Privacy Policy
By registering for BM016aE, you agree to ISCA's Privacy and Data Protection Policy at http://isca.org.sg/privacy-and-data-protection-policy and that ISCA may collect, use and/or disclose your personal data for matters relating to the enrolment of BM016aE in accordance with the Personal Data Protection Act 2012. The Institute may from time to time use your personal data to inform you of related news, activities, benefits, goods, services, facilities and events. The Institute may also use your personal data for the conduct of statistical research and studies, and analyse the data collected to administer, develop and improve its services. For the purpose of event coverage, photography (and videography) will be in progress during the event. Please inform the photographers (or organiser) if you do not wish for your photographs to be taken. Further, you agree that ISCA may disclose your Personal Data to Azzarion for the purpose of processing your enrolment and course administration, which shall be subject to Azzarion's Privacy Policy.
Wealth Preservation and Business Succession - Top practices by Asian Wealthy families is a 3-day course. You can choose to attend one or more days based on your learning needs, or opt for the full 3 days to master all aspects of wealth management and business succession planning. Enjoy cost savings when you attend two or more days!
Choose between these options:
Day 1: Pillars of Family Wealth & Business Sucession Planning
Day 2: Dynamics of Family Wealth & Business Sucession Planning
Day 3: Strategies for Pillars of Family Wealth & Business Succession Planning
Package A: Day 1 + Day 2 (save $100)
Package B: Day 2 + Day 3 (save $100)
Package C: Day 1 + Day 3 (save $100)
Package D: Day 1 + Day 2 + Day 3 (Save $600)
Part | Course Content | Session Date(s) | Price (before GST) |
1 | (This does not include day 2 and 3) | 3 Apr 2024 | $1,200 |
2 | (This does not include day 1 and 3) | 4 Apr 2024 | $1,200 |
3 | (This does not include day 1 and 2) | 5 Apr 2024 | $1,200 |
Package A | (This does not include day 3) | 3 Apr 2024 4 Apr 2024 | $2,300 |
Package B | (This does not include day 1) | 4 Apr 2024 5 Apr 2024 | $2,300 |
Package C | (This does not include day 2) | 3 Apr 2024 5 Apr 2024 | $2,300 |
Package D | (This includes all three days) | 3 Apr 2024 4 Apr 2024 5 Apr 2024 | $3,000 |
Programme Outline
Pillars of Family Wealth & Business Succession Planning
Session 1: Family Wealth & Business Succession Planning
Introduction and case studies | Three Case Studies –how some families’ wealth disintegrated, while others remained intact into the 4th generation. |
Strategies for allocating privileges, position, and power | “3 Quantitative + 1 Qualitative” mechanism for achieving successful succession planning: -
- The 3 quantitative mechanisms
- Generational Wealth Strategy
- Wealth Holding Structures
- Family Governance
- The qualitative mechanism: overview of 18 guiding principles that all family office advisors should have in mind.
|
Session 2: Generational Wealth Strategies (GWS)
Choosing the formula – will it be gender, by generation or by lineage?
Member class structures | Understanding the various family member classes and their significance: ▪ Member class & class member – understand the difference. ▪ Privileges, Incentives and Rights – understand the difference. |
Applying the GWS formula for your client’s demographic profile. | - The planning structure forgotten by most founders.
- 4 core GWS options for different family values & demographics, and why. Understanding the advantages & pitfalls of each option.
- How the GWS design in the family constitution balances between certainty and flexibility.
|
Asian families with only daughters | How a gender-biased founder should plan if he only has daughters. |
Consequences of not planning | 3 major pitfalls for the family in the long run. |
Family & working dividend | Building stewardship: - How to balance family dividends and working dividends between family members’ needs and incentives.
- Understanding the 3 fair and equitable formulas for calculating working dividends and family dividends, and why.
|
Bottom-up double portion calculation method | Seniority-based and member class strategies – understand their significance. |
Session 3: Family Governance
Family Council | Professionalizing family relations and setting up roles of the family council. |
Family Constitution | - Discover the 12 inherent clauses in the family constitution in most Asian families.
- Designing the global vs local constitution for siblings-owned family business.
|
Family Committees | The 4 major committees in the Family Council: - Family Business Committee
- Family Employee Committee
- Family Office Investment Committee
- Family Relations Committee
|
The family governance process | Five steps for operating one’s own family council meetings. |
Training Methodology
Lecture style with Case Studies
Closing Date for Registration
1 week before programme or until full enrolment.
Intended For
Trustees, lawyers, tax accountants, and financial planners who wish to expand their private wealth and ultra-high net worth customer base.
Schedule & Fees
Testimonial
Funding
No funding Available!
Programme Facilitator(s)
Privacy Policy
By registering for BM016aE, you agree to ISCA's Privacy and Data Protection Policy at http://isca.org.sg/privacy-and-data-protection-policy and that ISCA may collect, use and/or disclose your personal data for matters relating to the enrolment of BM016aE in accordance with the Personal Data Protection Act 2012. The Institute may from time to time use your personal data to inform you of related news, activities, benefits, goods, services, facilities and events. The Institute may also use your personal data for the conduct of statistical research and studies, and analyse the data collected to administer, develop and improve its services. For the purpose of event coverage, photography (and videography) will be in progress during the event. Please inform the photographers (or organiser) if you do not wish for your photographs to be taken. Further, you agree that ISCA may disclose your Personal Data to Azzarion for the purpose of processing your enrolment and course administration, which shall be subject to Azzarion's Privacy Policy.
Wealth Preservation and Business Succession - Top practices by Asian Wealthy families is a 3-day course. You can choose to attend one or more days based on your learning needs, or opt for the full 3 days to master all aspects of wealth management and business succession planning. Enjoy cost savings when you attend two or more days!
Choose between these options:
Day 1: Pillars of Family Wealth & Business Sucession Planning
Day 2: Dynamics of Family Wealth & Business Sucession Planning
Day 3: Strategies for Pillars of Family Wealth & Business Succession Planning
Package A: Day 1 + Day 2 (save $100)
Package B: Day 2 + Day 3 (save $100)
Package C: Day 1 + Day 3 (save $100)
Package D: Day 1 + Day 2 + Day 3 (Save $600)
Part | Course Content | Session Date(s) | Price (before GST) |
1 | (This does not include day 2 and 3) | 3 Apr 2024 | $1,200 |
2 | (This does not include day 1 and 3) | 4 Apr 2024 | $1,200 |
3 | (This does not include day 1 and 2) | 5 Apr 2024 | $1,200 |
Package A | (This does not include day 3) | 3 Apr 2024 4 Apr 2024 | $2,300 |
Package B | (This does not include day 1) | 4 Apr 2024 5 Apr 2024 | $2,300 |
Package C | (This does not include day 2) | 3 Apr 2024 5 Apr 2024 | $2,300 |
Package D | (This includes all three days) | 3 Apr 2024 4 Apr 2024 5 Apr 2024 | $3,000 |
Programme Outline
Pillars of Family Wealth & Business Succession Planning
Session 1: Family Wealth & Business Succession Planning
Introduction and case studies | Three Case Studies –how some families’ wealth disintegrated, while others remained intact into the 4th generation. |
Strategies for allocating privileges, position, and power | “3 Quantitative + 1 Qualitative” mechanism for achieving successful succession planning: -
- The 3 quantitative mechanisms
- Generational Wealth Strategy
- Wealth Holding Structures
- Family Governance
- The qualitative mechanism: overview of 18 guiding principles that all family office advisors should have in mind.
|
Session 2: Generational Wealth Strategies (GWS)
Choosing the formula – will it be gender, by generation or by lineage?
Member class structures | Understanding the various family member classes and their significance: ▪ Member class & class member – understand the difference. ▪ Privileges, Incentives and Rights – understand the difference. |
Applying the GWS formula for your client’s demographic profile. | - The planning structure forgotten by most founders.
- 4 core GWS options for different family values & demographics, and why. Understanding the advantages & pitfalls of each option.
- How the GWS design in the family constitution balances between certainty and flexibility.
|
Asian families with only daughters | How a gender-biased founder should plan if he only has daughters. |
Consequences of not planning | 3 major pitfalls for the family in the long run. |
Family & working dividend | Building stewardship: - How to balance family dividends and working dividends between family members’ needs and incentives.
- Understanding the 3 fair and equitable formulas for calculating working dividends and family dividends, and why.
|
Bottom-up double portion calculation method | Seniority-based and member class strategies – understand their significance. |
Session 3: Family Governance
Family Council | Professionalizing family relations and setting up roles of the family council. |
Family Constitution | - Discover the 12 inherent clauses in the family constitution in most Asian families.
- Designing the global vs local constitution for siblings-owned family business.
|
Family Committees | The 4 major committees in the Family Council: - Family Business Committee
- Family Employee Committee
- Family Office Investment Committee
- Family Relations Committee
|
The family governance process | Five steps for operating one’s own family council meetings. |
Training Methodology
Lecture style with Case Studies
Closing Date for Registration
1 week before programme or until full enrolment.
Intended For
Trustees, lawyers, tax accountants, and financial planners who wish to expand their private wealth and ultra-high net worth customer base.
Programme Facilitator(s)
