『#48 Jennifer Chandler | Spanish Teacher to $86 Billion』のカバーアート

#48 Jennifer Chandler | Spanish Teacher to $86 Billion

#48 Jennifer Chandler | Spanish Teacher to $86 Billion

無料で聴く

ポッドキャストの詳細を見る
At 20 she was teaching high school Spanish. Today she runs Bank of America in North Texas and an $86 billion practice for foundations.More on Jennifer Chandler and this episode: thedealtablepodcast.com/episodes/jennifer-chandlerJennifer Chandler holds two jobs most banks split between two executives: North Texas president, with roughly 14,000 colleagues, and head of the bank's national endowment and foundation practice, the largest outsourced chief investment office in the world at approximately $86 billion for family foundations, hospital systems, and college endowments.She finished the University of Texas in two and a half years and graduated at 20. Too young, by her own account, for a big institution, so she taught high school Spanish instead. Then Dean Witter took a bet on her, put her through an interview where a room of psychiatrists made her sell a pen over the phone, and sent her to the Twin Towers.The through-line is a claim most philanthropy executives soften, and she does not: capitalism and giving are one flywheel, not opposing forces. She is blunt about the rest of it too. Giving money away well is harder than making it, she says no roughly 90 percent of the time, giving is up while the number of givers falls, and sometimes the honest advice to a nonprofit is to merge or close. Her practical warning to anyone approaching an exit: set up the family foundation before the liquidity event, not two months before closing.Jennifer Chandler is the North Texas president of Bank of America and leads the bank's national endowment and foundation practice, which manages approximately $86 billion. A first-generation college student, she graduated from the University of Texas at 20 and began her career as a high school Spanish teacher. She is the incoming chair of the Dallas Regional Chamber.KEY MOMENTS00:00 I'm a big capitalist06:01 Which is harder, making or giving07:02 Why she started out teaching08:27 Selling a pen to psychiatrists10:14 The largest OCIO in the world12:38 Set up the foundation first18:09 Where the wealth transfer goes41:48 Saying no 90% of the time43:45 Giving is up, givers are down44:47 When a nonprofit should closeNewsletter: thedealtablepodcast.com/connectBank of America: bankofamerica.comBooks from this episode: thedealtablepodcast.com/booksLane Carrick on selling a business, The Optima Advantage: amzn.to/48nLElWFollow The Deal Table: YouTube, LinkedIn, Instagram, Facebook, TikTok, XThe Deal Table is hosted by Ryan Harper and Lane Carrick, filmed in Dallas, and produced by Harper Belmont Media.Sponsored by Capital Southwest, Security National Bank and Blockchain.com.
adbl_web_anon_alc_button_suppression_t1
まだレビューはありません