ΠΕΡΙΓΡΑΦΗ

The family office is increasingly shaping the investment and wealth management map. This programme will practically illustrate the factors driving entrepreneurial families to explore and build their family office model in order to integrate family business continuity, investment planning, tax, estate and succession planning, financial and legacy planning and in alignment with intergenerational wealth management strategies. The course will guide owner-managed family business leaders, finance directors, wealth advisors on how enterprising families adopt alternative family office models – namely embedded family office , virtual family office working with multi-family offices, or develop their autonomous single family office. More specifically alternative governance and legal structures will be evaluated which are geared to help families and their advisors to better manage growth and sustainability of the legacy firm, pursue investment strategies, diversify the asset base and above all to build enduring trust and unity in the family as they plan wealth management across generations and frontiers.

ΣΚΟΠΟΣ ΣΕΜΙΝΑΡΙΟΥ

By the end of the programme, participants will:

• Explain the driving factors for the proliferation of family businesses and business families
• Identify the factors shaping the growth of family offices
• Describe the factors shaping the strategic development of the owner-managed family business from  personal, family, business, management, ownership, governance, financing, wealth estate –succession  perspective.
• Expound failures and success factors for multi-generational family enterprises.
• Enlist family dynamics fuelling conflict
• Clarify the role of Governance, the Board, the Family Council
• Describe shareholders agreements and family constitutions
• Align the family office model with the governance and legal structures of business families
• Evaluate the use of trusts, private trust companies for continuity planning
• List the internal and external factors shaping the business model of the family office
• Prepare the business plan for establishing a Single-family office
• Explain the factors shaping the investment strategy and asset allocation of the family office
• Develop a risk assessment for enterprising families and family offices
• Expound the role of the ‘Family Bank’
• Substantiate the key parameters of the Capital Sufficiency of a Legacy Fund

ΣΕ ΠΟΙΟΥΣ ΑΠΕΥΘΥΝΕΤΑΙ

The programme is addressed to individuals involved in strategically guiding a family business, such as:

• Family business leaders, shareholders and heirs
• CEOs and senior managers of family business groups
• Executive and non-executive directors of family businesses
• Private bankers
• Fund managers
• Compliance Officers
• Executives of Wealth Management Firms
• External Auditors, Lawyers and Financial Consultants

ΠΕΡΙΣΣΟΤΕΡΕΣ ΠΛΗΡΟΦΟΡΙΕΣ

Training Outline 

The Development of the Enterprising Family and the Family Office

• The development of the business family across generations
• Emerging Models for Family Offices

Video & Discussion: Our Family Office Approach video – discussion

Governance Structures for the Family businesses- Business Families

• Introduction to success factors of multi-generational family enterprise systems.
• The development of the owner-managed family business model
• The Unifying Governance –Board and Family Council , the Family office
• The Family Constitution in practice

Case study & Discussion: The Family Constitution and our Family Office

The evolution of the Family Office

• Types of family offices
• Legal and Governance schemes for Family offices
• The operational model and compliance issues
• The ‘Family Bank’ model

Wealth, Investment and Risk Management

• Investment Strategy
• Risk Management
• Aligning Goals of Family Office professionals and Families
• The next generation challenges
• Your road map

Training Style 

The programme is designed to deliver high-level knowledge and insights into the best practices in the governance of business families and family offices. It will strive to enhance participants’ skills and knowledge via lectures supported by power-point presentations and practical examples. The training style is both didactic-focused, involving a combination of presentation and real-live examples, but also learner-focused, where participants are encouraged to interact via questions, exchange opinions from their different perspectives and engage in an exchange of views and personal professional experiences. 

CPD Recognition 

This programme may be approved for up to 7 CPD units in Personal and Professional Development. Eligibility criteria and CPD Units are verified directly by your association, regulator or other bodies which you hold membership.