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
Managing Family Office & Wealth
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:
Main Topics Covered During This Training
Who Should Attend
Heads and Members of:
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.
Managing Family Office - A 2 Day Programme
- 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
- 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
- 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
- Transition management
- Grooming the next generation(s)
- Educating and training future family leaders
- Intergenerational or multi generational planning?
- Distribution or growth?
- 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
- Family Dispute Resolution
- Residence and citizenship planning
- Managing the Family Businesses
- Legal support
- Reputation management
- 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
- Phases and cycles
Mechanics of Asset Allocation
- The theoretical backdrop
- Risk and return
- Diversification, correlation and risk
- Asset and Portfolio Risk
- Rebalancing and reallocation
- Relationship with other investment disciplines
- Portfolio Construction
- Alpha generation
- Mergers and acquisition
- 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).
- What kind of courses do you offer?
- How long are your courses?
- Where do you deliver your courses?
- What can I expect from attending your course?
- How do I register?
- What happens after I register?
- How do I pay?
- Whatâ€™s included in the price?
- Do you offer any discounts?
- What is your Cancellation Policy
- Who are your Trainers?