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    Building a Legacy: Family Office Wealth Management

    Building a Legacy: Family Office Wealth Management
    • Dates: TBD
    • Format: In-Person
    • Location: HBS Campus
    • Fee: TBD
      • The program fee covers tuition, books, case materials, accommodations, and most meals.
      Download Brochure
      Download Brochure
    Chris Malloy Lauren Cohen

    "We want to create a safe learning space where families in similar circumstances can speak openly."

    Lauren H. Cohen
    Faculty Chair
    Learn More
    Download Brochure
    Program Finder
    Need Help? Contact Us:
    Program Advising team
    Email: executive_education@hbs.edu
    Chris Malloy Lauren Cohen

    "We want to create a safe learning space where families in similar circumstances can speak openly."

    Lauren H. Cohen
    Faculty Chair
    Learn More
    Need Help? Contact Us:
    Program Advising team
    Email: executive_education@hbs.edu
    Program Announcement
    The information below is based on the prior program session and does not reflect potential changes to faculty and course content for future program offerings. For a list of upcoming programs, visit our program finder.

    Summary

    Wealth management for high-net-worth families has grown increasingly complex. For some families, the responsibility of wealth management has shifted to younger generations who have less experience investing. For other families, the early liquidation of businesses has created uncertainty for mid-career professionals who face new investments or major life decisions. In this program, you will gain an in-depth understanding of best practices in family wealth management; explore the governance, structure, and investment challenges that are unique to families; and discover new approaches for managing and preserving family wealth.

    Key Benefits
    Successful family offices are adept at managing the tension and interplay between family dynamics and investment decisions. This program will equip you with the tools to address these specific challenges and deepen your understanding of investment opportunities for high-net-worth families. You will emerge with the competence and confidence to design a wealth management strategy and structure that effectively meets your family's goals.

    DetailsCollapse All

    Gain insights to build a professional family officeGain insights to build a professional family office
    Dropdown down
    • Establish the right structure, governance, and organizational design for a family office
    • Make savvier financial decisions based on a deeper understanding of family wealth management
    • Set clear goals that reflect the family's priorities and principles
    Find solutions to your wealth management challengesFind solutions to your wealth management challenges
    Dropdown down
    • Develop an action plan for initiating an intergenerational transfer
    • Implement best practices for separating operating assets and family office assets
    • Make key hires or use outsourcing to address skills gaps
    Explore the full range of investment opportunitiesExplore the full range of investment opportunities
    Dropdown down
    • Apply frameworks for evaluating unique investment opportunities for family real estate, niche assets, emerging markets, public market ideas, and startup/venture-backed investments
    • Determine whether (and how) to pursue opportunities in private equity
    • Stay informed about investing in frontier asset classes
    Analyze philanthropic opportunities and partnershipsAnalyze philanthropic opportunities and partnerships
    Dropdown down
    • Evaluate philanthropic pursuits and partnership opportunities
    • Consider the pros and cons of strategies such as impact investing
    • Discover other ways of investing for impact, such as via endowment models
    Expand your personal and professional networkExpand your personal and professional network
    Dropdown down
    • Extend your network by living and working with accomplished executives from various backgrounds, industries, and countries around the globe
    • Build relationships with a diverse group of peers who can provide wide-ranging insights into your business challenges and career decisions

    Key Benefits Dropdown up

    Key Benefits Dropdown down

    Successful family offices are adept at managing the tension and interplay between family dynamics and investment decisions. This program will equip you with the tools to address these specific challenges and deepen your understanding of investment opportunities for high-net-worth families. You will emerge with the competence and confidence to design a wealth management strategy and structure that effectively meets your family's goals.
    Details

    Gain insights to build a professional family office

    • Establish the right structure, governance, and organizational design for a family office
    • Make savvier financial decisions based on a deeper understanding of family wealth management
    • Set clear goals that reflect the family's priorities and principles

    Find solutions to your wealth management challenges

    • Develop an action plan for initiating an intergenerational transfer
    • Implement best practices for separating operating assets and family office assets
    • Make key hires or use outsourcing to address skills gaps

    Explore the full range of investment opportunities

    • Apply frameworks for evaluating unique investment opportunities for family real estate, niche assets, emerging markets, public market ideas, and startup/venture-backed investments
    • Determine whether (and how) to pursue opportunities in private equity
    • Stay informed about investing in frontier asset classes

    Analyze philanthropic opportunities and partnerships

    • Evaluate philanthropic pursuits and partnership opportunities
    • Consider the pros and cons of strategies such as impact investing
    • Discover other ways of investing for impact, such as via endowment models

    Expand your personal and professional network

    • Extend your network by living and working with accomplished executives from various backgrounds, industries, and countries around the globe
    • Build relationships with a diverse group of peers who can provide wide-ranging insights into your business challenges and career decisions

    Who Should Attend

    • Executives from a family office or wealth management office
    • Family business owners, beneficial owners, and other family members, including children of the business leaders and their spouses/partners
    • Particularly appropriate for chief investment officers, chief executive officers, investment managers, or top family business leaders
    • Also appropriate for family members with a range of financial acumen—from expert to novice
    • Not appropriate for investors who are not representing a family's interests

    Attendance by multiple company representatives or family members is encouraged but not required.

    Chief executives and family members involved in the company and looking to expand business strengths and strategies are encouraged to explore our program, Families in Business.

    Program for Leadership Development participants earn 3 PLDA Points on completion of this program.

    Dive Deeper into the Experience
    Image/@Alt Play video
    Image/@Alt Play video
    Inside the Classroom
    See how exchange with faculty and peers yields new insights into critical business trends.
    Watch the VideoWatch the Video
    Image/@Alt Play video
    Image/@Alt Play video
    We Celebrate New Ways of Thinking. Are You Ready?
    Thrive in a learning environment that welcomes diverse ideas and perspectives.
    Watch the VideoWatch the Video
    Image/@Alt Play video
    Image/@Alt Play video
    Discover more about business. And yourself.
    Global perspectives > Leadership growth > Organizational impact.
    Watch the VideoWatch the Video
    Dropdown down Dropdown up

    Who Should Attend

    • Executives from a family office or wealth management office
    • Family business owners, beneficial owners, and other family members, including children of the business leaders and their spouses/partners
    • Particularly appropriate for chief investment officers, chief executive officers, investment managers, or top family business leaders
    • Also appropriate for family members with a range of financial acumen—from expert to novice
    • Not appropriate for investors who are not representing a family's interests

    Attendance by multiple company representatives or family members is encouraged but not required.

    Chief executives and family members involved in the company and looking to expand business strengths and strategies are encouraged to explore our program, Families in Business.

    Program for Leadership Development participants earn 3 PLDA Points on completion of this program.

    Dive Deeper into the Experience
    Image/@Alt Play video
    Image/@Alt Play video
    Inside the Classroom
    See how exchange with faculty and peers yields new insights into critical business trends.
    Watch the VideoWatch the Video
    Image/@Alt Play video
    Image/@Alt Play video
    We Celebrate New Ways of Thinking. Are You Ready?
    Thrive in a learning environment that welcomes diverse ideas and perspectives.
    Watch the VideoWatch the Video
    Image/@Alt Play video
    Image/@Alt Play video
    Discover more about business. And yourself.
    Global perspectives > Leadership growth > Organizational impact.
    Watch the VideoWatch the Video

    Learning and Living at HBS

    When you participate in an Executive Education program on the HBS campus, you enter an immersive experience where every aspect of the learning model has been carefully designed to facilitate your growth. Your learning will take place on your own, in your living group, and in the larger classroom, driven by the renowned HBS case method.

    Dropdown down Dropdown up

    Learning and Living at HBS

    When you participate in an Executive Education program on the HBS campus, you enter an immersive experience where every aspect of the learning model has been carefully designed to facilitate your growth. Your learning will take place on your own, in your living group, and in the larger classroom, driven by the renowned HBS case method.

    Admissions Criteria and Process

    We admit candidates to specific sessions on a rolling, space-available basis, and encourage you to apply as early as possible. Although most programs have no formal educational requirements, admission is a selective process based on your professional achievement and organizational responsibilities.
    Read More
    Dropdown down

    Answering Your Questions

    Our Program Advising team can help you at any stage of the admissions process—starting with identifying the program that best addresses your learning and development goals. Contact a program advisor via email or call 1.800.427.5577 (outside the U.S., call +1.617.495.6555).

    Application Submission

    We recommend that you apply at least four weeks before the program start date. You may use our online form or download an application. HBS maintains all application information in strict confidentiality. We acknowledge receipt of applications via email. In the unlikely event that you do not receive an acknowledgment, please email us at exed_admissions@hbs.edu or call us at +1.617.495.6226.

    Application Review

    To optimize the learning experience and maximize the exchange of ideas, our Admissions Committee makes selections that balance each participant's experience, scope of current responsibilities, and type of organization. HBS seeks candidates who reflect a broad range of industries, functions, countries, and backgrounds. We review applications monthly and will contact you via email with the Admissions Committee's decision.

    Fee, Payment, and Cancellations

    The program fee covers tuition, books, case materials, accommodations, and most meals. No payment is necessary until you have been accepted. Payment is required prior to the program start date. If you need to cancel or defer participation, you must submit your request in writing more than 30 days before the start of the program to receive a full refund. Cancellations or deferrals received 14 to 30 days prior to the start of the program are subject to a fee of one-half of the program fee. Requests received within 14 days are subject to full payment.

    Admissions Criteria and Process Dropdown down

    Admissions Criteria and Process Dropdown down

    We admit candidates to specific sessions on a rolling, space-available basis, and encourage you to apply as early as possible. Although most programs have no formal educational requirements, admission is a selective process based on your professional achievement and organizational responsibilities.

    Answering Your Questions

    Our Program Advising team can help you at any stage of the admissions process—starting with identifying the program that best addresses your learning and development goals. Contact a program advisor via email or call 1.800.427.5577 (outside the U.S., call +1.617.495.6555).

    Application Submission

    We recommend that you apply at least four weeks before the program start date. You may use our online form or download an application. HBS maintains all application information in strict confidentiality. We acknowledge receipt of applications via email. In the unlikely event that you do not receive an acknowledgment, please email us at exed_admissions@hbs.edu or call us at +1.617.495.6226.

    Application Review

    To optimize the learning experience and maximize the exchange of ideas, our Admissions Committee makes selections that balance each participant's experience, scope of current responsibilities, and type of organization. HBS seeks candidates who reflect a broad range of industries, functions, countries, and backgrounds. We review applications monthly and will contact you via email with the Admissions Committee's decision.

    Fee, Payment, and Cancellations

    The program fee covers tuition, books, case materials, accommodations, and most meals. No payment is necessary until you have been accepted. Payment is required prior to the program start date. If you need to cancel or defer participation, you must submit your request in writing more than 30 days before the start of the program to receive a full refund. Cancellations or deferrals received 14 to 30 days prior to the start of the program are subject to a fee of one-half of the program fee. Requests received within 14 days are subject to full payment.
    Download Brochure
    Download Brochure
    Download Brochure
    Program content, dates, schedule, fees, technology platforms, and faculty are subject to change. In accordance with Harvard University policy, Harvard Business School does not discriminate against any person on the basis of race, color, sex or sexual orientation, gender identity, religion, age, national or ethnic origin, political beliefs, veteran status, or disability in admission to, access to, treatment in, or employment in its programs and activities.
    Chris Malloy Lauren Cohen

    "We want to create a safe learning space where families in similar circumstances can speak openly."

    Lauren H. Cohen
    Faculty Chair
    Learn More
    Download Brochure
    Program Finder
    Need Help? Contact Us:
    Program Advising team
    Email: executive_education@hbs.edu
    Chris Malloy Lauren Cohen

    "We want to create a safe learning space where families in similar circumstances can speak openly."

    Lauren H. Cohen
    Faculty Chair
    Learn More
    Need Help? Contact Us:
    Program Advising team
    Email: executive_education@hbs.edu
    Related Programs
    Families in Business
    Date TBD
    Format In-Person
    Location HBS Campus

    Program Details
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    Explore All ProgramsView Full Program Schedule
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