepared in Australia by Mutual Trust Pty Ltd (ACN 004 285 330) (AFSL 234590). It is general information only and has been prepared without considering any particular person’s objectives, financial situation or needs. It does not constitute, and should not be relied upon as personal financial product, taxation or legal advice. Before making any investment decision you should read the relevant product disclosure statement or other disclosure document and obtain personal financial, taxation and legal advice. For more information about the financial services Mutual Trust provides, please contact us or visit our website, mutualtrust.com.au for a copy of our Financial Services Guide. Purpose of Wealth is hosted by Narelle Hooper Producer and editor is Samuel Phelps Executive producer is Lauren McWhirter See omnystudio.com/listener for privacy information.
How great is the feeling when you have a win? According to our guest in this episode of the Purpose of Wealth, it's not just about personal triumph, but about dreaming big, teamwork, discipline, and goal setting. Host Narelle Hooper chats with Peter Antonie OAM, the greatest all-rounder in the history of Aussie rowing. The Olympic gold medallist is also a Partner at Mutual Trust, and has been part of the wealth management team since coming on board nearly 20 years ago. Peter shares his lessons on what it takes to build a high-performance team, both on, and off the water. Want to know more about the ground-breaking research Why the Modern Family Office Matters? Head to mutualtrust.com.au or email us at purposeofwealth@mutualtrust.com.au This podcast has been prepared in Australia by Mutual Trust Pty Ltd (ACN 004 285 330) (AFSL 234590). It is general information only and has been prepared without considering any particular person’s objectives, financial situation or needs. It does not constitute, and should not be relied upon as personal financial product, taxation or legal advice. Before making any investment decision you should read the relevant product disclosure statement or other disclosure document and obtain personal financial, taxation and legal advice. For more information about the financial services Mutual Trust provides, please contact us or visit our website, mutualtrust.com.au for a copy of our Financial Services Guide. Purpose of Wealth is hosted by Narelle Hooper Producer and editor is Samuel Phelps Executive producer is Lauren McWhirter See omnystudio.com/listener for privacy information.
What do you think makes for success in a relationship? Trust, respect, communication, commitment, compromise - they all sound great on paper. But what about when it comes to trusting your wealth and private family interests in the hands of an advisor? In this episode, host Narelle Hooper jumps on board a 27-year-old partnership to chat with John Calvert-Jones, the sage of family office SeaFirst Australia. John has been a dynamic force in business, philanthropy, sports, politics, and the arts for decades. By his side is Angela Rutherford , Partner, Family Office at Mutual Trust. In this rare opportunity, Narelle, Angela, and John discuss the ins and outs of setting up the family office, the move to Mutual Trust, and what's the secret to making a successful advisor partnership stick. Want to know more about the ground-breaking research Why the Modern Family Office Matters? Head to mutualtrust.com.au or email us at purposeofwealth@mutualtrust.com.au Purpose of Wealth is hosted by Narelle Hooper Producer and editor is Samuel Phelps Executive producer is Lauren McWhirter See omnystudio.com/listener for privacy information.
What does it take for you and your family to feel safe and secure? If you think about Maslow’s hierarchy of needs, right after food, water, and shelter, comes safety. And sure, high walls, cameras, even a loyal dog might help. But what about the risks you can’t see - the threats you can’t predict or control? In this episode, host Narelle Hooper chats with a former ADF Special Operations leader, Peter Shanley . Pete is the Co-Founder and Executive Chairman of risk and protection advisory firm Accordant Global Partners. A long-time trusted advisor to Mutual Trust and the families they look after, Pete knows what it takes to stay safe when the stakes are sky-high - listen in to hear his insights on protecting what matters most. Want to know more about the ground-breaking research Why the Modern Family Office Matters? Head to mutualtrust.com.au or email us at purposeofwealth@mutualtrust.com.au Purpose of Wealth is hosted by Narelle Hooper Producer and editor is Samuel Phelps Executive producer is Lauren McWhirter See omnystudio.com/listener for privacy information.
What’s the most powerful document a family can have? What’s the most powerful document a family can have? Most of us would think it's your will - but there’s another important document that can shape your family’s legacy for generations, its a Family Constitution . In this episode, host Narelle Hooper sits down with Nicola Michell , a sixth-generation family member and director of Michell Wool - Australia’s oldest wool exporter. A physiotherapist by trade and passionate advocate for family governance, Nicola explains why she once turned down a million-dollar offer for that document. Joining the conversation is Jeff Steiner , Head of Family Office at Mutual Trust and a leading expert in crafting Australian family constitutions for nearly 20 years. Jeff also features in Episode 1 of Purpose of Wealth. Want to know more about the groundbreaking research Why the Modern Family Office Matters? Head to mutualtrust.com.au or email us at purposeofwealth@mutualtrust.com.au Purpose of Wealth is hosted by Narelle Hooper Producer and editor is Samuel Phelps Executive producer is Lauren McWhirter See omnystudio.com/listener for privacy information.
How can you and your family stay grounded amidst great wealth? The answer might just lie in purposeful giving. In this episode, host Narelle Hooper chats with Rupert Myer AO and Alice Walter , Partner and Head of Philanthropy at Mutual Trust, about the power of purposeful giving through an intergenerational lens, and how even though it may sound serious, it can be a vibrant and fulfilling journey, where unexpected impacts can leave the most lasting impressions. Want to know more about the ground breaking research Why the Modern Family Office Matters? Head to mutualtrust.com.au or email us at purposeofwealth@mutualtrust.com.au Purpose of Wealth is hosted by Narelle Hooper Producer and editor is Samuel Phelps Executive producer is Lauren McWhirter See omnystudio.com/listener for privacy information.
How generous are you feeling? Philanthropy is a growing feature of family wealth portfolios, and frankly, in a world where there seems no shortage of problems to be solved, it’s a force that needs unleashing. In this episode Narelle Hooper sits down with Peter Yates AM and Ralf Haase to explore why thinking like an investor is a useful tool in the quest for impact, and how philanthropy can be helpful as a learning exercise for every family member. Want to know more about the ground breaking research Why the Modern Family Office Matters? Head to mutualtrust.com.au or email us at purposeofwealth@mutualtrust.com.au Purpose of Wealth is hosted by Narelle Hooper Producer and editor is Samuel Phelps Executive producer is Lauren McWhirter See omnystudio.com/listener for privacy information.
The dynamics around family wealth are changing, and there’s a bold new force emerging in the great intergenerational wealth transfer. In episode six, Joline Godfrey dropped some clues of what’s coming. She said “we see women at the table and women who are deploying very large amounts of money, and we see them doing it in very thoughtful, sometimes very provocative ways, but it's like the head of the spear”. In this episode host Narelle Hooper sits down with someone who has been leading this charge for decades. A powerhouse advocate, entrepreneur, and champion for change, Carol Schwartz AO shares her thoughts on leadership, impact, entrepreneurship, and why Jane Fonda still rocks. Want to know more about the ground breaking research Why the Modern Family Office Matters? Head to mutualtrust.com.au or email us at purposeofwealth@mutualtrust.com.au Purpose of Wealth is hosted by Narelle Hooper Producer and editor is Samuel Phelps Executive producer is Lauren McWhirter See omnystudio.com/listener for privacy information.
When you think about family wealth down the generations, how do you know when it’s time to call time on the structures that have underpinned the family business, who controls the money, and who makes the decisions? And when it comes to the crunch… what matters most - freedom, or control? In this episode, host Narelle Hooper speaks with Peter Michell, a director of Michell Wool , and a non-executive director of Mutual Trust, and Kirby Rosplock , founder of Family Office consultancy Tamarind Partners , and author of The Complete Family Office Handbook . Both Kirby and Peter have family enterprise connections that stretch back to the 19th century and a lifetime of lived experience through various family office model evolutions. Listen in as they share their insights, knowledge, and uncover the many possibilities that a Family Office can grow into. Want to know more about the groundbreaking research Why the Modern Family Office Matters? Head to mutualtrust.com.au or email us at purposeofwealth@mutualtrust.com.au Purpose of Wealth is hosted by Narelle Hooper Producer and editor is Samuel Phelps Executive producer is Lauren McWhirter See omnystudio.com/listener for privacy information.
In this episode, we confront the complexities of new love and the family, and what can happen when a clash of ideals turns a love match into a battle for control. Our guest, Coventry Edwards-Pitt says we need to flip our thinking. Covie is Chief Creative Officer & Founder and Director of The Center for Family Well-being at Ballentine Partners in Boston and has spent 25 years in the wealth advising industry. She’s the author of the Healthy, Wealthy & Wise Collection of books and after a decade's worth of research and conversations on success, what Covie has to say is provocative. Listen in to hear why considering human risk is as important as financial risk, the surprising benefits of a “mouth shut, mind open” attitude, and why sometimes you’ve just gotta pretend you like modern art for the greater good of the family. Want to know more about the groundbreaking research Why the Modern Family Office Matters? Head to mutualtrust.com.au or email us at purposeofwealth@mutualtrust.com.au Purpose of Wealth is hosted by Narelle Hooper Producer and editor is Samuel Phelps Executive producer is Lauren McWhirter See omnystudio.com/listener for privacy information.
