The Family Office and Supporting Ecosystem
“No man is an island entire of himself.”
Family offices are uniquely suited to integrate the broad expertise and advice that is necessary for the long-term benefit of the families they serve. A family office traditionally addresses wealth structuring; financial, tax and wealth management; legal services; family governance; risk management; communication and education plans. They may also provide family business support and concierge services, such as property management, art collection curation, security and travel.
Because of its close relationship with the family, a family office can help with sensitive family matters, such as conflict avoidance, dispute resolution, generational transitions and leadership succession.
But no family office, no matter how expert, operates on its own. The same is true for a legacy family. Surrounding the family and its family office is a complex eco-system of employees, friends, advisors, institutions and other sources of guidance and pracvtical support on matters great and small. Understanding and managing both the family office and ecosystem are critical elements to the long term of a family.
Objectives
The material presented in this Master Class will provide a framework to design, staff, lead, assess and manage your family office. The course will guide you from the early stages of setting a high-level vision through the specific activities you can expect from a family office.
Instructors
Sara Hamilton, Mark Daniell
- Statement of Purpose and Objectives for Family Office and Ecosystem To download, right-click on the link above and select “Save link as…”
- Family Leadership and Engagement with the FO To download, right-click on the link above and select “Save link as…”
- Management Guide for the FO (inc IT, systems, and staff management) To download, right-click on the link above and select “Save link as…”
- FO Job Descriptions and Requirements To download, right-click on the link above and select “Save link as…”
- Compensation and benefits To download, right-click on the link above and select “Save link as…”
- Assessment Framework for a Family Office To download, right-click on the link above and select “Save link as…”
- Structured Approach to mapping and managing the ecosystem To download, right-click on the link above and select “Save link as…”
- Model of Family Communications To download, right-click on the link above and select “Save link as…”
- Financial and Non-financial Metrics To download, right-click on the link above and select “Save link as…”
- Family Office and CyberSecurity To download, right-click on the link above and select “Save link as…”
- Employee NDA To download, right-click on the link above and select “Save link as…”
Your course progress