Where Business, Wealth and Family Decisions Come Together
We work with business-owning families to navigate generational transition, ownership complexity, and long-term legacy, ensuring decisions across business, wealth, and family are fully aligned.
Michael Palumbos is the founder of Family Wealth and Legacy and the creator of the Family Business Flywheel. He is also a second generation family wealth advisor. Shaped by a 25 year journey integrating wealth advising, family dynamics, and disciplined business execution, he helps family business CEOs align governance, family office coordination, and transition planning. A founding member of the Purposeful Planning Institute and a Metronomicscertified coach, he leads families utilizing the Stuart Smith Serve First Philosophy. As a husband, father of seven, and grandparent, he knows what’s at stake.
With more than four decades of experience, Martin Palumbos has advised families through some of their most complex financial and generational decisions. He is the founder of the Family Business Flywheel™ framework, built on the belief that lasting success comes from aligning business, wealth, and family decisions not treating them in isolation.
His work continues to focus on helping families navigate transition with clarity, structure, and long-term perspective.
CFP® CFA™ CPFA®
Zach helps families align their investment strategies and financial plans within the Family Business Flywheel™, focusing on retirement, wealth optimization, and long-term growth.
Steve supports the planning team by preparing analyses, organizing data, and coordinating deliverables within the Family Business Flywheel™, ensuring every detail moves forward smoothly.
CFP® · CPA · PFS · ChFC® · CBEC®
Dan combines deep technical expertise with the Family Business Flywheel, helping families align financial, tax, and transition strategies to create clarity, continuity, and long-term momentum.
MBA · CPA
Mark specializes in designing compensation and incentive strategies aligned with the Family Business Flywheel helping families attract, retain, and reward talent while driving long-term value.
Jeffrey supports the Family Business Flywheel with deep experience in financial plan design and technical strategy, helping families implement thoughtful, coordinated planning solutions.
With over 30 years of experience, Dianna specializes in business succession, estate, and retirement planning—serving the complex needs of closely held business owners with thoughtful, client-first solutions.
As a Registered Representative of Osaic Wealth(Series 6, 66, and 7), licensed in Life and Health insurance and on the path to becoming a Certified Business Exit Consultant (CBEC), Matt's dedication to financial planning is underpinned by the “serve first” philosophy. This principle guides his day-to-day interactions with clients, where he finds great satisfaction in the continuous appreciation shown for the knowledge and assistance provided. Matt excels in walking clients through financial planning strategies and works closely with the entire Woodlawn Team to ensure clients receive comprehensive and tailored financial guidance.
Engaging with people on matters important to them is central to my practice. I work to build trust, gather objective information, and uncover what truly motivates my clients. Collaborating with my team, we develop objective alternatives and educate clients on their options. The challenge of implementing these steps and hosting family meetings to bring everything together sets us apart.
Helping families navigate their complex problems with simple solutions is at the core of my practice. I thrive on asking tough questions and pushing clients to embrace change, all while providing the education needed to realize their potential. The excitement my clients express when they see the results of our collaboration inspires me to continually seek new opportunities to serve.
Kristina Rocci heads digital strategy and content for Family Wealth and Legacy across multiple channels, attracting family businesses with the flywheel framework.
Hope Maniatis supports the coordination and execution of client work within the Family Wealth & Legacy team, helping ensure that strategies across business, wealth, and family are implemented seamlessly. She plays a key role in maintaining organization, communication, and follow-through bringing structure to complex situations where multiple moving parts need to stay aligned.
Amelia Mendez supports the Family Wealth & Legacy team in coordinating client work across wealth, business, and legacy planning. She helps ensure that strategies are organized, aligned, and executed effectively, bringing structure to complex situations where multiple decisions and stakeholders are involved.
Built by Family Business Owners.
For Family Business Owners.
The Family Business Family Office, powered by the Family Business Flywheel, helps multi-generational family business leaders protect what they’ve built, prepare the next generation, and create lasting continuity across business, wealth, and family.
Inspired by Marty Palumbos and now led by his son Michael, we serve the kind of business we know best - family businesses.
Our mission is simple:
Help successful, middle-market family enterprises install a Family Business Family Office™ a coordinated system designed to bring alignment where it’s often missing.
This isn’t about selling products or managing investments.
It’s about growing, protecting, and restoring what matters most:
Relationships. Responsibility. Resilience.
Our Values
A practical partner for long term decisions
At Family Wealth & Legacy, how we work matters as much as what we deliver.
These principles guide how we navigate complexity, make decisions, and show up for the families we serve.
We’re not actively hiring but we’re always open to meeting exceptional individuals who are drawn to complex work and long-term impact.
If you care about helping families navigate the intersection of business, wealth, and legacy and want to be part of a team that values clarity, ownership, and depth we’d like to hear from you.
If you are interested please send a short introduction and your resume to info@teamfwl.com.
Get Started
Ready to bring alignment to what you’ve built?
Most families don’t struggle from lack of advice,
they struggle because business, wealth and family decisions aren’t coordinated.
We help you bring everything into alignment so you can move forward with clarity, confidence and continuity.
Check the background of your financial professional on FINRA’s BrokerCheck. The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation.  This communication is strictly intended for individuals residing in the states of Arizona, California, Florida, Indiana, Maryland, Michigan, Minnesota, Nebraska, New York, North Carolina, Ohio, Rhode Island, South Carolina, Virgina. No offers may be made or accepted from any resident outside the specific state(s) referenced.  Michael Palumbos, CA Insurance License #0H56023. Securities and investment advisory services offered through Osaic Wealth, Inc. , member FINRA/SIPC. Osaic Wealth, Inc. is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth, Inc. *Associated persons of Osaic Wealth, Inc.  who hold a JD and/or CPA license do not offer tax or legal advice on behalf of the firm. Osaic Wealth, Inc.  and its representatives do not offer tax or legal advice. Individuals should consult their tax or legal professionals regarding their specific circumstances.
Let's Get Started
Clarity starts with a conversation.
Whether you're navigating growth, succession or complexity across business, family and wealth reach out and we’ll help you determine the right next step.
