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May 27, 2024

Inside the World of Family Offices

As the host of Capitalist Culture, I'm thrilled to share with you the highlights from our latest episode, featuring none other than Kevin Bormann, the esteemed CFO of the Arthur M. Blank Family Office.

In our conversation, Kevin peeled back the curtain on the world of family offices, revealing the core values that drive their success: giving back, prioritizing people, and fostering continuous innovation. His admiration for Arthur Blank's business prowess is palpable, and he shares fascinating anecdotes about the entrepreneurs who've made their mark through self-belief and the strategic hiring of top talent.

But what truly sets apart the wealth creators and entrepreneurs Kevin has encountered? It's their unshakeable belief in their vision, their readiness to embrace risk, and their ability to steer clear of opportunists. For those of you leading growth-stage businesses or investment groups, these insights are golden.

Kevin also imparts sage advice for the budding entrepreneurs among us: seize the day and take those risks, especially when you're less encumbered by financial ties. The entrepreneurial journey offers unparalleled flexibility and responsibility, regardless of your industry.

Lastly, we delve into the art of legacy-building within family offices. From communication to motivation and philanthropy, Kevin discusses the diverse strategies that shape the enduring legacies of successful family offices.

I invite you to join us for this enlightening episode. Whether you're an established business owner or an aspiring entrepreneur, Kevin's experiences and advice are sure to inspire and guide you on your path to success.

Here is a link to the book he wrote that I referenced in the podcast:  https://www.harpercollins.com/pages/arthurblank/

Kevin Bormann Profile Photo

Kevin Bormann

Chief Financial Officer, Arthur M. Blank Family Office

KEVIN BORMANN assumed the role of Chief Financial Officer of the Arthur M. Blank Family Office in October 2022. Bormann is responsible for all financial reporting, accounting, risk management, budgeting, tax and management of various banking relationships for Arthur and the Family Office. Prior to joining the Family Office, Bormann spent 10 years as Managing Director, Family Office Advisory at Ascent Private Capital Management. Earlier in his career, he served as Chief Financial Officer of two family offices in Texas after a five year stint at Ernst & Young LLP. He is a CPA and a CFA Charter holder with a degree from Texas A&M University. He and his wife, Carissa, have four children (ages 15-22) and enjoy hiking, watching their children play sports almost anything outdoors.