What past delegates say?

“Very satisfying. Looking forward to other courses.

Chairman, ITAG, Panama

"Great course and excellent trainer. I can recommend it to everyone."

Senior Wealth Manager, Credit Suisse

"Excellent! Very well presented, all very usefull information and food for thought and action."

Director, Clad Ltd. Nigeria

"I have many ideas to return to my office with." 

Assistant to the Chariman, Brian Marsh Enterprises Ltd

 

 

Media Partners




Managing Family Office & Wealth

Register Now

2-3 Oct 2014 London

Special Summer Offer until 25 of July £1750 + VAT. Save £420!

Regular Price £2095 + VAT. Group discount: 5% for 2 and 10% for 3 people.

Course Description

This 2 day practical programme for family office representatives, family members and wealth managers explores the best strategies for preserving family wealth and managing a modern family office. 

You will have a chance to explore the family governance mechanisms, intergenerational wealth transfer, managing complexities of international wealth mobility and succession planning. You will also learn about the operational setting and asset allocation, cost and risk management, tax advisory and philanthropy.

Run by an expert in family office and services for high net worth clients this course focuses on the latest  market trends and effective wealth preservation strategies.

What Will You Learn

By the end of this course you will: 

  • Have an in-depth practical understanding of the structure of a family office and effective family office management approaches
  • Learn about family governance mechanisms 
  • Explore how to structure wealth and manage intergenerational wealth transfer
  • Manage family office from choosing an advisor, to cost and reputation management as well as asset allocation strategies
  • Explore different services provided by family office and how to arrange them
  • Understand the latest changes in the wealth management sector

Main Topics Covered During This Training

  • Structuring of family office and governance mechanisms
  • Developing the family “mission and values”
  • Dealing with complex family structures
  • Understanding change over the life cycle of family businesses and succession planning
  • Mobility of wealth & the family business
  • Intergenerational wealth transfer
  • Services provided by a family office
  • Selecting advisors and cost management
  • Asset allocation mechanics and optimisation
  • Investments of passion
  • Tax management and advisory
  • Performance measurement and reward systems
  • Wealth structuring and fiduciary services
  • Financial planning
  • Philanthropy
  • Reputation management
  • Valuation of the family business
  • Current challenges and the changing role of the family office

Who Should Attend

Heads and Members of:

  • Multi and Single Family Offices 
  • Wealth Managers
  • Private Bankers
  • Client Relationship Managers
  • Consultants
  • Heads of Family Services
  • Head of Business Development
  • Financial Planners

The course is designed for family office professionals and wealth managers and will give you an insight into the best practices for wealth management and wealth preservation.

Register Now

2-3 Oct 2014 London

Special Summer Offer until 25 of July £1750 + VAT. Save £420!

Regular Price £2095 + VAT. Group discount: 5% for 2 and 10% for 3 people.

Managing Family Office - A 2 Day Programme

Introduction

  • What is a Family Office?
  • Evolution of the Family Office concept
  • History and origins
  • Typical objectives and structures
  • Overview of different operating models: single family office, boutique multi family office, financial services multi family office and wealth manager
  • Current issues and challenges
  • The future  - the changing role of the family office
 
Managing the Family office
 
  • The “make” or “buy” decision
  • Considerations when establishing a Family Office
  • Multiple family office vs private bank
  • Selecting advisors
  • Managing advisor networks – coordination and collaboration
  • The role of technology
  • Cost management
  • Risk management – wealth preservation and protection
  • Asset protection
  • Dealing with investments of passion
  • Behavioural and emotional aspects to investment decision making
 
Family Governance and dynamics
 
  • The Family Constitution - formal or informal?
  • Structure and governance mechanisms
  • Performance Measurement and reward systems
  • How motivated are family members?
  • Dealing with “complex family structures”
  • Conflict Management
 
Succession Planning
 
  • Transition management
  • Grooming the next generation(s)
  • Educating and training future family leaders
  • Intergenerational or multi generational planning?
  • Distribution or growth?
 
An overview of the services of a Family Office
 
  • Investment strategy and asset allocation
  • Implementation and monitoring the portfolio management process 
  • Access to alternative assets – special considerations for Family Offices
  • Tax management and advisory 
  • Cash flow management and budgeting 
  • Wealth structuring and fiduciary services
  • Multigenerational wealth transfer and succession planning 
  • Financial planning and advisory 
  • Philanthropy
  • Family Dispute Resolution
  • Residence and citizenship planning
  • Managing the Family Businesses
  • Legal support
  • Reputation management
  • Bookkeeping
  • Concierge
  • Luxury Assets

Understanding Asset Allocation

  • Essential elements
  • The investment management process
  • The risks and rewards of Asset Allocation
  • The “process”
  • Types of asset allocation: strategic and tactical
  • Integrated
  • Phases and cycles 

 

Mechanics of Asset Allocation

  • The theoretical backdrop
  • Risk and return
  • Diversification, correlation  and risk
  • Asset and Portfolio Risk
  • Optimisation
  • Rebalancing and reallocation 
  • Relationship with other investment disciplines
  • Portfolio Construction
  • Alpha generation 
 
Valuation of the family business
  • Entry
  • Expansion
  • Exit
  • Mergers and acquisition
  • Marriage
 
Trends in the Family Office industry
  • Developing new sources of knowledge
  • The “globalization” of the high net worth family
  • “Specialization” with multiple providers or “one-stop shop”
  • Networking groups

Our Course Director is currently working as a trainer and consultant focusing on the wealth management needs of high net worth private clients, their families and their businesses.  

Prior to this Bill worked in the international private banking market for almost 20 years. His private banking career began with Royal Bank of Canada where he spent 15 years in a variety of senior roles covering all aspects of the international wealth management business both onshore (London) and offshore (Bermuda).

Bill has broad general wealth management experience but his particular area of expertise is developing financial planning solutions for international high net worth private clients and their businesses who have complex cross border planning issues. In addition to wealth structuring, tax and estate planning the practice also advises on the specific challenges in establishing and growing a successful family enterprise.

During his career Bill has had responsibility for designing and delivering financial education programmes for professional staff and wealthy families in the Middle East, Europe, USA, Canada, South America and Africa. Bill is currently developing and delivering training programmes for international banks, private banks, wealth managers, family offices, professional bodies and regulators covering a broad range of financial, investment and soft skills subjects.

Bill is a Chartered Accountant (FCA), Trust and Estate Practitioner (TEP) and Financial Planner (DipPFS).

* - Fields marked with a star are obligatory.

Your privacy is important to us and we will not share your details with any third-party.

Submit

Thank you for your interest in our company and your enquiry. We will contact you shortly.

In the meantime, did you have a chance to see what our clients say about us?

Follow us on:


* - Fields marked with a star are obligatory.

Your privacy is important to us and we will not share your details with any third-party.

Subscribe

Thank you for your interest in our company and your enquiry. We will contact you shortly.

In the meantime, did you have a chance to see what our clients say about us?

Follow us on:

Managing Family Office & Wealth <p>This 2 day practical programme for family office representatives, family members and wealth managers explores the best strategies for preserving family wealth and managing a modern family office.&nbsp;</p> <p>You will have a chance to explore the family governance mechanisms, intergenerational wealth transfer, managing complexities of international wealth mobility and succession planning.&nbsp; ... London