Tuesday, July 18, 2017 - Day One
Optional Speed Networking
Attending a conference with 100+ of your closest peers is a tremendous networking opportunity, so how do you make the most of it? Speed networking is a great way to quickly (just 6 minutes) and efficiently get to know your peers. FOX staff will be on hand to make this a warm welcome to the 2017 FOX Financial Executives Forum.
Presenter: Alexandre Monnier, President, Family Office Exchange
Blockchain and Beyond: The Imminent Impact of Distributed Ledger Technology on the Family Office
Presenter: Carlos Arena, Director of Business Development, R3
Blockchain may be the name of the biggest, most imminent upheaval in the way we function since the advent of the World Wide Web in 1990. What is Blockchain, and what does it mean for your office? In this session, our guest technology expert, Carlos Arena of R3, will lead a discussion on blockchain and distributed ledger technology (DLT) and the changes he sees on the horizon for family offices. His company, R3, is an innovation firm working to deliver advanced DLT to the global financial markets and leads a consortium partnership with over 80 of the world’s most prominent financial institutions and regulators. In this forward-thinking discussion, Carlos will provide an overview of what the technology is, as well as what he sees as practical applications of the technology for family office executives.
Join this session to learn:
Luncheon and Technology Demonstrations: Solution Introductions
FOX has once again invited multiple technology service providers to highlight their product features with emphasis on how their technology can solve unique challenges inherent in the family office. Each provider will present a brief overview of their technology with emphasis on the solutions their technology provides preceding an actual demonstration of the software.
|1:00 pm||Technology Demonstration Transition Break|
Choose among multiple technology solution providers for 3 different showcase sessions. Technology providers will demonstrate the features and benefits of their technology with emphasis on how their products uniquely serve the needs of the family office.
|2:50 pm||Networking Break|
|4:30 pm||Networking Break|
Network Dialogue Meetings
In this annual meeting of the FOX Technology Operations and Data Security (TODS) and Human Capital (HCAP) Networks, gather face-to-face with your peers and engage in open roundtable discussions around topics of most concern to the family office community. Collect and share ideas and solutions to help you and your peers manage the critical issues in the year ahead.
|5:30 pm||Forum Networking Reception|
Wednesday, July 19, 2017 - Day Two
|8:45 am||Opening Comments and Day One Recap|
Tax and Estate Update
In what is frequently our most popular Forum session, experts will share the latest income tax and transfer tax developments that family office executives need to watch for in 2017 and beyond. Our speakers will comment on the possible significant tax law changes on the horizon, including any specific tax bills that are proposed by the time of the session. Recent judicial decisions and regulatory developments also will be discussed.
The Journey of the Family Office: A Formulated Approach to Modernizing Business Processes
Briar Hall, a longtime FOX single family office member, has embarked on a journey to review business processes for all critical functions within the office. All Briar Hall offices start with a carefully formulated approach to each function, but things change - employees change, family member needs change, and soon the process either doesn't look like it did originally or the process itself has changed or needs to change.
Briar Hall has partnered with Sue Cotts from C/D/H to address information technology architecture in addition to business process review and with Mary Timmons from Northern Trust to review all transactions between Briar Hall and Northern Trust and address any inefficiency or missed opportunity. Together, Robin, Sue, and Mary will describe what started the journey, how they are proceeding, and what they have found thus far.
|10:50 am||Networking Break|
|11:20 am||Concurrent Breakout Sessions|
State of the Art for D&O and E&O Insurance: Protecting the Family Office from Itself
Management liability insurance such as Errors and Omissions Insurance (E&O) and Directors and Officers Liability Insurance (D&O) can help family owned businesses and senior leaders deflect many of the risks to which managers and fiduciaries are exposed. The risk scenarios are wide-ranging and in this session we’ll explore:
Family Office Business Process and Internal Control
One of the mandates for the financial executive is to ensure effective accounting controls and efficient processes. This session brings to life how two offices moved forward in addressing risk and growth issues that required a review of internal controls and business processes. Join this session to hear the approach, process, outcomes, and changes implemented in a family office and a multi-family office.
Lessons Learned in Moving to the Cloud
Presenter: Sarah Overman, Chief Financial Officer, Endurance Capital Management LLC
There is a lot of talk of moving to the cloud, but most FOX members have yet to make the leap. Sarah transitioned her office to the cloud last year and will share her experience, from finding the right solution, to the impact of this change on staff time and productivity to the cost of making the change.
Matters of Security: A Family Case Study
Presenter: John Lugiano, President, MPS, LLC
In today’s ever-connected world, security threats continue to evolve while the sources of threats remain elusive and sophisticated. In this session, our security expert, John Lugiano, will share designs on systems and processes he has successfully implemented to analyze and mitigate personal, physical, and cyber-related security threats. Throughout the conversation he’ll also share the latest updates on the security front, top issues the families should be concerned about, and the latest best-practices and security technology.
|Closing Keynote Sessions|
|12:30 pm||Market Style Lunch - Grab and Listen|
Philanthropic Trends, Strategies and the Family Office – Maximizing Impact Through the Combination of Charitable Giving Vehicles
Wealth levels continue to rise, yet overall charitable giving has remained stagnant over the past forty years. What is on the horizon for philanthropy? How can families most effectively have an impact on society now and in the future? Kim Laughton, President of Schwab Charitable will share current giving trends including the tax benefits, new ideas in asset contributions, and opportunities for using multiple charitable vehicles to fulfill families giving objectives. She will be joined by Cathy Molnar, Executive Director of CHS Management LLC, a single-family office, and a member of FOX Executive Council ’14, to provide a first-hand example of these strategies in practice.
Don't Get Swiped: How to Minimize the Risk, Monitor and Manage the Damage to Protect Your Identity and Finances
Presenter: Adam Levin, Author, Swiped: How to Protect Yourself in a World Full of Scammers, Phishers, and Identity Thieves
In this session, join best-selling author and identity theft expert, Adam Levin, as he provides you with the blueprint to navigate a dangerous digital world. Adam offers essential tools to minimize your exposure to fraud, strategies to monitor your sensitive personal and financial accounts, and solutions to manage the damage if you become the victim of an identity theft incident.
|2:25 pm||Forum Closing Comments|