18

Feb

-

Dates Pending

18

Mar

2025

Introduction to Family Offices in Cyprus

FROM

€

200

300

15 Verified CPD Points

15

HOURS

English

Kyriacos Kourtellos

description

COURSE DESCRIPTION

This course offers a comprehensive introduction to the concept of family offices, focusing on their purpose, structure, and essential services. Participants will explore how family offices address the unique challenges of high-net-worth individuals (HNWIs), including wealth preservation, succession planning, and philanthropy. The programme emphasizes the advantages of Cyprus as a family office hub, highlighting its strategic location, favorable tax regime, and high-quality professional services. Through interactive discussions, case studies, and expert insights, participants will gain a deep understanding of family office operations and trends.

What the Course Aims to Do

Provide an understanding of the purpose, structure, and roles of family offices.
Explore the challenges faced by HNWIs and how family offices tailor their services to meet these needs.
Introduce the different models of family offices, including single-family offices (SFOs), multi-family offices (MFOs), and virtual family offices.
Explain key services provided by family offices, such as wealth management, risk management, and legacy planning.
Highlight the regulatory, tax, and operational advantages of establishing a family office in Cyprus.
Analyze emerging trends in family offices, including the use of technology.
Equip participants with the skills to evaluate client needs and recommend suitable family office models and services.

Why Register for This Course?

Gain a deep understanding of how family offices operate and their critical role in wealth management.
Learn about different family office models and their suitability for various client needs.
Understand the evolving priorities of HNWIs and how family offices address intergenerational challenges.
Explore the benefits of Cyprus as a strategic hub for family offices, including its regulatory and tax advantages.
Benefit from case studies and interactive discussions to apply insights to real-world scenarios.
Stay ahead of industry trends, including the impact of digital transformation and ESG considerations.
Enhance your professional expertise in advising HNWIs and offering tailored family office solutions.

This course is ideal for wealth managers, financial advisors, family office executives, private bankers, estate planners, legal professionals, and business consultants serving high-net-worth clients. Expand your knowledge and position yourself as a trusted advisor in the competitive world of family office services.

This programme may be approved for up to 15 CPD Points. Eligibility criteria and CPD Points are verified directly by your association, regulator or other bodies which you hold membership.

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course content

Dates and times

Course content

Module 1: Understanding the Family Office Concept

Introduction to the purpose and definition of a family office
Key roles and responsibilities within a family office
How family offices serve high-net-worth individuals (HNWIs)
Overview of the challenges HNWIs face in managing their wealth
The evolving priorities of different generations in wealth management
Historical development of family offices and their relevance in today’s financial landscape
Interactive discussion: Managing generational wealth trends

Module 2: Types of Family Offices and Their Structures

Overview of different family office models: Single-family offices (SFOs), multi-family offices (MFOs), and virtual family offices
How family office structures vary based on client needs
Matching family office models to family goals (wealth management, investment, philanthropy, legacy)
Benefits and limitations of various family office structures
Interactive case study: Identifying the best family office model for a client
Group discussion: Comparing single-family offices to multi-family offices

Module 3: Key Services Offered by Family Offices

Overview of essential family office services:some text
- Wealth management and tax planning
- Philanthropy and legacy planning
- Risk management
- Financial services and investment management
Tailoring services based on family objectives (e.g., succession planning, asset preservation)
Strategic vs. operational services in a family office
Case study: Exploring a successful family office service model
How family offices enhance the client experience

Module 4: Challenges and Trends in the Family Office Sector

Common challenges faced by family offices:some text
- Intergenerational wealth transfer
- Managing family dynamics
The impact of global economic changes on family office operations
The evolving role of technology in family offices, including digital services, cybersecurity, and reporting tools
Emerging trends such as sustainable investments.
Interactive discussion: How technology is transforming family offices

Module 5: The Family Office in Cyprus – A Strategic Location

Introduction to Cyprus as a hub for family offices
Regulatory framework governing family offices in Cyprus
Wealth management services and tax benefits in Cyprus
Role of Cyprus in supporting family offices through professional services and infrastructure
Group discussion: Key benefits and opportunities for establishing family offices in Cyprus

This course provides a structured learning path, combining theoretical insights with practical applications through case studies, group discussions, and interactive sessions to ensure participants leave with actionable knowledge and skills.

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suitable for

COURSE PREVIEW

HAVE A LOOK
INSIDE THE COURSE

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course details

Methodology

Live sessions - online via Zoom

Interactive lecture with PowerPoint presentation

Case study and analysis and group discussion

Practical exercises to apply legal concepts in real-world scenarios

Q&A sessions for in-depth understanding

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Funding

This seminar is funded by the HRDA.

Our training center offers special prices for individuals who are not eligible for funding and the opportunity to pay the course fee in manageable installments.

Unemployed participants are eligible for HRDA funding provided they meet certain requirements. For more information, please contact us at 24 655510.

Admission Requirements

No pre-existing knowledge or qualifications are required for this course.

Who is this aimed at

Wealth Managers and Financial Advisors
Family Office Executives or employees
Private Bankers
Estate Planners and Tax Advisors
Legal Professionals specializing in high-net-worth clients Accountants and Auditors working with private clients
Business Consultants serving high-net-worth individuals (HNWIs)

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Certificate Awarded

A Training Certificate will be awarded to those participants who will successfully complete the training.

Coming Soon

More details about this course will be uploaded soon.

INSTRUCTOR

MEET YOUR INSTRUCTOR

Kyriacos Kourtellos

Kyriacos is an Advocate at K. A. Kourtellos & Co LLC. Prior to founding his firm, Kyriacos trained at a leading Litigation practice and held positions in the Corporate, Commercial and Energy departments of top-tier and Big 4 law firms. He has close to 15 years of experience in high-value business structuring, project development and transactional work.

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MORE ABOUT INSTRUCTOR

COLLABORATORS

ADDITIONAL INSTRUCTORs

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frequently asked
questions

QUESTION 01

Do I need to be registered on the ERMIS Portal?

Yes, if you are registering for a course that is HRDA accredited, all participants (either receiving funding or not) will have to access and register as natural persons on the ERMIS Portal. If you are receiving funding and you are being registered for continuous professional/vocational training by your employer, your employer should also be registered with the ERMIS platform as a legal person. Contact us if you have any difficulty registering as a natural person or a legal person.

QUESTION 02

Will I receive a certificate at the end of the training?

Yes, you will receive a Certificate of Attendance from ELTRC or the relevant awarding body.

QUESTION 03

Do you have terms and conditions for seminar attendance?

Yes. You may find our terms and conditions here.

QUESTION 04

Will I receive the notes for the lesson and have access to recordings?

Yes, you will be given the course materials through an online platform and you will be allowed to download and keep the course materials and specimens for certain courses. Recordings will also be available in the drive for three months.