How To Keep Your Money

How To Keep Your Money is an interview series led by Caroline Garnham, who introduces herself as being from the boutique law firm Garnham Family Office Services and as founder and CEO of Caroline's Club. Her usual opening states the premise: having a good lawyer is only part of the solution, so she interviews people from her wider professional network. The conversations are prepared, not casual. Garnham tends to start with a guest's background and a concrete institutional or client situation before asking for an explanation, and guests then get long, uninterrupted stretches to answer. The vocabulary is technical, but specialist detail usually comes back to what it means for a client. The clearest example comes from Beulah Van Wyk. Van Wyk describes an integrated plant where the mining side separated easily but the chemicals and liquid fuels side could not be physically divided between two charters, each of which required ownership of the assets. Solving it took technical, legal and finance people working together to draw plant boundaries and set transfer pricing between the streams. It is dense, and it is concrete. Iskra Martin of Azura Partners covers the relationship side: clients who have been there since the very beginning, trust built through difficult moments, and helping pass wealth to children and grandchildren. Martin also speaks gravely about clients who are suffering because of geopolitical factors they had no part in. Kate Maguire is introduced as a family office general practitioner who trained as a corporate lawyer, in an episode titled 'The Intricacies of Family Office Management. Kate Maguire'. Matthew Steiner of Stellar is introduced through that asset manager's focus on investing for the next generation. The guest list is wider than the show's name suggests. In a conversation with Dr. Jacqueline Champagne of Nine Psychology, the talk covers mental health support in boarding schools, and Garnham asks whether the rise in autism and ADHD diagnoses reflects better understanding or other factors. Rachel Staunton, speaking about the London Youth Choirs, recalls finding out, the day before a Royal Albert Hall show, how little of her kidney function was left, and describes the dialysis that followed. Garnham's own outlook runs under all of this. In one introduction she recalls being told, when she was put in charge of a department, that her team had to make a city rate of profit or leave, and she says strategic business development has been her passion ever since. Several episodes close with an invitation to professionals to join what she calls the Client First revolution and to be more visible for the work they do for their clients. For the most technical material, start with the Beulah Van Wyk conversation; for the human side of advising on private wealth, try the Iskra Martin episode.