Wealth Management

HFOP Module 1 - Overview of the Family Offices & Foundations of a Successful Family Office


This is Module 1 of the Henley Family Office Program (HFOP) which consists of 12 Modules. This first module of the program provides an introductory overview to all things family office-related, setting the scene for the subsequent modules. It also covers the foundations that need to be built by the family in order to create a strong and lasting family office, including some insights into the people behind the financial accounts, the value of a communicative and united family, and the importance of understanding relationships and the softer side of wealth management.

Each module of the program includes five parts: Pre-reading, eCourse (together with the Presentation slides), Quiz and Post-reading materials that aims for learners to have a full understanding of the topic.

This module is a 3.5-hour (approx. study time) course and is eligible for 2 SFC CPT/PWMA OPT hours.

Check out the other modules in the Program:


By the end of this module, you will be able to:
- Name the characteristics of a family office
- Explain the design consideration of a family office
- Recall the operational needs and legal structure of a family office
- Tell the challenges in managing family wealth
- List and describe the elements of a successful family office

Content Highlight

Part 1 - Pre-reading materials
(i) What is a family office and who are they for?
(ii) Family Office Quick Guide
(iii) They can do what they want’: Archegos and the $6tn world of the family office
(iv) The Northern Trust Family Office Benchmarking Report 2020

Part 2 - Presentation Slides of the eCourses

Part 3a - Introduction to Family Offices*
(i) Section 1: Characteristics of a Family Office
(ii) Section 2: Design Considerations
(iii) Section 3: Infrastructure of the Family Office
(iv) Section 4: Concluding Remarks

Part 3b - Foundations of a Successful Family Office*
(i) Section 1: Challenges in Managing Family Wealth
(ii) Section 2: Best Practices
(iii) Section 3: Practical Steps to Success
(iv) Section 4: Concluding Remarks

Part 4 - Quiz*
The quiz consists of 15 questions where learners have 3 attempts to achieve at least 80% with correct answers as a pass.

Part 5 - Post-reading materials
(i) Dynastic Planning: A 7-Step Approach to Family Business Succession Planning and Related Conflict Management
(ii) Sample Mission Statement from the Morgan Stanley report
(iii) The Reality of Relevancy in the Family Office System: Exploring forces and key drivers that can affect relevancy
(iv) What makes a sustainable family office
(v) The changing priorities of different generations
(vi) A Focus on Intergenerational Leadership
(vii) Kevin Money Prof. of Reputation and Responsibility, Henley Business School
(viii) A Study on Driverless-Car Ethics Offers a Troubling Look Into Our Values

* mandatory parts to complete

Who Should Attend

(1) Professionals who are keen to succeed in the world of family office management
(2) Individuals who want to set up their own family office
(3) Practitioners who wish to take their career to the next level or looking for a role in the industry

Administrative Details

Relevant Subject
Type 9 - Asset management
SFC:2.00, PWMA:2.00
All Member: HKD775
Chinese Securities Association of Hong Kong (HKCSA): HKD1,085
Non-Member: HKD1,550
Staff of Corporate Member: HKD775