Certificate for Family Office Practitioner – Family Office Management and Operations

Programme Overview

The Certificate for Family Office Practitioner – Family Office Management and Operations is one of the modules for our signature programme – “Certified Family Office Practitioner”, which is devised to provide the skill set for those who are aspiring practitioners for the Family Office, and to provide a comprehensive understanding of the Family office perspectives, internal dynamics and structural setup.

 

The programme has been structured to cover a range of essential topics that form the core of a successful Family Office practitioner’s skill set. This stackable approach allows participants to complete the programme at their own pace, giving them the flexibility to balance their learning with their other professional commitments.

Modules

The Certificate for Family Office Practitioner – Family Office Management and Operations provides an overview of the key considerations surrounding the family office set-up, infrastructure and operations.

 

Participants will also learn about key risk considerations such as cybersecurity, family/principal reputation, operating risks (including manpower), etc and also understand the regulatory and financial reporting obligations of the family office. Participants will also learn how to identify stakeholders and how to engage and manage them.

 

Total: 10 CPD hours (1.5 days)
FAA CPD: 3 hours
SFA CPD: 3 hours

 

Learning Outcomes

  • Explain the family office setup and the rationale for the composition
  • Identify key risks associated with Family Offices and solutions to them
  • Weigh the pros and cons of insource vs outsource, buy vs build
  • Recommend optimum human capital requirement for the Family Office
  • Articulate and facilitate reporting obligations of the Family Office

 

Topics Covered

Risks faced by Family Office e.g., cybersecurity, principal reputation, etc.,   
Required reporting to stakeholders, managing the principal(s), typical manpower/org structure, etc.   
Key considerations for Family Office infrastructure and operations  
Insource vs outsource and buy vs build 
Source of information (relevance, frequency), reporting and analytics  
Manpower considerations 
Regulatory and legal reporting obligations of the Family Office  

Download programme brochure

Who Should Attend

Individuals with more than 3 years of relevant experience and had demonstrated applied knowledge in the various functions within the family office segment

  • Multi and Single Family Office Representatives
  • Wealth Planning Professionals
  • Private Bankers and Client Relationship Managers handling UHNW and Family Office segment
  • Family Trust Consultants
  • Private Client Practice Professionals including lawyers and accountants
  • External Asset Management Professionals
  • Financial Planners

Useful Links

Certification

Participants who successfully complete the programme will be awarded: 

Accreditation

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

Certification

Upon completion, participants will be:

  • Eligible for 10 CPD Hours, 3 IBF FAA/STS hours.
  • Awarded the WMI Certificate for Family Office Practitioner – Family Office Management & Operations

 

About IBF Certification

The following programme addresses the following Technical Skills and Competencies (TSCs) and proficiency level:

  • Ethical Culture (PL3)
  • Financial Reporting (PL2)

 

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

Note:

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.

Click here to read more about funding support for IBF-STS, and the terms & conditions governing registration, payment, cancellation, deferment and no-show.

 

Eligible SG citizens may utilise SkillsFuture Credit 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.

 

Global-Asia Family Office Circle (GFO Circle) Members are entitled to 10% discount across “Family Office” programmes. Click here for more information on GFO Circle membership.

 

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.

Schedule

modules

Certificate for Family Office Practitioner - Family Office Management and Operations - 20 & 21 Jun 2024
Modules
Modules

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