No one ever achieves an award like this without the support and help of many people…my team members at Mack and all our wonderful clients and friends in the industry.
CHICAGO (PRWEB) December 10, 2019
Linda Mack received the 2019 Lifetime Achievement Award during The Family Wealth Alliance Fall Forum held in Chicago on October 17th. Tom Livergood, Founder and CEO of FWA described Linda as “…a true pioneer who helped develop industry-first standards for family office (C-suite) staff configurations and compensation models that many of us use today. For all that Linda has done for families and the family wealth industry, we're honored to have presented her with this award.”
The Family Wealth Alliance is an independent and objective resource to private families and the firms that serve them. The Alliance is known for adherence to its core value, “We Place Families First.” Led by research and consulting, they act as an independent advocate and objective resource for private families and the organizations that serve them. The firm helps private families find best-in-class multifamily offices throughout North America, as well as consulting with single-family office firms on their strategic alternatives. The Alliance also formulates standards, conducts, publishes and distributes its research, and serves as an advocate to further the body of knowledge in this field.
Jamie McLaughlin, founder of J.H. McLaughlin & Co., wrote and read the Citation and presented Linda Mack with her award. He noted Linda’s roots as part of an entrepreneurial family, her early career in commercial banking managing relationships with family-held enterprises for Northern Trust and Harris Bank, and eventual call of talent management and consulting where she rose to senior positions at Harris. Eventually joining Johnson, Smith & Knisely and later becoming a partner in TMP’s global financial services practice where she “…began to concentrate on private banking and wealth management well before the term “family office” entered the lexicon.” Upon starting Mack International in 2002, Mr. McLaughlin said, “Linda focused on branding herself to this emerging industry and her firm and brand grew; and globally.” He described her as “determined and intensely competitive, possessing an uncommon combination of energy and derring-do…always striving to do better and improve.” He offered that those who have worked alongside Linda call her “brilliant and “intuitive”—"prodigious in her output, demanding in her attention to detail.” The citation concluded with highlighting Linda’s many contributions:
“She’s been a selfless giver to our inchoate family office industry and a champion for its cause. She’s among the most visible people in the family office ecosystem—at the leading global conferences, she’s built deep networks and gleaned valuable market intelligence. She’s been a direct part of the institutionalization of the family office “industry” not only leading major searches and consulting assignments for families, but in the absence of any data or standards, framing and rationalizing standards for family office staff configurations and various compensation models…Linda has been a tireless supporter of the Family Wealth Alliance from its inception in 2003 and is truly deserving and perhaps overdue in being honored with this award…”
Linda accepted the award on behalf of the clients and colleagues who helped build the company that bears her name. “No one ever achieves an award like this without the support and help of many people…my team members at Mack and all our wonderful clients and friends in the industry.” She commented that Mack International and FWA share the same core value: Placing families first. She thanked Jamie McLaughlin for his kind words and Tom Livergood as “a terrific friend and inspiration for the work he does and the great community he has built at Family Wealth Alliance along with all the contributions he has made to the family wealth industry.”
Linda thanked everyone for the “honor and privilege of this distinction” and offered a parting thought. “I humbly accept this tremendous award. I’m counting on a lot more “lifetime” to continue contributing and enjoying an industry that I find profoundly meaningful and full of satisfaction.”
About Mack International
Mack International is the premier, a boutique retained executive search and strategic management/human capital consulting firm serving national and international clients in the family office, family business enterprise and the wealth management industries on a national and international basis. Founded in 2002, the firm has achieved an exceptional track record of success as evidenced by its unmatched industry expertise, in-depth market knowledge and unparalleled track record of success. Founder and President, Linda C. Mack has established proprietary methodologies such as the Mack 360© and is credited for having coined the term “expert generalist” in the industry.