Distinguished banker Marlon P. Young has joined the Cambridge Family Enterprise Group (CFEG) as a Senior Advisor and Associate Partner. CFEG is a leading, global advisory, education, and research organization dedicated to helping enterprising families build shareholder value and achieve multigenerational success.
CFEG Founder and Chairman, Dr. John A. Davis, welcomed Young, saying, “Marlon brings a deep understanding of how affluent families, wealth management, and international banking intersect to shape long-term wealth and diversification strategies.” Davis continued, “Thanks to Marlon’s more than 35 years of experience in private banking, corporate banking, wealth management, and advising entrepreneurs and family enterprises around the world, CFEG clients will be well served as they navigate the challenges of global wealth, family offices, and multigenerational continuity.”
For the past 37 years, Young has held senior executive positions at both Citigroup and HSBC, culminating in overseeing a private banking operation with $72 billion under management.
“Throughout my career, the issue that arose again and again was how to build, strengthen, and maintain strong families; that’s always been crucial and fundamental,” said Young. “Having the opportunity now to focus directly on the sustainability of families and their enterprises by way of family governance, corporate governance, leadership, ownership, family offices, and multigenerational wealth strategy is truly rewarding. Doing so as part of the leading firm in this field is particularly gratifying.”
“I grew up in a family business,” said Young, “and I have firsthand experience in the ways that family dynamics and business ownership influence each other. I was born in the Philippines to Chinese parents, and I’ve lived and worked on three continents, so I deeply appreciate the nuances and importance of culture, tradition, and social norms to all families. Having said that, it is surprising how similar the issues are that families from continent to continent face.”
Mr. Young earned his M.B.A. from the Asian Institute of Management in the Philippines and his B.S. in education from the University of South Dakota. He is based in New York City, but his work takes him throughout North and South America as well as Southeast Asia.
The Cambridge Family Enterprise Group (CFEG), founded in 1989, is a global advisory, education, and research organization dedicated to family-owned enterprises. With offices in the United States, Brazil, and China, CFEG helps families in business achieve transformative change and multigenerational success for their families, ownership groups, businesses, and financial wealth. cfeg.com