Descriptions, Dates and Fees
|25 YEARS OF FAMILY BUSINESS RESEARCH AND EDUCATION|
Leading the Family Office (LFO) is for families of wealth who want to learn about how to set up and maintain a Single Family Office.
Determine the best and most appropriate structure and governance model to set up and sustainably maintain your own Single Family Office:
- Create a sustainable platform with the capacity to preserve and pass along your family business wealth, values, philosophy and history to future generations
- Gain insights on how to make informed and educated choices regarding the structure and objective of your Single Family Office
- Develop competencies and know-how to manage your wealth in a sustainable and preserving manner
- Build family unity through a shared vision and jointly develop long-term objectives for the family, the wealth and the business assets
|LFO 2014 November 10 - November 12, 2014|
CHF 11,000; CHF 9,750 for alumni and each additional participant from the same family
- Leading the Family Office is targeted at families of wealth considering setting up, or in the process of setting up a Single Family Office, or wanting to identify the best practices for an existing Single Family Office. The program is exclusively open to family members (non-family members are not accepted).
Join as a family team
To get the most out of this experience, we strongly recommend family teams - members from the same or different generations - to attend the program together. This will help you build on a common approach, promote team spirit and support within the family and facilitate implementation of what you have learned once you are back home.
Leading the Family Office (LFO) helps families of wealth determine the best and most appropriate structure and governance model to set up and sustainably maintain their own Single Family Office.
If you and your family are:
- identifying best practices for existing Single Family Offices
- preparing for a full or partial sale of a business
- going through a liquidity event
- considering or in the process of setting up a Single Family Office
- planning for a comprehensive, multi-generational wealth management structure
then Leading the Family Office is for you.
The program draws on the wealth of experience and research of the IMD Global Family Business Center, which has worked closely with the world's leading family businesses for more than 25 years.
We offer an independent perspective
Leading the Family Office is the only existing program developed by an academic and independent organization dedicated to addressing the unique challenges of steering a Single Family Office.
Single Family Office - what do we mean?
A Single Family Office (SFO) structures and manages the collective assets and business affairs of one family's wealth. The long-term goal of a family office is to preserve the wealth of the family for current and future generations. A Single Family Office also provides for the family's upkeep, well-being and long-term financial planning.
You will learn through cutting-edge and practical research material; real-life global case studies; best practices from successful, first, and multi-generational Single Family Offices; active class discussions; small group workshops; family team debriefing sessions and networking activities with your peers.
The program is built around a strong conceptual and comprehensive framework, illustrated by several new case studies from the IMD Global Family Business Center which offer insights into recent as well as old and well established, innovating and pioneering family offices.
Our Faculty members are recognized world authorities in their fields. Dividing their time between teaching, research and working with international companies, they remain on top of the latest management trends.
You can expect timely, innovative learning activities, materials and content in all IMD programs.
|LFB Program Director|
Tel: + 41 21 618 03 29
Fees and Conditions
In this section, you will find important information on the program fee, application, invoicing, cancellation and transfer. If you have any questions, please do not hesitate to contact our program advisors.
The program fee (which can be found on the overview page) includes tuition, teaching materials, and lunch on weekdays. Travel or living expenses are not covered. You must settle your own hotel bills, both when in Lausanne and on off-campus assignments, as well as all dinners and lunches on weekends when applicable. IMD reserves the right to modify the program fee at any time.
To make a non-binding reservation, send us a completed tentative reservation form. This carries no obligation and is not a substitute for the formal application form.
Application & invoicing
Your application is forwarded to the Program Director who will evaluate it to ensure that the program corresponds to your objectives and profile. This can take approximately 1 week.
The Information & Registration office will notify you of the outcome of your application. If you are accepted, they will send your acceptance letter and invoice fee together by priority mail. From this point, your enrollment will be considered firm by both you and IMD.
Please pay the program fee within 30 days of the invoice date and no later than the commencement of the program. If you register within 1 month of the start of the program, you must settle the invoice immediately without exception.
Payment can be made by bank transfer or credit card.
Up to six weeks before the program start date, a program coordinator will contact you with information on hotels and pre-program preparation. Please note that IMD reserves enough rooms for each participant on the program.
If accepted, you understand that you must be completely free of professional duties while attending this program and that you must attend all scheduled sessions and activities.
|Cancellation & Transfer Policy|
|IMD must be notified in writing of all cancellations and transfers. If you are admitted to a program, but find that you are unable to attend, you have the following cancellation and transfer options:|
Up to six weeks before program start:
Note: IMD programs tend to be fully booked well in advance. Space may not be available in a later session.
From six weeks to up to 11 days before program start:
Within 10 days before program start:
A participant can be substituted on the same program session without incurring any fees. The substitute needs to apply and be admitted.
Note: Once you have paid the program tuition fee, if you do not attend another program within 24 months, the program fee will be forfeited.
|Cancellation and transfer policy|