Master the HNWI and Family Business Advisory Landscape
Wealth Management Masterclass
Advising Family Businesses and Wealthy Clients
The Wealth Management Masterclass is designed to equip financial planners with the essential knowledge, skills, and competencies to effectively serve the high-net-worth market. Beyond technical expertise, the program also emphasizes the development of soft skills crucial for success in this exclusive segment. According to the 2024 World's Wealthiest Cities Report, Singapore ranks fourth globally with over 240,000 millionaires. This growth presents a significant opportunity for advisors to offer tailored wealth accumulation, preservation, and legacy planning services.
The Challenge
Singapore's wealth landscape is evolving rapidly, with over 244,800 millionaires and family-owned businesses making up 60% of SGX-listed companies. Standard advisory models often fail to address the complex dynamics of wealth preservation, business continuity, and multi-generational legacy planning that these high-net-worth families require.
The Solution
This 14-hour masterclass equips you with advanced toolkits like Genogram analysis and the O-F-B model. You'll master the art of advising on business succession, family dynamics, and sophisticated wealth distribution strategies, earning IBF Proficiency Level 4 in Personal Finance Advisory.
What You'll Learn
1. Advanced Wealth Advisory
- •Enhance your expertise in core wealth management themes: gap analysis, wealth accumulation, preservation, legacy, equalization, and distribution strategies
- •Understand the profiles, characteristics, and unique needs of family-owned businesses and high-net-worth individuals
- •Use client engagement frameworks to analyze financial situations, identify gaps, and provide tailored solutions
- •Apply genogram analysis to assess family dynamics and develop customized wealth management proposals
2. Business Succession & Strategy
- •Utilize the O-F-B model and scenario planning analysis to identify gaps in family businesses and create strategies for business succession and legacy planning
- •Learn how to utilize insurance and investment products to meet clients' wealth management goals
- •Develop competencies in portfolio allocation and investment strategies
- •Build proficiency in succession and legacy planning
Upon Completion, You Will Be Able To
Achieve proficiency in Technical Skills and Competencies (TSCs) for Personal Finance Advisory (Level 4)
Confidently engage with ultra-high-net-worth families and business owners
Apply sophisticated tools like genograms and the O-F-B model in your practice
Qualify for 14 non-core CPD hours on completion
Who Should Attend?
✓ Licensed Representatives
Professionals working as Financial Planners, Insurance Agents, and specialists involved in financial advisory.
Course Fee & Funding
IBF-STS Funding Available
IBF-STS Funding Available This course has been accredited under the Skills Framework for Financial Services and is eligible for funding under the IBF Standards Training Scheme (IBF-STS), subject to all eligibility criteria being met. Participants are advised to assess the suitability of the course and its relevance to his/her business activities or job roles. The IBF-STS is available to eligible entities and individuals based on the prevalent funding eligibility, quantum and caps. IBF-STS provides up to 70% course fee subsidy support for direct training costs subject to a cap of S$3,000 per candidate per course subject to all eligibility criteria being met. 70% Course Fee Subsidy IBF-STS provides 70% course fee subsidy support for direct training costs subject to a cap of S$3,000 per candidate per course, subject to all eligibility criteria being met. Funding period: Funding period till 15-06-2030 Find out more on www.ibf.org.sg
70% Course Fee Subsidy
IBF-STS provides 70% course fee subsidy support for direct training costs subject to a cap of S$3,000, subject to all eligibility criteria being met.
Find out more on www.ibf.org.sg
Upcoming Dates
18 & 21 May 2026
Multiple Sessions
1 North bridge road, High street centre , #03-07/08, S179094
Frequently Asked Questions
Ready to Transform Your Practice?
Join this course and gain the skills and confidence to serve your clients at the highest level.