Wealth Management
Trust Training Certificate (TTC) (version 2.0) - Unit 13: Family Offices
Overview
This is Unit 13 of the "Trust Training Certificate ("TTC") (version 2.0) training programme".
This eCourse is prepared based on the recorded version of the webinar session held on 21 October 2024. Please note that the examination is based on the study guide and slide deck, which can be downloaded from the eCourse. For participants who plan to take the TTC Part B Stream 1 Examination at a later date, you should ensure you read the study guide and materials provided via the examination enrolment link.
It consists of one module:
Module 18: Family Offices
If you wish to register for the full TTC (version 2.0) Part B Stream 1 Training Programme and Examination, click here.
Objective
On completion of this eCourse, you will understand
- the nature, role and types of Family Offices;
how a Family Office may be brought into the trusts/ asset holding structures
- the need and requirements for good family governance
- regulatory/Licensing requirements which may apply
Content
The nature of a Family Office.
The role of a Family Office.
How a Family Office may be brought into the trusts/ asset holding structures required.
The need for good family governance:
- Family Charters/ Family Constitutions (requirements and drafting);
- Family Council;
- voting; and
- family business management succession criteria.
Comparison between Single Family Offices and Multi-Family Offices and their pros and cons.
Multi-Family Office considerations
Licensing & incentives for Family Offices – Hong Kong and Singapore
The role of a Family Office in relation to the investment of family wealth
Who should attend
This course is primarily designed for individuals who are interested in obtaining the "Trust Training Certificate" to qualify for the Hong Kong Trustees' Association Certified Trust Practitioner™ designation.
It is also relevant for individuals seeking a comprehensive understanding of the course subject matter and those planning to enter the Trust industry sector.
Speaker/Course Instructor
In addition to client services, Edwin had been a part-time lecturer of the Faculty of Law of The University of Hong Kong for 5 years, and has spent over 10,000 hours speaking to high net worth clients, financial professionals, and students in Hong Kong, China and Taiwan region, about topics concerning trust, family office operations, and tax planning strategies.
Alvin is currently devoting his Practice to Multi Family Office Advisory for high net worth Individuals in structuring their complex wealth matters with a view to preserve their hard earned wealth. A strong believer of “Preservation First, Accumulation Second” and “Distribution Last”, Alvin’s expertise injects a fresh perspective on how wealth and family values can be preserved for many generations in Asian families.