Videos: Family Office Design Workshop 2019 – Professionalizing the Family Office
Family Office Overview (1 of 2)
Charles B. Grace III
Managing Director, Family Office Exchange
(51:49) The basic principals of a well-run family office have not changed but the ways to professionalize the office are always changing. This session covers what you'll learn and what to expect from this workshop.
Family Office Overview (2 of 2)
Charles B. Grace III
Managing Director, Family Office Exchange
(20:03) Here, we give some background about family office types and explain why families start and maintain family offices.
Family Office Governance and Roles
(1 of 2)
Charles B. Grace III
Managing Director, Family Office Exchange
(21:23) This session introduces the enterprise phase and the sophisticated dimensions of the family office.
Family Office Governance and Roles
(2 of 2)
Charles B. Grace, III
Managing Director, Family Office Exchange
(45:15) Here, we provide an understanding of oversight structures and decision-making processes needed in the governance of the family office.
Scope of Services and Delivery (1 of 2)
Jane Flanagan
Program Facilitator
(38:27) Services provided by family offices are, by definition, customized and integrated to manage a family's wealth but can also help support family engagement and communication.
Scope of Services and Delivery (2 of 2)
Charles B. Grace, III
Managing Director, Family Office Exchange
(43:57) This session covers types of services provided, the scope of the "modern" family office, and strategies for providing those services.
Talent and Team Structure
Jane Flanagan
Program Facilitator
(32:48) The skill set and integrity of the family office staff have the greatest impact on the office's success. This session provides insights about talent in the office and building a broader team with third-party advisors.
Technology and Data Security
Glen Johnson
Market Leader, Business Owners and Family Office Executives, Family Office Exchange
(46:08) The family office is the primary source of consolidated information. This session addresses the integration challenge inherent in consolidating data from multiple sources.
Cost of the Family Office and Total Wealth Management
Charles B. Grace, III
Managing Director, Family Office Exchange
(1:04:51) Family offices have a wide range of costs. Here, the important relationship between cost and complexity will be explored. More broadly, total cost of wealth management will be examined.
Measurements of Success and Best Practices
Charles B. Grace III
Managing Director, Family Office Exchange
(33:30) The next steps in the family office design process include measurements of success.