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INTERNATIONAL MANAGEMENT OF FAMILY WEALTH PROGRAM
Elevate your Financial Legacy and let knowledge meet prosperity
At IUM, we strive to be the trusted learning partner for ambitious individuals and organizations worldwide.
Our IUM Finance Programs are tailored to meet the specific needs of finance professionals seeking to enhance their expertise and leadership capabilities in the financial industry. These programs are designed to provide in-depth knowledge and practical skills to navigate complex financial challenges and drive business success. Participants who will benefit from this program are finance managers, CFOs, financial analysts, and other professionals from diverse industries.
Dates
June to February
topic
How to effectively manage and preserve family wealth across generations, with a global perspective
Format
Face-to-face and Online
location
International University of Monaco and Online on Teams
Language
English
fees
2,220 Euros VAT included
In response to the growing demand for specialized expertise in managing the wealth of ultra-high-net-worth individuals (UHNWIs) and their globally diversified interests, the ‘International Management of Family Wealth’ Program (IMFW) has been meticulously developed to offer an in-depth perspective and practical tools. As affluent families expand their investments across international borders, the intricacies of wealth preservation and growth within diverse legal, tax, and cultural frameworks have become increasingly complex.
In association with STEP STEP, the IMFW Program provides an immersive learning experience, offering participants a comprehensive understanding of effective family wealth management. By delving into critical areas such as jurisdictional considerations, asset management strategies, and financial affairs oversight, this program equips professionals with practical tools to navigate the multifaceted landscape of complex family wealth.
PROGRAM DESIGN
The program is composed of 4 modules. Participants are free to choose one or more modules from the list below:
Module 1 – Vehicles – International Trust and Estate Planning – June
Module 2 – Tax and Compliance – Principles of International Taxation, AML and Compliance – September
Module 3 – Investment – Asset Management for multi-generational, International Family – November
Module 4 – Family – International Succession, Matrimonial Law and Family Governance – January
If participants have completed the four modules, a final exam allows them to get the IUM Certificate in Business Excellence, and grant eligibility to apply for full STEP membership, along with two years of professional experience as practitioner.
If participants only complete one, two or three modules, they will obtain the IUM Advanced Certificate of their specialty after the module exam.
Format for each module:
The program is delivered through a dynamic blend of expert-led online sessions (80%) and immersive face-to-face sessions in Monaco at IUM (20%)
– 4,5 hours on Friday afternoon (3 times a month)
– 3 hours on Saturday morning (3 times a month)
– 1 full day face-to-face (final Friday) on the IUM Campus (case studies and wrap-up)
Prof. Gregory Moscato
Academic Supervisor
Gregory F. Moscato, MBA, PhD, is a finance professor and director of the Master of Science in Finance programs at the International University of Monaco. Dr. Moscato joined IUM in 2003 to strengthen the Finance tracks of the university’s various programs and played a key role in 2005 in the development and implementation of the Master in Finance program. Leading this program since 2008, Dr Moscato works closely with the financial industry and the Monegasque authorities to promote high academic and professional standards within the Principality. He oversaw the development of the official professional finance certifications of Monaco and has been in charge of the finance certification programs at the IUM since 2014. He has written numerous articles on the role of financial education in the sustainable growth of financial centers. His other research interests include the financial dimensions of business intelligence, the subjectivity of risk perception, risk premium estimates, the relationships between shareholders, corporate governance and performance, and the leading signals of financial crises. Prior to his academic orientation Dr. Moscato had started his career in the financial industry in New York. He is a regular advisor to banks, family offices and corporations. Dr. Moscato holds an MBA degree from the International University of Monaco and has earned his PhD at the University of Paris-Est.
Paolo Panico
Academic Supervisor
Paolo Panico TEP is a Scottish solicitor and notary public, a Romanian “avocat” and a Registered European Lawyer in Cyprus. He was a Luxembourg “avocat à la Cour” until 2022 He is a director of Private Trustees SA, a Luxembourg trust company, and a director of Teton Trust Company LLC, a licensed trust company in Wyoming (USA). Paolo teaches courses at the Master in Wealth Management of the University of Luxembourg and at the LLM of the University of Liechtenstein. His publications include Private Foundations. Law and Practice (Oxford Univerity Press, 2014), International Trust Laws (2nd edition, Oxford University Press, 2017) and (as editor) Beneficial Ownership Registers. The STEP Handbook for Advisors (Globe Law and Business, 2021), Trust Laws in Cyprus. An International Perspective (Globe Law and Business, 2022) He is a member of the worldwide Board of Directors and Chairman of the “Europe” Region of STEP (Society of Trust and Estate Practitioners), Deputy Chairman of the International Tax Planning Association (ITPA), member of the executive committee of the “Associazione Il Trust in Italia”, and academic of The International Academy of Estate and Trust Law (TIAETL).
CONTACT
Federica conte
Operations & Digital Coordinator
fconte@ium.monaco.edu +377 97 986 525
giulia mercanti
Admissions
gmercanti@ium.monaco.edu +377 97 986 520
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