Our founder and CEO shares his insights on wealth and family offices regularly with the press, on-podcasts, and at live events. Learn more about David and his recent appearances below.
David C Wells Jr
Strategist – Author – Adviser
– Founder and CEO of Family Capital Strategy
– Board member
David has loved using strategic insights to drive organizations forward for as long as he can remember. Across his background as a 4x entrepreneur, board member of for and not-for profit organizations, and an author, his focus is on helping to clearly distill the questions organizations face and then formulate an appropriate response.
David began consulting after founding his first company in high school helping businesses with technology. Since then, he has helped build organizations of all types including:
- Large, multi-national financial services firms
- Private equity funds
- Regional wealth management firms
- Education focused non-profits
In 2019, he founded Family Capital Strategy to work with family members and executives of family offices / family-owned companies to help them think strategically about wealth and build world-class family wealth management organizations. Prior to founding the firm, David was a partner at a large asset management firm in Nashville after spending many years as a fundamental investor and analyst.
David has and continues to serve in a broad range of governance roles. David is the Chairman of the Board and Chairman of the Investment Committee for the private trust company of a 75 member Midwestern family. As well, he currently serves as Chairman of the Board of Nashville Classical Charter School, one of the top-performing schools in the state of Tennessee. He is also on the Board of 21/64, a national practice advising family philanthropies.
An Eagle Scout, David is a graduate of Wake Forest University, magna cum laude, Beta Gamma Sigma. He has completed executive education course work on Family Business Governance at Northwestern University’s Kellogg School of Management. Additionally, he is a Chartered Financial Analyst (CFA) charter holder. He is also a 21/64 Certified Advisor for those who work in an advisory role with multi-generational families.
He was recognized in 2017 as one of Nashville’s Forty under Forty and in 2019 as a recipient of a Nashville Emerging Leader Award – Financial Services Industry. In 2020, he was recognized by the Nashville Post as part of their All Star Board.
With over 15 years of experience conducting strategic and investment analysis, David founded the firm in 2019. Previously, David was a Partner at a ~$900MM Registered Investment Advisor where he worked closely with families and institutions at the intersection of investment, strategy and governance. David has and continues to serve in a broad range of governance roles. David is the Chairman of the Board and Chairman of the Investment Committee for the private trust company of a 75 member Midwestern family. He was recognized in 2017 as one of Nashville’s Forty under Forty and in 2019 as a recipient of a Nashville Emerging Leader Award – Financial Services Industry. In 2020, he was recognized by the Nashville Post as part of their All Star Board.
March 2020 - Small Business Advocate
March 2020 - CNBC
Feb 2020 - Interview/Quoted - MSN
Feb 2020 - Interview/Quoted - CNBC
Feb 2020 - Interview - ABC 10 Sacramento
Feb 2020 - Guest - Canada Talks - Sirius XM
Also posted under the Moolala podcast here
Jan 2020 - Guest Post - ValueWalk
Guest post on ValueWalk here
Dec 2020 - Guest Post - CEO World Magazine
Recently, I was asked to guest post over at Ceoworld Magazine – post here. The focus of the piece was on why corporate strategy efforts are often a waste of time and why family owned companies often have indigestion about even discussing ‘strategy,’ as so-often strategy means no longer entrepreneurial /nimble.
Dec 2020 - Guest Interview - The Natasha Hall Show
Interview on The Natasha Hall Show in Montreal
July 2020 - FCS Founder Named to Nashville Post’s 2020 All-Star Board
Family Capital Strategy is pleased to announce that Founder, David Wells, was named recently to Nashville Post’s 2020 All-Star Board. The Nashville Post’s announcement and profile of David are available here.
Nashville Chamber of Commerce - 2019 Emerging Leader Award - Financial Services Winner
Nashville Business Journal - 40 Under 40: David Wells
Read more here
Guest Post - Bacon on the BookShelf
Guest Post – Bacon on the Bookshelf – Taking Care of Business Why is it that some businesses are so wonderful to do business with and others so awful?
April 2020 - Results Leader.FM
March 2020 - The Alain Guillot Show
March 2020 - The Lou Hutt Show - SiriusXM
March 2020 - Office Hours with David Meltzer
Feb 2020 - Behind the Seens - Facebook Live Guest
Feb 2020 - Moolala - Money Made Simple Podcast
Jan 2020 - Avoiding Shirtsleeves to Shirtsleeves - Wealth, Actually Podcast
I was a podcast guest on Frazer Rice’s “Wealth, Actually” podcast. We discussed my new book and how families can avoid the shirtsleeves to shirtsleeves proverb. Replay is available here
Dec 2020 - Colloqium Podcast Interview
Interview with Brian Adams and the Colloquium Podcast – listen here
March 2020 - Where to deploy capital in the midst of COVID-19? - Excelsior Capital Podcast
The outbreak of COVID-19 has left the stock market extremely volatile, introducing a level of uncertainty that’s unlike anything we’ve ever experienced. With each day drastically different than the next, investors are left asking ”what should I do now?” Do I stay invested, possibly even increasing my exposure to the capital markets, or is now the time to reallocate to less-correlated private equity offerings?
Watch the replay here
Interview – Family Business Today Podcast – Family Governance
David regularly speaks with diverse audiences at conferences, family summits, seminars, and on panels. If you have an upcoming event, please contact us to learn more.
December 2020 - Webinar - Your Wealth After the Pandemic
After a year like 2020, how should you begin to think about the future and potential implications on your wealth?
The place to begin is with 2 problems underlying how humans approach change. Only by understanding those two, can you make a plan of how to go forward
Replay available here
Nov 2020 - YPO Webinar - Strategic Planning & The Family Enterprise
Families enterprises pride themselves on nimbleness and responsiveness to opportunity. Strategy as it is typically thought of seems stale for a dynamic marketplace – too many day-long retreats producing lengthy binders that are never touched again. We will look at:
- What is strategy and what it is not?
- How is it different in a family enterprise?
- Why every family enterprise needs one
- Obstacles to building a strategy within families
Aug 2020 - 21/64 - Family Office Gathering
Spoke regarding strategy of family offices in 2020
March 2020 – Panelist – Family Office Connect 2020
Family Offices 101 – What is an Effective Family Office
Moderator – South Eastern Family Office Forum – “After Liquidity – What’s Next?”
Moderated discussion at South Eastern Family Office Forum
Keynote – Exit Planning Institute – “The Path of Prudence at the End of the Market Cycle”
Slides from the talk are here
Speaker – Consumption, Hospitality, and Wealth
Panelist – South Eastern Family Office Forum – “Passing Values Through the Generations”
Speaker – The Paradox of Consumption and Generosity
Guest Post - Dreaming a Bit Bigger About Education
Guest Lecture - "So You Want to be a Stock Picker"
Panelist - Vanderbilt Law School on Investment Management
Panel discussion at Vanderbilt Law School about the legal world’s overlap with investment management.