FOX E-LEARNING COURSE
Family Office Design
Course Length: 8 Modules | Video: 2 hrs 42 min | Application: 6 hrs
COURSE AT A GLANCE
The Family Office Design e-learning course provides the opportunity to experience FOX’s Family Office Design Workshop in an e-learning format. The course covers the principles of a well-run family office and provides tools and techniques to professionalize the office. Learn the basics or get a refresher on how to improve operations and take your office, or the one you are planning, to the next level. With over 30 years of collective intelligence, FOX shares best practices regarding what steps to take, when to take them, and how to avoid costly mistakes and setbacks.
The course includes FOX proprietary concepts and practical solutions while incorporating data from our family office benchmarking survey. The course will be interactive, including video presentations, case studies, knowledge checks, and applied learning.
INTENDED AUDIENCE
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.
COURSE INCLUDES
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Module 1: Family Office Goals and Roles
28 min Video
|
50 min
Reading & Application
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$420.00 | $350.00 | Access Course |
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.
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Module 2: Scope of Services and Service Delivery
27 min Video
|
30 min
Application
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$420.00 | $350.00 | Access Course |
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, enhance family meetings, and educate the next generation, among other benefits.
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Module 3: Organization and Team Structure
21 min Video
|
1
hr
30 min
Reading & Application
|
$420.00 | $350.00 | Access Course |
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.
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Module 4: Tech to Support the Family Office
22 min Video
|
40 min
Reading & Application
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$420.00 | $350.00 | Access Course |
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.
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Module 5: Complexity and Cost
25 min Video
|
1
hr
30 min
Reading & Application
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$420.00 | $350.00 | Access Course |
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 FOX Complexity Profiles and its impact on the total cost of wealth management will also be examined.
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Module 6: Ownership and Governance
26 min Video
|
1
hr
Reading & Application
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$450.00 | $350.00 | Access Course |
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.
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FULL COURSE:
Family Office Design M6
2 hrs
29 min
Video
|
6 hrs
Application:
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$2,400.00 | $1,900.00 | Access Course |
Full course includes all six modules plus Module 7: Case Study and Action Steps and Module 8: Initial Design for Your Office, a 30-minute call with a FOX subject matter expert, and a digital badge.