The Future of Your Family Office

Chicago Booth School of Business

Finance Programs

About Programme

Transform into a world-class family office with clarity and confidence.

The Future of Your Family Office combines rigorous academic insight with hands-on, customized application. This program equips senior family office leaders—family principals and non-family executives alike—to build a clear, actionable strategic and operating blueprint aligned around purpose, governance, capital strategy, and execution.

Over five days, participants gain the frameworks and strategic clarity needed to design a purpose-driven, multigenerational roadmap. By attending, you’ll sharpen your judgment through practical frameworks, coaching from experienced practitioners who challenge your assumptions, and candid peer collaboration—all within a confidential, solicitation-free environment.

You’ll learn from distinguished faculty and seasoned practitioners with decades of experience advising and operating single-family offices, alongside peers navigating similar complexities.

This program serves as an elective to:

Advanced Management Program

Global Advanced Finance Program

Designed for senior-level executives from new or established single family offices with over $250 million in assets under management.

The program is especially beneficial for those who are navigating generational transitions, liquidity events, complex governance challenges, or questions of purpose and strategy.

This program will be of greatest interest to:

This program excludes external advisors unless invited by a participating family and approved by Chicago Booth.

Programme Content

Interactive Faculty Lectures

Jam Sessions

Family Office Plan Design Workshops and Review

Programme Objective

The mornings will consist of engaging and interwoven lectures on relevant topics; the afternoons are organized around 'jam sessions' designed to provoke your creative, sometimes uncomfortable, thinking about how to optimize a family office while expressing the values central to family glue and community engagement.

By attending this program, you will explore key themes in:

Foundations of Family Enterprise Strategy

What what does success look like?

How should we structure ownership, governance, and the family office to align with our goals?

What tradeoffs are we willing to make?

What Success Can Look Like

What will our family office look like in 20–30 years, and how will it evolve?

How should we design structure, compensation, and performance management?

How do we ensure accountability while enabling honest, constructive dialogue?

Business Impact—Results that Matter

Which assets and cash flows should remain centralized, and which should be distributed?

Is the family office designed as a profit center, a service center, or a hybrid of both?

Which functions are core to the family office’s mission and should remain in-house?

What activities are better served through outsourcing or external partnerships?

Durable Governance and Leadership

Do we want our office to be founder-dependent or founder designed?

How do we establish, communicate and enforce guardrails to prevent unintended services proliferation within the family office?

How do we build resilient and flexible governance and family engagement for the long term?

Shaping the Multi-Generational Engagement

In family office design, how do we balance serving the collective whole while also respecting individual autonomy?

How can we institutionalize the founder’s entrepreneurial spirit and measured risk-taking in subsequent generations of the family and the family office?

How important are shared values and a shared sense of history and of our collective future? If those are insufficient, how do we recognize that and what do we do?

Programme Audience

Designed for senior-level executives from new or established single family offices with over $250 million in assets under management.

The program is especially beneficial for those who are navigating generational transitions, liquidity events, complex governance challenges, or questions of purpose and strategy.

This program will be of greatest interest to:

Active family principals and next-gen leaders

Family and non-family C-Suite executives, preferably CEO, COO, CFO, GCO

Leaders preparing to formalize or relaunch a family office

This program excludes external advisors unless invited by a participating family and approved by Chicago Booth.

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Testimonials

"Over the past few years, I’ve reflected on what I wish I’d known before stepping into a leadership role at one of the world’s most complex family offices. The Future of Your Family Office program is the answer I would have wanted."

Stephan Roche

Managing Partner of BanyanGlobal Family Business Advisors, and program co-director

Testimonial Source