FOX Family Office Best Practices Workshop - Australia - March 6, 2018 - POSTPONED


Monday, Mar 05, 2018 - 09:00am
Monday, Mar 05, 2018 - 06:30pm

This Workshop has been postponed. Please contact Events at 312.327.1221 with any questions.

March 6, 2018  |  Melbourne, Australia

Developing and Improving Your Family Office

Families and executives who are thinking about being more strategic and professionalizing their family office want to do it right. They want to know what steps to take, when to take them, and how to avoid setbacks.

The Langham Melbourne
1 Southgate Avenue, Southbank
Melbourne, Victoria 3006, Australia

Recommended for: Wealth Owners and family office executives considering developing and improving their family office.

The Langham Melbourne

    This one-day workshop addresses issues – strategic and tactical - that family members and family office executives need to understand in conjunction with best practices:

    1. Family Office Strategy
    2. Governance of the Family Office
    3. Scope of Services and Delivery
    4. Talent and Team Structure
    5. Costs of the Family Office
    6. Performance Metrics
    7. Family Office Planning Steps and Best Practices

    The workshop includes the sharing of FOX proprietary concepts, practical solutions, and incorporates brand new data from our 2017 family office benchmarking survey. An Australian perspective will be shared in this interactive program.

    Family members and family office executives are encouraged to attend. We look forward to seeing you and your peers on March 6, 2018 in Melbourne.

    Please note that a discount may be available to additional paid attendees from your firm.  Contact Family Office Exchange via phone at 1.312.327.1221 or email to receive the additional paid attendee coupon code. Registrations are subject to approval by FOX.

    REFUND POLICY: For event registrations, refunds of payment or forum allotments will be offered if the cancellation is made in writing to Family Office Exchange at five (5) or more business days prior to the start of the event. For more information regarding administrative policies please contact FOX office at: 1.312.327.1200.

    Tuesday, March 6, 2018

    8:00amBreakfast and Registration
    8:45amWelcome and Introductions

    Family Office Strategy

    This session introduces the family office and the family enterprise. Key issues such as establishment of office goals and their alignment with the family’s needs, attributes of multi-generational and holistic wealth management, roles of family members and the office, and evolution of the office will be examined.

    Questions & Answers


    Governance of the Family Office

    The session necessarily offers an understanding of governance in a family office and family enterprise setting, including key elements such as vision, leadership, decision-making, and types of oversight structures. The degree of formality and evolution of that governance over different generations will be examined.

    Questions & Answers


    Scope of Services and Delivery

    Services provided by family offices are, by definition, customized and integrated to meet the technical needs of managing a family’s wealth (tax, investment, recordkeeping, etc.) but also supports the family to enhance family continuity. The scope of the “modern” family office’s services and their delivery, will be examined.

    Questions & Answers


    Talent and Team Structure

    The skill set and integrity of the family office staff have the greatest impact on the office’s success. In this session, we will examine the roles and responsibilities of staff members, organizational structures, mapping staff and key skills to services, and coordination and oversight of third party advisors.

    Questions & Answers


    Costs of the Family Office

    Leveraging the insights from the FOX 2017 Family Office Benchmarking™ survey, FOX will present data and concepts about family office (and total wealth management) costs and outline common allocation methods and fee structures.

    Questions & Answers


    Performance Metrics

    The establishment of benchmarks and matching these to family and family office goals is critical. What are the subjective and objective measurements that are used in family offices? The session will explore the issue and how to implement and monitor metrics.

    Questions & Answers


    Planning Steps and Best Practices

    The program sets forth helpful planning tips and templates that outline critical steps in the family office design and improvement process. Peer exchange and sharing of best practices will also be part of the discussion.

    5:00pmCocktail Reception


    Charles B. Grace, III
    Managing Director, Family Office Exchange

    Charles B. Grace, III is a Managing Director at Family Office Exchange (FOX). He works on projects for families and family offices. Assignments include work on strategic planning, family office and family enterprise design, governance, development of investment programs, advisor selection, among others. Charlie is also active on the family office and advisor membership and research side at FOX, including investment focused studies and
    other initiatives.

    Charlie has been active for 20 years in the family office community advising high net worth families and serving as a resource to high net worth families and family offices. He advised on investment portfolios and wealth management generally for 10 years working day-to-day at the multi-family office Ashbridge Investment Management LLC and the single family office Ashbridge, LLC. His responsibilities were broad and included firm strategy as Chairman of the Management Committee of the $1 billion investment advisory firm. He still serves on the Board of the single family office Ashbridge, LLC. Charlie has been quoted in various publications on the subject of private wealth management, including The Wall Street Journal, Financial Times, and New York Times and presented at many conferences focused on private investors and family offices.

    Charlie is on the Executive Committee, as well as Treasurer and Investment Committee member, of the nonprofit Tuttle Fund, Inc. He graduated from the Washington College of Law with a J.D. He received a B.A. and M.A. in history from Bates College and the American University, respectively.


    Peter Roach
    Market Leader, Australia and New Zealand, Family Office Exchange

    Peter Roach is the Market Leader for Australia and New Zealand for Family Office Exchange (FOX). Peter leads the FOX Family Enterprise Council and works with FOX members on applying FOX-identified global best practices to management of their wealth and their families.

    Peter is well known in the family office sector. He was Chief Executive Officer of the Fairfax Family Office, Cambooya Services, from 2000-2012. In conjunction with that role, he was a Non-Executive Director of Rural Press Limited, Landis+Gyr AG and other boards associated with the family’s media and private equity interests.

    After stepping down from Cambooya Services, Peter served as an independent, non-executive director of various boards of generational families across Australia. In addition to Cambooya Services, Peter has also worked with one of Australia’s largest banks, Commonwealth Bank, developing its family office services.

    Peter is a Chartered Accountant and holds a Bachelor of Commerce (UNSW), a Master of Business Administration (SCU) and a Master of Letters (CQU). He is a Fellow of the Australian Institute of Company Directors and a Chartered Tax Adviser.