Advising Family Office Clients on Recurring Legal, Tax, and Business Issues
Navigating Investment Adviser Act, Employment, Executive Compensation, Tax, and ERISA Issues
Recording of a 90-minute premium CLE video webinar with Q&A
This CLE course will discuss legal issues attendant with advising family offices established by high net worth individuals and families. The program will discuss the Investment Advisers Act, employment and executive compensation, and U.S. and foreign income tax issues.
- The Role of the family office
- Legal aspects of designing, implementing, and operating a family office
- Tax issues and considerations
- Current issues
The panel will review these and other key issues:
- What are the regulatory compliance issues for counsel assisting in structuring family offices?
- What is the scope of the SEC exemptions for a family office registering as an investment adviser?
- What are some of the key tax issues for family offices?
Nicholas A. Hemmingsen
Kirkland & Ellis
Mr. Hemmingsen is a partner in the Investment Funds Practice Group of the corporate department. He focuses his practice... | Read More
Mr. Hemmingsen is a partner in the Investment Funds Practice Group of the corporate department. He focuses his practice on the formation, organization, operation and regulatory compliance of domestic and offshore hedge funds, private equity funds, funds-of-funds, real estate funds and other investment vehicles. In addition, Mr. Hemmingsen represents investment advisers, registered investment companies (including open- and closed-end funds), broker-dealers and futures commission merchants.Close
Bradley E. Phipps
Mr. Phipps's practice focuses on the establishment and operation of domestic and international private investment... | Read More
Mr. Phipps's practice focuses on the establishment and operation of domestic and international private investment funds, co-investment and other related investment vehicles and separate account arrangements. This practice covers assets classes such as real estate, venture capital and private equity, private credit, hedge and commodities. He advises clients on fund structure, drafting disclosure and fund documents and negotiations with investors, placement agents and other service providers.Close
Mr. Virmani has more than 20 years of experience advising fund sponsors and investors on federal income tax matters. He... | Read More
Mr. Virmani has more than 20 years of experience advising fund sponsors and investors on federal income tax matters. He represents US and non-US fund sponsors on the tax aspects of forming, organizing and operating private equity funds, private equity real estate funds, venture capital funds, hedge funds, debt funds and secondary funds. Mr. Virmani's practice includes counseling family offices with respect to establishing investment platforms and management incentive arrangements. He also regularly advises on GP-led fund restructurings, US and non-US investor representations, secondary transactions and minority investments in fund sponsors.Close