With the first Liechtenstein Family Office Forum, to be held on 11 and 12 June, the Institute for Financial Services of the University of Liechtenstein offers an exclusive opportunity for exchanges with internationally successful family officers along with a compact course of further training for family office practitioners.
With the first Liechtenstein Family Office Forum, to be held on 11 and 12 June, the Institute for Financial Services of the University of Liechtenstein offers an exclusive opportunity for exchanges with internationally successful family officers along with a compact course of further training for family office practitioners.
Family offices find themselves confronted with a wide-ranging spectrum of tasks and issues. What is called for here is a comprehensive, independent consultancy service from a single source, in the form of a one-stop shop for all concerns relating to financial management. Particular challenges in this field are presented by international and global questions, as well as the need for interdisciplinary and networked planning and management. A family office needs to adapt to an exceedingly dynamic situation in terms of government regulations, tax law, civil law and the economic background, if it is to be successful in passing on family assets over the generations.
Exclusive platform in Liechtenstein
With the Liechtenstein Family Office Forum, the House of Finance of the University of Liechtenstein offers players in the family office business sector a practical and compact opportunity of further training, with contributions from exclusive guest speakers. The aim of the event is to bring together the family office community – including persons with family assets as well as those with a family office and their advisers, both on the present occasion and with a view to positioning Liechtenstein as a family office centre.
The art of cheesemaking as an alternative investment
The art of cheesemaking between Engadin and Valposchiavo
Under the auspices of the Family Office Forum in Liechtenstein, Kurt A. Engelhorn will present the philosophy behind his putting his trust in alternative investment categories like collectable cars, wine and ‘Prodotti di Capra’ [‘Goat Products’] from La Rösa. Himself a collector of automobiles, he understands from his own experience the challenges facing a family office when it comes to maintaining the value of such assets, and is committed to the aim of preserving this model craft from dying out.
A passion for collectable cars
Emotionalism versus profitability
An emotional connection with beautiful cars can result in profitable investments which you can house, large as life, in your own garage. Florian Seidl is responsible for professionally managing the car collection of Kurt A. Engelhorn and many other vintage car enthusiasts. He has turned his passion into a profession, and will explain at the Family Office Forum in Liechtenstein in great detail how it is possible for enthusiastic car-lovers nonetheless to make profitable investments. These are success stories not just for the ‘top ten thousand’ but also for people with relatively limited budgets.
Good wine and big profits
For Dr Daniel Kieber, wine means more than just gratification of the senses. He is acquainted with the potential of top-quality rare wines as a low-risk and stable category of wealth management. At the Liechtenstein Family Office Forum he will be offering insights behind the scenes of this exceptional form of investment, and will also point to the dangers of unnatural price explosions caused by professional investments in this field.
Wine cellars of the Prince of Liechtenstein
Wednesday evening event at the Hofkellerei [Wine Cellars] of the Prince
On Wednesday evening, starting from 5.00 pm, the topical study ‘Family Office – Mythos mit Zukunft’ [‘Family Office – Myth with a Future’] of the Bayerisches FinanzZentrum [Bavarian Financial Centre] will be presented at the Hofkellerei [Wine Cellars] of the Prince of Liechtenstein. After this, those taking part will be given exclusive insights into the world of alternative investments in collectable cars and wines from two different perspectives – that of the owner of the asset, and that of the professional consultant. Additional light will be cast on the development of Liechtenstein as a successful centre for the family office and on the opportunities and challenges of the future.
Thursday: Forum with contributions from exclusive family officers
On the Thursday the question of the positioning of Liechtenstein as a centre for family offices in the context of international competition, will be supplemented by legal aspects of all kinds, including civil law, inheritance law, international private law, corporate law and tax law. The lifecycle and significant milestones of family offices will be comprehensively analysed and discussed in the light of case studies. Final items on the agenda will be the importance of sustainable investments and philanthropy for Liechtenstein as a financial centre.
Finanzplatz 3.0: House of Finance at the University of Liechtenstein
Family Office Forum Liechtenstein
to be held on Wednesday, 11 June 2014, starting at 5.00 pm
Hofkellerei [Wine Cellars] of the Prince of Liechtenstein, Vaduz
and Thursday, 12 June 2014, from 8.30 am to 5.30 pm
Auditorium of the University of Liechtenstein, Vaduz
Further information and bookings (by 06.06.2014 please) at www.uni.li/familyoffice.