Katherine Hayes spent 25 years as portfolio manager for her family's investment partnership — managing wealth she didn't earn, inside a system built to protect it. In this conversation with Chanda Smith Baker, she opens up about "money morality": the guilt that can come with inherited wealth, the silence families keep around money, and why she walked away from the industry she once worked inside.
Katherine and Chanda talk through hoarding vs. stewardship, why "stockpiling for a rainy day" doesn't hold up when it's already raining, and how she now works directly with other inheritors to help them find their own way through it.
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