Overview

This Module 10 of the Henley Family Office Program (HFOP) looks at human resources management.

This module is a 3-hour (approx. study time) course and is eligible for 1 SFC CPT/PWMA OPT hour.

Check out the other modules in the Program:

• Module 1 - Overview of the Family Offices & Foundations of a Successful Family Office
• Module 2 - Succession & Estate Planning
• Module 3 - Tax Considerations
• Module 4 - Structuring and Set-up - Designing the Family Office
• Module 5 - Governance
• Module 6 - Portfolio Management
• Module 7 - Operations, Technology & Administration
• Module 8 - The Private Bank Relationship
• Module 9 - Non-Financial Services
• Module 11 - Philanthropy, Foundations & Impact Investing
• Module 12 - Risk Planning & Crisis Management

Objective

By the end of this module, you will be able to:
- State the challenges in human resource for Family Offices
- Explain the importance of having clearly defined purpose, structure and strategy
- Describe how to implement a professional recruitment process, including the best practice in conducting a robust sourcing, interview and offer process
- List the steps in monitoring performance and offer professional development
- Describe how to implement a secure and thorough governance process for all team members

Content

Part 1 - Pre-reading materials
(i) Family Office Hiring Guide
(ii) Robert E Quinn and Kim S. Cameron's Culture Typology
(iii) The Importance of Mental Health Strategies in Attracting Top Talent
(iv) Career Trajectories to the Top: How to Climb the Family Office Ladder

Part 2 - Presentation Slides of the eCourse

Part 3 - Human Resources Management*
(i) Introduction
(ii) Section 1: Setting the Scene
(iii) Section 2: Recruitment
(iv) Section 3: Management and Retention
(v) Section 4: HR Governance
(vi) Conclusion

Part 4 - Quiz*
The quiz consists of 15 questions where learners have 3 attempts to achieve at least 80% with correct answers as a pass.

Part 5 - Post-reading materials
(i) Agreus Global Family Office Compensation Benchmark Report 2020
(ii) Agreus Global Family Office Bonus Benchmark Report 2021
(iii) Sample Job Description
(iv) Sample Offer Letter
(v) Sample Contract of Employment
(vi) Agreus - The Complete Cultural Fit Guide
(vii) Morgan Stanley Family Office Compensation Report 2019

*mandatory parts to complete

Who should attend

(1) Professionals who are keen to succeed in the world of family office management
(2) Individuals who want to set up their own family office
(3) Practitioners who wish to take their career to the next level or looking for a role in the industry