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The Wealth Enterprise Briefing

WE Family Offices
Private Credit
Federal Reserve
Inflation
Artificial Intelligence
Fixed Income
Tariffs
Equities
Hedge Funds
Real Assets
Private Equity
WE Family Offices
Real Estate
Emerging Markets
Private Markets
10-Year Treasury Yield
Diversification
Inflationary Growth
Business Development Companies
Secondary Market
United States Economy

The Wealth Enterprise Briefing highlights the latest trends in investment strategies for ultra-high-net-worth families. Join host Michael Zeuner, Managing Partner at WE Family Offices for interviews with industry experts about financial news and investment topics impacting enterprising families.

PublishesTwice monthlyEpisodes89Founded3 years ago
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BusinessNewsInvestingBusiness News

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Latest Episodes

Initial public offerings are back in the news. Between the recent SpaceX offering and several high-profile, venture-backed companies preparing to list, investors are paying close attention to the public markets again after a quiet multi-year stretch.... more

What helps some families preserve wealth across generations while others struggle to maintain it?

According to Mel Lagomasino, Managing Partner at WE Family Offices, successful multi-generational families tend to share three characteristics: a clear... more

For most of the past 15 years, the case for investing outside the U.S. was a difficult one to make. American equity markets, driven by technology and the mega-cap boom, outperformed international developed markets by a wide margin. But something has ... more

When global equity markets are up 10% YTD, the temptation is to read that as a broadly shared outcome, but it's not. Beneath the headline figure, individual markets are moving in sharply different directions, driven by forces that have almost nothing... more

Hedge funds carry a mixed reputation among investors. Concerns about fees, tax implications and limited liquidity are real considerations. But so is the value they can add in the right portfolio for the right investor.

In the latest episode of The W... more

For the past several weeks, global markets have been gripped by the uncertainty surrounding the conflict in the Middle East. But with a temporary ceasefire underway and negotiations begun, the picture is starting to shift. Equity markets have staged ... more

For much of the past 15 years, emerging markets (EM) equities have been a difficult place to invest, marked by significant risk and limited returns relative to U.S. equities. But last year, EM outperformed U.S. equities by its largest margin in years... more

When the conflict with Iran first escalated, markets reacted with fear and uncertainty. A month later, the nature of the shock has changed. What began as a volatility event is evolving into an inflation event, and the data is starting to reflect this... more

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Recent Guests

Maria Elena Lagomasino
Managing Partner at WE Family Offices, known as Mel
WE Family Offices
Episode: Inside the Family Office: What Do Successful Multi-Generational Families Have in Common?
Sam Sudame
Global head of macro at WE Family Offices
WE Family Offices
Episode: What Does the Conflict With Iran Mean for Global Markets?
Matt Farrell
Deputy CIO, WE Family Offices
WE Family Offices
Episode: Understanding Today’s Secondary Market: 2025 Trends & Opportunities

Host

Michael Zeuner
Host of The Wealth Enterprise Briefing, WE Family Offices; Managing Partner at WE Family Offices; leads discussions on macro markets and UHNW wealth strategies.

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Talking Points

Recent interactions between the hosts and their guests.

Mid-Year Review: Staying Disciplined Amid Mixed Signals
Q: Okay, so what were we most concerned about at the start of the year, and how have things played out on those fronts over the past seven months?
We anticipated high uncertainty due to new policy directions, especially tariffs, with expectations for tax cuts and deregulation to boost growth; in practice tariffs became a real constraint, tax policy clarity emerged, and the economy showed signs of cooling with inflation rising and growth moderating, while earnings resilience depended on the balance between policy effects and market sentiment.
How Diligence and Discipline Shape Outcomes in Private Credit
Q: What makes a private credit manager differentiate in a crowded market besides speed to close?
Differentiation comes from a strong underwriting process, proprietary deal flow that enables more covenants, and a track record that shows effective loss mitigation and disciplined workouts.
How Diligence and Discipline Shape Outcomes in Private Credit
Q: Okay. So, when you think about those lenders, right, how should families and investors think about selecting private credit managers?
They should assess whether managers run robust diligence, have meaningful collateral verification, and maintain covenants to protect lenders, rather than prioritizing speed to close at the expense of risk controls.
What Does the Conflict With Iran Mean for Global Markets?
Q: From where we sit today, what's been the impact of this geopolitical event on the capital markets in the last week or so?
Sam explains that markets have priced in a temporary disruption with a risk premium on energy; the focus is on the duration of hostilities and disruption through Hormuz, with markets indicating a short-lived impact rather than a systemic shock.
Putting AI-Driven Valuations in Context and What Investors Should Know
Q: And how would you... see signs of a bubble?
Sam explains that you assess what is driving stock prices, looking for valuations supported by defensible fundamentals versus prices driven by unmet or unrealistic assumptions. He also highlights how indicators like PEG ratios and earnings growth help distinguish a rational uptrend from bubble dynamics.

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Frequently Asked Questions About The Wealth Enterprise Briefing

What is The Wealth Enterprise Briefing about and what kind of topics does it cover?

The program centers on macroeconomics, global markets, and sophisticated investment strategies tailored for ultra-high-net-worth families. Episodes frequently feature WE Family Offices executives and external macro analysts to unpack how geopolitical events, AI-driven productivity, inflationary environments, and market structure influence portfolio construction, diversification, and private markets allocations. A recurring theme is balancing US-driven growth with international opportunities, while weighing risk factors like energy shocks, rate volatility, and geopolitical tensions. Notable strengths include access to high-conviction, macro-driven perspectives from insiders and guests who translate complex trends into actionable strategies f... more

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1. WSJ What’s News
2. Wait Wait... Don't Tell Me!

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The Wealth Enterprise Briefing launched 3 years ago and published 89 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on The Wealth Enterprise Briefing?

Recent guests on The Wealth Enterprise Briefing include:

1. Maria Elena Lagomasino
2. Sam Sudame
3. Matt Farrell

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