| Next intake in 26 June 2025 | |
| Up to 70% IBF Subsidy and SkillsFuture Credit Claimable |
This course provides an in-depth exploration of family office governance, tax strategies, and philanthropy, equipping participants with the expertise to navigate the complexities of wealth management. It begins with an examination of family office structures, their purpose, objectives, and evolving governance models, from natural to formal frameworks. Participants will gain insights into the role of family constitutions, councils, and advisory boards, alongside the responsibilities of advisers in managing family wealth.
The course also offers a comprehensive understanding of tax considerations, including fund tax incentive schemes, philanthropy tax benefits, and the structuring of family offices and funds in Singapore. Global trends, such as the onshorisation of structures to jurisdictions with substantive presence, will also be explored.
Beyond governance and tax strategies, the course delves into philanthropy and legacy planning, guiding families in defining their purpose, values, and long-term objectives. Participants will examine giving models, philanthropic tools, and donor behaviour, with a focus on next-generation wealth holders and regional trends, including “the Asian way” of philanthropy. The integration of philanthropy within broader wealth planning will be emphasised, ensuring a strategic and meaningful impact.
A case study assessment will reinforce key concepts, providing participants with practical applications of the strategies discussed.
By the end of this module, participants will be able to
Useful Links
| Modules | Full Fees (S$) |
Fees after subsidies inclusive of 9% GST (S$) (With effect from 1 January 2023) | ||
|---|---|---|---|---|
| Before GST | After GST | Company-Sponsored | Self-Sponsored | |
| Modules | Full Fees (S$) |
Fees after subsidies inclusive of 9% GST (S$) (With effect from 1 January 2023) | |||||
|---|---|---|---|---|---|---|---|
| Before GST | After GST |
Singaporean Aged Below 40 / PR
|
Singaporean Aged 40 & Above
|
||||
| Modules | Fees after Subsidy (incl. of GST) |
Fees after subsidies inclusive of 9% GST (S$) (With effect from 1 January 2023) | |||||
|---|---|---|---|---|---|---|---|
Singaporean/PR
|
Singaporean Aged 40 & Above
|
||||||
| Programme Fee |
|---|
Modules |
Full Fees (S$) |
Fees after subsidies inclusive of 9% GST (S$) (With effect from 1 January 2023) | |||||
|---|---|---|---|---|---|---|---|
| Before GST | After GST |
|
|
||||
With IBF Funding |
2,000.00 | 2,180.00 | 1,180.00 | 780.00 | |||
With IBF Funding and UTAP Subsidies* |
2,000.00 | 2,180.00 | 907.50 | 390.00 | |||
Modules |
Full Fees (S$) |
Fees after subsidies inclusive of 9% GST (S$) (With effect from 1 January 2023) | ||
|---|---|---|---|---|
| Before GST |
|
|
||
Note:
*NTUC Starter members can enjoy 50% off unfunded course fees, up to $200 per year, for UTAP-supported courses. Visit their website for more details.
The fees listed above are after IBF-STS funding. Any discrepancies in registration details or failure to meet minimum IBF academic requirements will result in an unsuccessful IBF reimbursement claim and students will be liable for the full tuition fees. For funding eligibility criteria and more information regarding the funding, please visit www.ibf.org.sg/home/for-individuals/skills-and-jobs-development/training-support/IBF-STS.
Eligible SG citizens may utilise Skillsfuture Credits to offset course fees. This is only applicable for the regular Skillsfuture Credit, and not applicable for the SkillsFuture Credit (Mid-Career) additional top-up funding.
The programme is supported under UTAP. As such, NTUC members enjoy 50% unfunded** course fee support for up to $250 each year. NTUC members aged 40 and above will get increased funding support from $250 to $500. NTUC Starter members can enjoy 50% unfunded course fee support for up to $200 per year when you attend courses supported under UTAP.
** Unfunded course fee refers to the balance course fee payable after applicable government subsidy.
For more details on UTAP and claiming process, please visit their webpage.
The information above is correct at the time of publication. The Wealth Management Institute reserves the right to amend the fees and/or terms and conditions as appropriate.
In addition to Course Fees, each participant will also be charged a non-refundable and non-claimable application fee of S$85 (including GST).
This programme is pending accreditation by the Institute of Banking and Finance (IBF). When accredited, Singaporeans and Permanent Residents will be eligible for funding support of up to 70% course fee subsidy under the IBF Standards Training Scheme (IBF-STS).
Fees shown are after IBF-STS funding. Subsidised fees apply upon participants’ successful completion of the programme, which includes (i) fulfilling minimum attendance requirements and (ii) passing all relevant assessments.
Subsidies are subject to change by IBF and fees will be adjusted based on prevailing funding rates. Click here to read more about funding support for IBF-STS, and terms & conditions governing registration, payment, cancellation, deferment and no-show.
The information above is correct at the time of publication. Wealth Management Institute reserves the right to amend the fees and/or terms and conditions as appropriate.
| Modules |
|---|
| Modules |
|---|
| Modules |
|---|
Participants who successfully complete the programme will be awarded:
Accreditation
IBF Accreditation
This programme is accredited by The Institute of Banking and Finance (IBF). Singaporeans and Permanent Residents are eligible for enhanced funding support of up to 70% course fee subsidy under the IBF Standard Training Scheme (IBF-STS).
Information on IBF-STS funding is available at https://www.ibf.org.sg/home/for-individuals/skills-and-jobs-development/training-support/IBF-STS
Participants are advised to assess the suitability of the courses and their relevance to his/her business activities or job roles.
Certification
Upon completion, participants will be:
About IBF Certification
The following programme addresses the following Technical Skills and Competencies (TSCs) and proficiency level:
Participants are encouraged to access the IBF MySkills Portfolio (https://www.ibf.org.sg/home/for-individuals/resource-tools/myskills-portfolio) to track their training progress and skills acquisition against the Skills Framework for Financial Services. You can apply for IBF Certification after fulfilling the required number of Technical Skills and Competencies (TSCs) for the selected job role.
Find out more about IBF certification and the application process at https://www.ibf.org.sg/home/for-individuals/ibf-certification/why-be-ibf-certified
Research
GFO Circle
Media
Connect With Us
