Family Office Fundamentals - Module 1
This introductory module focuses on defining and understanding the concept of a family office, its regulatory context, and the variety of roles it plays in wealth management. It addresses the unique definition provided by the SEC and explores the multi-faceted functions of a family office, emphasizing its importance in managing extensive wealth, ensuring compliance, and supporting a family's legacy.
Learning Objectives:
- Distinguish a Family Office and Examine Regulatory Implications by understanding the SEC-specific criteria and definition, along with the implications of exemptions from investment advisor registration and compliance requirements.
- Explore Key Roles and Adapt Wealth Management Strategies by examining the roles of executor, guardian, confidant, and brain trust in a family office.
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Design and Strategize Family Office Structures by integrating design thinking principles to tailor family office setups.
Articles/Books
- The Complete Family Office Handbook, Second Edition, Wiley by Kirby Rosplock, Ph.D
- How 50 State LLC works to maintain the family's identity after the sale of the founding business, The Family Office Professional
- How Family Offices Last, Tharawat Magazine
- Starting on the Wrong Foot When Creating Family Offices?, FFI Practitioner
- Access your courses anytime, anywhere, with a computer, tablet or smartphone
- Videos, quizzes and interactive content designed for a proven learning experience
- Unlimited access. Take your courses at your time and pace
- This program is designed to take 1-2 months with approximately 10-15 hours per week of study. If you put in more hours per week, you will finish sooner than the predicted 1-2 months
