FOX E-LEARNING COURSE
Single Family vs. Multi-Family Office Exploration
Course Length: 3 Modules | Video: 41 min | Application: 30 min | CPE: 1 credit
COURSE AT A GLANCE
Navigating the complexities of wealth management is critical for families seeking to preserve and grow their capital across generations—family, financial, business, and philanthropic capital. In this course, discover why separating the management of family capital from your family business is crucial for long-term success. Explore the essential considerations when deciding whether to establish a single family office or outsource services to a multi-family office, and learn how to evaluate and select outsourced advisors.
Enroll today and gain the knowledge and tools needed to choose the right family office model and outsourced advisors for your unique needs.
If you determine the single family office approach is right for you, explore the FOX Family Office Design workshop or e-learning course to learn the principles of a well-run family office.
INTENDED AUDIENCE
This course is ideal for family members, leaders and consultants seeking to build or reinforce family enterprise governance structures. Family office executives involved with or guiding the process will also benefit.
COURSE INCLUDES
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Module 1: Why Separate the Management of Wealth from the Business?
18 min Video
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6 min
Reading & Application
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Separating personal from company affairs is an essential best practice for business-owning families and transitioning successfully requires building a roadmap. Establishing a separate family office dedicated to each family member’s unique financial needs is a critical first step in managing assets across generations.
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Module 2: Buy or Build? Wealth Management Options
18 min Video
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13 min
Reading & Application
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After deciding to separate, several options exist—from outsourcing all the services to a multi-family office (MFO) to creating your own dedicated single family office (SFO). We will address the reasons you might choose one option, and the pros and cons of each.
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Module 3: How to Select an MFO or Other Partner
5 min Video
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11 min
Reading & Application
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If you’ve decided to outsource to an MFO, there are still a multitude of choices and types of advisors and firms. We will review how to choose your type, and how to select a particular firm.
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FULL COURSE:
Single Family vs. Multi-Family Office Exploration Full Course
0 hrs
41 min
Video
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30 min
Application
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Standard $595.00 | Member $495.00 | Access Course |
Explore the essential considerations when deciding whether to establish a single family office or outsource services to a multi-family office. Gain the knowledge and tools needed to choose the right family office model and outsourced advisors for your unique needs.
Additional Course Information
Complete the course to earn a certificate of completion recognizing your knowledge of how to explore the choice between a single family office and a multi-family office. Contact FOX to inquire about group discounts.
Achieve the following by completing the course:
- Understand the importance of separating the management of wealth from the family business.
- Explore the dedicated family office and multi-family office models to determine the right approach for you.
- Learn the criteria and process for selecting an outsourced advisor.
Miguel López de Silanes Gómez | Market Leader, International, FOX
Miguel López de Silanes Gómez is the international market leader at the Family Office Exchange (FOX). He is responsible for delivering FOX services to current members, and actively works to expand the network in Europe and Latin America. His base is in Madrid, but he spends half of his time in Latin America.
Miguel has most recently been director of the family office for one of Europe’s leading real estate families, with specific responsibility for designing and implementing the family’s investment strategy and for providing owner education to the younger family members.
Previously, he worked at UBS Wealth Management in New York, Chile, and other locations in Latin America. He began his career at Bain & Company as an Associate Consultant in London and Madrid. He has an M.B.A. from Harvard Business School and a B.A. in Economics from Universidad Pontificia Comillas (ICADE) in Madrid.
Kent Lawson | Chief Operations Officer, FOX
Kent Lawson is the Chief Operations Officer at Family Office Exchange (FOX). With 25 years of experience as a leader in the wealth management industry, and a deep focus in technology for the family office, Kent’s expertise in consulting, project management, analysis, and diligence around technology drives the FOX Technology Marketplace.
Prior to joining FOX, Kent had an established relationship with FOX as a market leader and as a member. Through his previous role with an enterprise family office and as a contributor to FOX forums, Kent brings over a decade of experience serving at the executive level within a single family office. His expertise in wealth management spans a variety of disciplines, including investment operations, technology, and compliance via working with RIAs, the SEC, and Global Investment Performance Standards (GIPS). He also served as a business analyst and consultant for Advent Software, as COO of a trust company, and other technology solution vendors. Kent also founded an outsource COO firm in the wealth management industry providing strategic leadership as a trusted advisor.
With a degree in Music Performance from Ball State University, Kent spent his early years performing as a jazz saxophonist and married another musician, which led him to his “day job” within the wealth industry as a part-time file clerk with an RIA. His background in creativity and thinking outside the box provided the foundation needed for designing innovative solutions in business process and technology making him perfectly suited for the family office industry.
After purchasing the full course, you will get an email with a link to the course and a unique access code.
You will have a 1-year license from the date of purchase.
In the course, you can access support via self-service, live chat, or email. If you have any difficulty in purchasing the course, please contact us at foxelearning@familyoffice.com.
Please email foxelearning@familyoffice.com and we’ll be delighted to assist you.
We offer this course in both e-learning and live, virtual workshop formats. Both formats deliver the same best-in-class content. The e-learning course is intended for individuals seeking a self-directed and self-paced opportunity.
Please visit FOX Family Office Design on our workshops page if you are interested in the live, virtual format to see upcoming dates and details.
This course offers CPE credit. Visit the CPE tab for additional details regarding number of credits and the requirements.
Field of Study: Specialized Knowledge – Participants will earn 1 CPE credit by completing this course, which includes achievement of at least a 70% score on each of the final assessment. CPE credits are accepted at the option of state certifying boards. Requirements, compliance procedures and acceptance may vary by state.
Learning Objectives: Upon completion of the program, participants will be able to understand the importance of separating the management of wealth from the family business, explore the dedicated family office and multi-family office models to determine the right approach for you, and learn the criteria and process for selecting an outsourced advisor.
Program Level: Overview | No prerequisites or advance preparation are required
Delivery Method: QAS Self Study
Family Office Exchange is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.
REFUND POLICY: Refunds are offered within two (2) business days of a course purchase if it has not been accessed. For more information regarding refunds, concerns, or policies please email foxelearning@familyoffice.com or call 312.327.1200.
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