Family Office Advising
Family Office Advising
Day 1 Faculty Session Timing Module Coverage 9.30 am – 10.30 am Introduction of the Facilitators and Participants Aditya Gadge Setting the Context of the session 10.30 am – 11.30 am Introduction to the Family Office Sunil shah Purpose and Definition of Famil Office Types of Family Offices Key Roles of Family Office Rising Trends among Indian Family Offices Determing Family Wealth Management Needs 11.30 am – 12 noon TEA – BREAK 12.00 noon – 1.00 pm Family Office Strategy Munish Randev Value Statements Importance of Mission Statement Importance of Vision Statement Building a Family Office Vision Aligning the Vision with a Strategic Family Office Plan Seperating Family Office from Family Business 1.00 pm – 2.00 pm LUNCH – BREAK 2.00 pm – 3.30 pm Establishing & Strcuturing of Family Office Munish Randev Legal Enttites to Consider Who Should Manage the Family Office Family Office Costs 3.30 pm – 3.45 pm TEA – BREAK 3.45 pm – 5.30 pm Family Office Operations Munish Randev Best Practices Technology Talent Management Compliance & Documentation Service Providers End of Day 1 Day 2 9.30 am – 10.00 am Reflection of Day 1 Aditya Gadge 10.00 am – 11.45 am Investment Management & the Family Office Nitai Utkarsh Goals-based Approach to Asset Allocation Investment Process & Review Role of Chief Investment Officer The Outsourced CIO Model 11.45 am – 12 noon TEA BREAK 12.00 noon – 1.30pm Governance of the Family Office Nitai Utkarsh Talent & Team Structure Scope of Service & Delivery 1.30 pm – 2.30 pm LUNCH BREAK 2.30 pm – 3.30pm Case Study – Indian Family Office Nitai Utkarsh Family Genogram & Background Family Office Structure, Team & Functions Estate Planning Investment Management Legal & Comliance Standards Reflection based on learning 3.30pm – 3.45pm TEA BREAK 3.45 pm – 4.45 pm Role of Family Office Professionals Nitai Utkarsh •Attributes •Competencies & Skills 4.45pm to 5.30 pm Conclusion and Way Forward Aditya Gadge & Nitai Utkarsh
- Founder & CEO- Association of International Wealth Management of India (AIWMI)
- Founder & Principal Advisor- Indian Association of Alternative Investment Funds (IAAIF)
- Member- Board of Directors at Association of International Wealth Management (AIWM), Switzerland
- Member- Advisory Board at Family Office Group, USA.
Aditya has done his Masters in Human Resources, Masters in Economics and is a Certified Financial Planner. A prolific writer, Aditya has been regularly contributing to various business, financial and education publications. Aditya is also a Member- Editorial Board of International Family Offices Journal (Global Law & Business). Aditya has recently co-authored 2 books on Credit Research and 1 book on Global Family Offices.
Aditya is a Member- Occupational Standards Committee of the BFSI Sector Skills Council and is also a Member- Capital Markets Committee of Indian Merchants’ Chambers (IMC). Aditya is also a Mentor with some of the leading global start-up accelerators.
A Financial Services professional with deep expertise in Family Office and the Investment Advisory space, Nitai leads the Investment Strategy and the Chairman’s Family Office for Hero MotoCorp Ltd.
One of the first set of professionals to have worked on Family Offices in India, Nitai started his journey with developing and executing the concept of Family Office for probably the first commercial launch of such services in the country.
As part of the Family Office offering, Nitai has founded and managed an exclusive team of portfolio analytics specialists, set up teams, policies, and processes for a pioneering boutique Multi Family Office firm and subsequently for two large, diverse, and global Single Family Offices.
Nitai holds a degree in Engineering from the Indian Institute of Technology and an MBA from the Indian Institute of Management. His interests and expertise lie in dealing with complex structural issues related to global wealth preservation and transmission and in implementing portfolio risk-reward optimization techniques.
Munish is expert Family Office Advisor who works with families and UHNWs to help them plan & manage their wealth, create the family governance platforms & configure wealth holding structures. He sits on many family investment committees and also advises them on risk management & sustainability. He is also a mentor & advisor to select startups.
In his 24 years’ experience, he has worked with many leading financial services brands like ABN Amro Bank (Head of Wealth Management), Fidelity funds (Head of Product & Proposition), Avendus wealth (Head of Investment Advisory), Waterfield Advisors (Chief Investment Officer), etc. In his last avatar as a CIO, he was managing $ 2.8bn in financial assets across many leading families in India. His expertise spans across all product categories and multiple jurisdictions.
He has authored many articles and is often quoted in both domestic & international media. He is also a speaker at many summits & international conferences relating to family offices, global investing & family businesses.
Munish is an MBA in Finance and a graduate in Mathematics & Economics.
AIWMI Members- Rs. 15000
Non-members – Rs. 30000
*Fees is Exclusive of GST