FOX Global Family Office Design Workshop - December 6-9, 2022

The FOX Global Family Office Design Workshop covers basic principles of a well-run family office and provides tools and techniques to professionalize the office.

Plus, an extra day on December 6th provides a foundation for exploration for embedded family offices and those still unsure if they want to create their own office vs. partnering with an outside firm.

Attend to learn the basics or get a refresher on how to improve operations of an early stage office and take your office, or the one you are planning, to the next level. With nearly 30 years of collective intelligence, FOX will share best practices regarding what steps to take, when to take them, and how to avoid costly mistakes and setbacks. The workshop will also include time for sharing and discussion about the questions most relevant to attendees.

“This workshop provides a great overview and understanding of what a family office is and how other family offices practice and the challenges/focuses they have.”
- 2020 Attendee

  • December 6:  Family Office/MFO Exploration (“Do We Want a Single-Family Office?”) 
  • December 7-9:  Global Family Office Design (“Yes, We Want an Office, But How?”)

What to Expect

  • Discover if a dedicated single-family office is right for you, and explore other options
  • Understand the critical dimensions of a family office
  • Review the range of services that can be provided
  • Explore the talent and team structure needed to run an office
  • Gain insights into operational challenges and technology solutions
  • Learn about the cost of running an office
  • Identify methods for oversight
  • Discuss global and regional differences that may impact the design and operations
  • Review case studies and best practices

Workshop-at-a-Glance

The workshop includes FOX proprietary concepts, practical solutions, and data from our recent family office benchmarking survey. The program will be interactive, including presentations, case studies, discussion, and networking with your peers to share individual experiences.

Customized Complexity Report

As pre-work for the workshop, you will complete a Family Complexity Profile (1 per family).  We will then prepare a personalized Complexity Report, showing how you compare to over 180 other peer families, helping you to better understand what in particular makes your family enterprise complex, and where you may need to allocate resources to effectively manage their wealth.  We will target workshop content to the participating families based on this information.

Who Should Attend

Ideal for new family office executives, family members considering starting a family office, or individuals looking to improve operations of an early-stage family office. 

Pricing

 

Dec. 6 Only

  Dec 7-9   Dec. 6-9
(All Four Days)
FOX Members
Individual Attendee

US$800

  US$3,000   US$3,500
           

FOX Members
Multiple Attendees
from the same family/firm

US$725

  US$2,700   US$3,150
           
Non-Members
Individual Attendee
US$1,000   US$3,750   US$4,375
           
Non-Members
Multiple Attendees
from the same family/firm
US$900   US$3,000   US$3,950

 

Registrations are subject to approval by FOX. The deadline to register is November 28, 2022.

 

  • About
  • Agenda
  • Speakers
  • FAQs

Field of Study: Information Technology and Specialized Knowledge - Up to 10 CPE credits can be earned by attending this event. 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 assess and inventory their personal skills, understand family systems and patterns, develop ownership and leadership skills, and cross generational bridges. 

Program Level: Overview | No prerequisites are required for any of the sessions. | Delivery Method: Virtual


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: For event registrations, refunds of payments will be offered if the cancellation is made in writing to Family Office Exchange at events@familyoffice.com five (5) or more business days prior to the start of the event. For more information regarding administrative policies please contact FOX office at: 312.327.1200.

Tuesday, December 6

All times listed in U.S. Central Time
   
10:00 am Introduction & Expectations
   
10:30 am

Why Separate the Family Office from the Business?
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.

   
11:15 am Buy or Build?  Wealth Management Options
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.
   
12:00 pm Group Discussion
   
12:30 pm Break
   
1:00 pm How to Select an MFO or Other Partner
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.
   
2:00 pm Day 1 Concludes
   

Wednesday, December 7

All times listed in U.S. Central Time
   
10:00 am Introductions & Expectations
   
11:00 am

Family Office Goals & Roles 
Defines and introduces building blocks and sophisticated concepts behind family offices including reasons to form and maintain an office, various types, evolution, functions and purpose, and other attributes of offices. The office’s central role as risk manager and other roles are introduced.

   
12:00 pm Break
   
1:00 pm Scope of Services & Service Delivery 
Sets forth the universe of services provided by family offices and how they are delivered in a customized and integrated manner to meet the technical requirements of managing a family’s wealth and enhance family meetings, educate the next generation, among other benefits.
   
2:00 pm  Breakouts
   
3:00 pm Day 2 Concludes
   

Thursday, December 8

All times listed in U.S. Central Time
   
10:00 am Organization & Team Structure 
Introduces the notion that the values and integrity of the family office staff has the greatest impact on the office’s success. This session examines the roles and responsibilities of staff members, organizational structures, mapping of key skills to services, coordination and oversight of third-party advisors, and compensation.
   
11:00 am Technology to Support the Family Office 
The Technology of the Family Office is a direct reflection of the family goals, office roles, and scope of services. This session will focus on the architecture of technology that integrates the core aspects of the office and how the overall hub to Technology is the family itself.
   
12:00 pm Break
   
1:00 pm

Complexity & Cost of the Family Office 
Family offices have a wide range of costs and the important relationship between cost, breadth of service, and complexity will be explored.  A review of the Complexity Profiles and its impact on the total cost of wealth management will also be examined. 

   
2:00 pm Breakouts
   
3:00 pm Day 3 Concludes
   

Friday, December 9

All times listed in U.S. Central Time 
   
10:00 am Ownership & Governance 
Provides an understanding of family office board structures and functions as well as decision-making processes in family offices, with reference to mission, leadership, and succession. Benefits of governance and appropriate degrees of formality are addressed.
   
11:00 am Case Study & Action Steps 
Review specific examples of various types of single-family offices and why families will utilize different structures as well as objectives for these offices. 
   
12:00 pm Break
   
1:00 pm Initial Design & Next Steps for Your Office  
Through concepts and templates provided to participants during the session, this discussion will focus on strategies for designing and refining your family office.
   
2:00 pm Breakouts
   
3:00 pm Day 4 Concludes
   
   

FOX Presenters

Gabrielle (Gaby) Griffin
Interim Co-President, Market Leader for Business Owners and Family Office Executives

Gaby Griffin is the Market Leader for Business Owners and Family Office Executives at Family Office Exchange (FOX). In her role, Gaby leads the overall Family Office Council experience and manages multiple councils. She provides members the opportunities to learn from and share ideas with highly accomplished and hard-to-find peers in a confidential environment. No matter what hat she’s wearing, her goal is simple – to create value for families by providing objective guidance and timely relevant information in order to make informed decisions. Gaby takes a very personalized approach to her relationship management practice and has built client and advisory relationships that span over two decades. She also serves as a member of the FOX leadership team.

​Gaby brings 25 years of wealth management, corporate banking, investment, and strategic advisory experience to FOX and its members. Gaby recently joined FOX from Capital Group. Prior to that, she held leadership positions at LaSalle Bank N.A. advising business owners, their families and family offices, as well as working directly with ultra-high net worth clients as a relationship manager for Abbot Downing. Gaby has been involved with the FOX community for over 20 years.

Gaby earned a B.A. in Political Science from the University of Wisconsin at Madison. She obtained a Certified Private Wealth Advisor (CPWA) designation at the University of Chicago Booth School of Business in 2013.  Gaby is a member of the Chicago Estate Planning Council (CEPC), Women Investment Professionals, 100 Women in Finance, DyMynd Angels, and Urban Land Institute (ULI). Gaby served on the Board of Trustees for Victory Gardens Theater from 2012-2020. Additionally, she has held several other positions in the non-profit sector. 

 

Kent Lawson
Director of Technology Integration Services

Kent Lawson is Director of Technology Integration Services 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.

 

Miguel López de Silanes Gómez
Market Leader International

Miguel López de Silanes Gómez is the Managing Director for International Members at 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.

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.

 

Scott Winget
Enterprise Market Leader

Scott Winget is the Enterprise Market Leader at Family Office Exchange (FOX). In his role, Scott serves as Co-Chair for Enterprise Councils and Executive Councils, where members can share experiences, ideas and best practices with veteran peers in a confidential environment. Scott also serves as relationship manager for Enterprise Family members, in order to understand their unique needs and provide them with access to important research and objective guidance. He is as a member of the FOX leadership team, helping to develop and execute service strategies designed to meet the needs of his market segment, and also participates in new research and thought leadership meaningful to members.

Serving families for over 25 years in the areas or family office, wealth management and estate and tax planning, Scott brings significant experience to FOX and its members. Prior to joining FOX, Scott created and led multi-disciplinary and award-winning consulting groups that provided comprehensive family office services at both Cresset and Ascent Private Capital Management. Earlier, he was a senior wealth planner at Wells Fargo Family Wealth (later, Abbot Downing) and began his career as an income tax and estate planning specialist with Arthur Andersen and EY. Scott has participated in the FOX community for over 15 years.

Scott is a CPA and holds a J.D. from The Ohio State University, where he also earned a B.S. in Business Administration with a dual major in Accounting and Finance. He is a member of the Rocky Mountain Estate Planning Council, Colorado Society of CPAs and the Colorado Bar Association. He has also held several securities and insurance licenses and served on the board of the Mountain Area Land Trust as Treasurer and head of the Finance Committee among other roles with non-profits.

 

How do I access the Workshop?

Prior to the workshop we will provide you with Zoom links to participate.

What is the time zone?

All published times are in U.S. Central Time.

Workshop Materials:

We will mail workshop materials the week prior to the program. Please be sure to advise us of any changes to the mailing address you provided during program registration.

Is there any pre-work?

Yes - As pre-work for the workshop, you will complete a Family Complexity Profile (1 per family.)  We will then prepare a personalized Complexity Report, showing how you compare to over 180 other peer families. You will receive your Family Complexity Profile to complete via email. Please complete and return to Scott Winget at swinget@familyoffice.com.

Can other people see me, and if so – what is the dress code?

FOX encourages attendees to turn their cameras on during sessions. Business casual attire is recommended.

My question isn’t here, how can I get additional help?

Please email events@familyoffice.com and we’ll be delighted to assist you.