Please join NJBIZ and our panel of experts as they discuss the following topics on Family Business:

•   Succession planning and generational transitions

•   Exploring non-family leadership and ownership transitions

•   Governance structures for family-owned companies

•   Legal and financial considerations unique to family businesses

•   Leveraging the family legacy as a competitive advantage

•   Risk management and financial planning

Panelist – Kelly Castro

Founder
Carson’s Cookie Dough

Kelly Castro is a CPA (inactive) with a background in taxation, audit, and corporate finance. Inspired by her son, who has autism, she founded Carson’s Cookie Dough and Just a Taste of NJ, two mission-driven companies that support differently-abled adults. A wife and mother of three boys, Kelly is passionate about disability inclusion and community empowerment.

Panelist – David Plotts

Dir. of Wealth Strategy & Family Wealth/Mg. Dir.
Glenmede

David K. Plotts, CFP®, is the Director of Wealth Strategy & Family Wealth for Glenmede. As the Director of Wealth Strategy, he collaborates with clients, their advisors and the Glenmede team to develop, implement and monitor comprehensive estate and financial plans for multigenerational ultra-high-net-worth families. He is responsible for leading the Wealth Planning practice for Private Wealth clients across all regions and for setting the Wealth Strategy priorities for Glenmede’s client service teams.

In the role of Glenmede’s Director of Family Wealth, Mr. Plotts leads Glenmede’s wealth management practice for entrepreneurial clients and multigenerational ultra-high-net-worth families. This includes the development and management of customized and comprehensive planning, administration, advisory and investment management services.

Mr. Plotts is a member of Glenmede’s Private Wealth leadership team and a member of the Private Wealth Operating Committee.

Prior to joining Glenmede, Mr. Plotts served as a Director in PricewaterhouseCoopers LLPs’ Personal Financial Services group, where he was responsible for advising individuals and families on comprehensive wealth transfer solutions, business succession and income tax planning. Mr. Plotts was also the Market Director of Wealth Strategy at Hawthorn, PNC Family Wealth, where he was part of a regional client service team and was responsible for overseeing the planning process for key ultra-high-net-worth clients.

Mr. Plotts earned his Juris Doctor degree from Rutgers Law School and a Bachelor of Science degree in accounting from Liberty University. He obtained the designation of Certified Public Accountant and is a CERTIFIED FINANCIAL PLANNER . Mr. Plotts is a member of the New Jersey and Pennsylvania Bar Associations and the Philadelphia Estate Planning Council.

Panelist – John Smallwood

President
Smallwood Wealth Management

John L. Smallwood is President of Smallwood Wealth Management and affiliated companies. He is a CERTIFIED FINANCIAL PLANNER™ professional and provides investment consulting and financial plan design for corporate executives, entrepreneurs, and professionals. John’s strength lies in his ability and commitment to continually improve the level and quality of the planning process. It is his objective to provide a process of repositioning assets to help decrease risk, decrease taxation, and increase protection. His clients recognize a coordinated long-term approach to wealth creation and preservation. His dedication to his clients’ growth involves an evolving strategy that strives to meet the demands, desires, and needs of his clients in a continually changing economic environment.