What you'll learn
Understand ultra-high net worth (UHNW) family challenges.
Have a good background on UHNW profiles and geography.
Learn to structure large portfolios for quasi-institutional clients.
Understand the mechanics and organation of a family office.
Have the financial and legal culture necessary to handle UHNW issues.
Intermediate financial analysis.
Banking and wealth management experience.
No required knowledge of family offices.
The objectives of this course are to allow industry participants to obtain a better understanding of the emerging Family Office sector, a crucial growth area for the wealth-management industry worldwide.
We will present a global landscape of Ultra-High Net Worth (UHNW) and their family offices (FO’s) since the beginning of the 20th Century as well the current status of the sector, including key regional centres and their client specificities.
Participants will leave with a better understanding of UHNW family dynamics and modern frameworks for family interactions. We will discuss shareholder & investor values and wealth management beliefs for entrepreneurial families as well as the structure of investment guidelines and risk vs. return targets.
We will review contemporary industry standards that FO’s and private funds use to set up their processes: IFRS, corporate codes, ESG, UN-PRI., as well as the use of these governance tools at the family and enterprise levels to strengthen management skills of the next generation (NextGen).
Participants will learn details of family holding and family office organisational structures, their talent pool and operational platforms. We will discuss reporting packages used to monitor enterprise and portfolio risks.
By the end of the course, participants will be better able to understand and address key needs and challenges of this critical client segment.
Who this course is for:
Professionals of the wealth-management industry.
Bankers, wealth managers.
Corporate services providers.
Trust and estate practitioners.
Independent asset managers, independent financial advisers, financial planners.