As Asian wealth grows through accumulation over time there is an increasing number of families consolidating their wealth in Singapore through formal structures, such as family offices.
This 4 hours course is to enable you to understand what is family office, what roles and responsibilities are entailed by the family office, how is it set-up as well highlighting the areas of work that the family office carries out.
Target Audience
- Private Bankers
- Priority Bankers
Course Objectives
- Learn the concept and framework of family office
- Understand the role and responsibilities entailed by the family office
- Gain an overall awareness of Family Office in terms of its set-up and ongoing activities carried out by the Family Office
Course Outline
- What is a Family Office
- What is a Single-Family Office
- What is a Multi-Family Office
- What is a Family Office set-up
- Products & Services offered by Family Offices
- Process and Procedures in a Family Office in relation to Selection of Fund Manager
- Areas to Consider before deciding to set up a Family Office:
- What are your objectives for setting up a family office?
- What assets to be held in & by the family office?
- What is the investment strategy and mandate for the family office?
- How to apply to MAS for licensing and tax exemption?
- What are the ongoing operational requirements?
- What is the business succession planning of family office?
- Is there any charitable/philanthropic organizations that the Family would like to support?