Northwood Family Wealth Program
Program Overview
The Northwood Family Wealth Program is crafted to provide families with the practical insights and knowledge they need to manage their wealth effectively and empower each family member to become a leader or key contributor in the wealth management process. This 2.5-day in-person program covers essential building blocks for successful wealth management. It offers participants a comprehensive framework to create an integrated wealth strategy that aligns with their family's goals, values, and complete financial picture.
The program is led by Tom McCullough, co-founder, chairman of Northwood Family Office, and adjunct professor and Executive-in-Residence at the University of Toronto’s Rotman School of Management MBA program, in addition to other Northwood Family Office experts and guest speakers.
Participants will explore vital topics such as investment management, tax planning, estate planning, and family dynamics. The program also emphasizes how to avoid common mistakes that can threaten wealth preservation and provides actionable strategies for managing and growing family assets across generation.
Event details:
Monday, October 27 – Wednesday, October 29
The course will begin at noon on Monday. A group dinner is planned following Tuesday’s session
A detailed agenda will be shared closer to the event date.
Key Takeaways
Develop a comprehensive wealth management strategy that considers family goals, objectives, values and family circumstances
Identify the pitfalls and common mistakes to avoid
Select an investment strategy that is realistic, prudent, tax-efficient and actionable given the time and resources you have to commit
Learn how to integrate the family business or concentrated family asset into a wealth management strategy
Identify the key roles, responsibilities, and opportunities for family members in understanding, supervising, and managing the family assets
Better understand how to effectively manage the personal and social benefits and risks of family wealth
Learning Methodology
Sessions will be delivered through a thoughtful pedagogical architecture using adult learning strategies including class lectures, interactive case work and large and small group discussions.
Who Should Attend
Families with a net worth of at least $20 million who:
Have built wealth in this generation,
Have or will inherit family wealth, or
Are contemplating or have recently experienced a liquidity event.
The program is ideal for individuals, couples, siblings, families, entrepreneurs, executives, and inheritors (no experience required).
Program Fee
The fee is $2,500 + HST. A discount is applied for multiple family members attending. The program is free for Northwood clients.
Testimonials from Previous Attendees
“Thank you very much for putting on a great course. The program addressed a lot of the key issues/factors involved in family wealth management. The professors were fabulous and ensured that, despite the limited time, everything was effectively covered. I have already recommended it to a few people I know.”
“The Family Wealth Management program provided me with the framework I was looking for. I came away with constructive strategies that I could immediately apply to take control of my finances. The shared knowledge of my classmates was equal in importance to the excellent curriculum delivery by facilitators with real world experience.”
“I would strongly recommend attending this program if you are looking for a forum to share views, explore ideas and network with other families . My wife and I attended as a couple and were able to discuss the many valuable ideas taught in the course right away using similar language. It made the course especially relevant and motivating. We’ve already scheduled times for us to work together to address the takeaways that resonated most.”
“The instructors highlighted the important role that effective communication and clearly defined goals and expectations play when managing family wealth – areas that are often overlooked in lieu of focusing merely on the financial component of wealth management. Using a real case study, I was able to work through issues similar to those that my family is currently facing and leverage off of solutions arrived at in the program.”