Wealth and Estate Planning Conference: Transferring Wealth to the Next Generation
The Wealth and Estate Planning Conference will provide practical and useful advice to affluent and HNWIs on the key elements of estate and wealth planning and how to pass it on to the next generation. Another objective is to convince the target audience to seek professional advice on estate planning.
Many affluent and High Net Worth Individuals (HNWIs) have spent a lifetime building up their companies, their investments, and their wealth. For many, this journey was a long and difficult one. Financial success usually comes with commitment, hard work, perseverance, and personal sacrifices.
In Cyprus, family wealth is closely associated with the family business. Affluent and wealthy individuals and families increasingly own a diverse range of assets (company equity, cash, real estate, stocks, and bonds) often located in multiple countries.
Every HNWI will, at some point be asking: “How do I transfer what I own to the next generation? How can I ensure a fair allocation of my estate, according to my wishes, in accordance with the law, and in a way to ensure that this wealth is properly managed?
Affluent and High Net Worth Cypriot families are now at a critical crossroads. Most wealth in Cyprus was created during the four decades from 1970-2010, usually by a single entrepreneur. Most of these entrepreneurs are now at an age where the question of how to dispose of their wealth is very high on their agenda.
*This will be a physical event, held in compliance with all the public health regulations in force at the time, based on developments regarding COVID-19. The Ministry of Health has decreed that the event may take place in the presence of people holding a SafePass in the form of either: 1) Proof that you are fully vaccinated with both doses of an approved double-dose vaccine or with the Janssen single-dose vaccine; 2) Proof that you have contracted COVID-19 in the last 6 months (the release or recovery text message sent to your mobile phone by the Ministry of Health); 3) A negative PCR or rapid test certificate, dated no more than 72 hours before the event. Please have one of these three forms of SafePass with you and present it on request.
To download the program please click here.
Manager of Wealth and Investment Services, Hellenic Bank
Peter Tangalos is Manager of the Wealth & Investment Services unit at Hellenic Bank. He has 20+ years international experience in the financial services sector with organizations including BNP Paribas Wealth Management, Barclays Wealth Management and ANZ Banking Group Limited. He has a Bachelor of Economics (Honours) from Latrobe University, an MBA from Monash University and a Graduate Diploma in Applied Finance from the Financial Services Institute of Australasia (FINSIA).
Senior Investment Strategist - Global Capital Markets & Thematic Research, Allianz Global Investors
Dr. Hans-Jörg Naumer Ph.D. (54), Master of Economics, joined Allianz Global Investors in 2000 and is Director Global Capital Markets & Thematic Research. Before joining Allianz Global Investors, he worked for Société Générale, where he became the head of Research Germany and was part of the French investment bank’s international research team. His analyses were mainly directed at international institutional investors. From his vantage point as an analyst and economist, he observed the establishment of the Economic and Monetary Union and thus ranked among the “ECB Watchers” from the very beginning of the Euro. He started his professional career in the corporate banking division of Deutsche Bank in 1994. Dr Naumer has comprehensive experience in delivering speeches and presentations. His audience consists of high-net worth individuals, asset managers, investment advisors and institutional investors. The Capital Market Research is published in up to 8 languages and read all over the world. Dr Naumer studied economics at the University of Mannheim, one of the leading universities for economics and business studies in Germany. He received his Ph.D. (“Dr”) at the WHU – Otto- Beisheim-School of Management. His empirical thesis is on the trilogy of “Media, Minds and Markets”.
Wealth Planning Advisor, Europe – APAC, UBS Switzerland AG
Dirk Reynders is a senior member of UBS’s WP Europe and APAC Team in Switzerland. The Team provides international legal, tax and regulatory consulting services to the bank’s European and Asian Ultra High Net Worth clients. His main areas of focus include estate and succession planning matters; next generation planning, family asset protection structures; legal, tax and regulatory / compliance issues relating to family offices; structuring of philanthropic projects; implementing trust and corporate holding structures; private fund structures and international relocation services. Before joining UBS, Dirk started his career as a Belgian lawyer. Afterwards he worked as a tax and legal specialist for financial institutions based in the Benelux. In these roles, he primarily worked with European UHNW families and families looking to relocate to Europe. Dirk joined UBS in 2013. Dirk has a masters degree in Law and Taxes from ‘Katholieke Universiteit Leuven’ in Belgium. He has published various articles on national and international tax topics. He is a frequent speaker at UBS conferences and external events. He used to be a guest lecturer at the University of Antwerp. Dirk is also a member of STEP (the Society of Trust and Estate Practitioners).
Director, K.Treppides & Co Limited
Cosmas Cosma is currently acting as a Director at K. Treppides & Co Ltd and Finanz-Audit Limited, holding a BSc (Hons) in Economics and a BA (Hons) in Accounting and Finance. He is a fellow member of the Association of Certified Chartered Accountant (FCCA), a practicing member of Institute of Certified Public Accountants of Cyprus (ICPAC), a member of ISACA, an authorised approved person from Malta Gaming Authority and a member of the Cyprus Investment Fund Association (CIFA). Over the years he has specialized in the financial services industry, especially in Cyprus and Malta having an experience in the audit services of financial services companies, banking institutions, including regulated investment firm.
Founding Partner, Capital Generation Partners, UK
Charlotte Thorne is a founding partner of Capital Generation Partners, a multi award-winning investment management firm serving clients in the Ultra High Net Worth space. Charlotte designed and developed the firm’s discretionary platform and remains closely focussed on maintaining excellence in client service. Charlotte is a member of the firm’s three investment committees, bringing her understanding of client goals and their structuring needs to the investment process. She also chairs CapGen’s Business Risk Committee. Charlotte leads the firm’s connections with the wider private client industry – she has served as a STEP judge and as a member of the Panel of Experts and has written for a range of news outlets including national and industry titles. She has a background in financial policy having spent several years at HM Treasury advising Conservative and Labour Chancellors on issues including corporation tax and pensions policy before working in Brussels in the Diplomatic Service during the launch of the euro. She also worked at the FSA advising on European and consumer policy. She has a degree in Politics Philosophy and Economics from Oxford.
Managing Partner, The International Family Law Group LLP, UK
Lucy Loizou is regarded as one of the country’s leading family lawyers. She undertakes complex financial disputes & has acted for many HNW high-profile individuals, resolving their disputes swiftly & discreetly. Some of Lucy’s cases involve securing emergency injunctions to protect assets from dissipation. Lucy advises clients with difficult corporate interests in respect of partnership issues & foreign trusts. Lucy also specialises in assisting clients considering entering a co-habitation/marital agreement. She handles cohabitation disputes & civil partnership issues. She regularly writes for various legal journals, is a well-known lecturer & very much in demand. Lucy created & presents a family law programme, on London Greek Radio. She is in demand as the ‘go to’ legal advisor in the Greek & Cypriot communities.
Owner, Inception Family Wealth Press, USA
Chris Delaney is the author of “The Naked Opus: Growing Your Family Wealth for the Long Term”. He is a Family Enterprise Advisor, Lawyer, Professional Speaker and Intergenerational Family Wealth Strategist. He works with enterprising business families, Family Offices and families of wealth and their advisors to develop goals-based, strategic intergenerational wealth continuity plans.
CEO, The Charles Group
Nicholas Charles is the CEO of The Charles Group a family business that owns property and specialises in tax planning and family prosperity services for high-net-worth families. He now helps high net worth and ultra-high net worth families to retain their wealth for multiple generation by understanding and appreciating the business of being a family. Having finished writing his first book call the Four Fundamentals of Family Prosperity which went to number 1 on Amazon, Nicholas is now working on his second book called The Human Element of Family Wealth which he is looking to release before the end of the year.
Western Europe Director, Verta Wealth, UK
Simeon Williams is a highly experienced Investment advisor to Ultra High Net Worth clients, who has worked for over 14 years in the areas of Investment Banking, Asset & Wealth Management. Predominantly working with UHNW clients in the UK, USA and Western Europe, Simeon’s strength lies in his skilful use of new technologies to gather and present data. He has held senior positions at both Deutsche Bank and the ING Group, and also has over three years’ experience of working in the Government sector. Simeon’s ongoing interest in the listed closed end fund market allows him to provide a dual public and private markets perspective for UHNW clients. Simeon holds an MSc in Grant Making, Philanthropy and Social Investment from CASS Business School in London, and a BA Honours degree in PPE (Philosophy, Politics and Economics) from the University of York. Spear’s Magazine featured Simeon in their Top 10 UK UHNW Managers Index for 2016 and 2017, while CityWealth Magazine picked him for their Leaders List as Top Private Banker and Investment Manager for 2016 and 2017.
Hellenic Bank is one of the leading financial institutions in Cyprus. It provides businesses and households a full spectrum of competitive banking products and services including insurance services through its two insurance subsidiaries (life and general insurance companies). With strong capital adequacy and robust liquidity Hellenic Bank is at the forefront of financing the growth and transformation of the island’s most important industries and businesses. The Bank’s success is based on its customer centric, personal approach and the wide range of products and services it offers. Hellenic Bank accelerated its digital transformation and introduced first-class technologies to its digital channels offering seamless customer experience.
Treppides Group of Companies is the largest independent consulting Group in Cyprus having an established presence in Great Britain and Malta and employing approximate 200 professionals. The Group offers a full range of consulting and financial advisory, audit, tax and accounting services in a variety of business sectors. The Group, which started its operations in 1985, has 35 years of expertise and an elite team of experienced executives who can guide and assist businesses during the establishment process and subsequent operational activities globally.
The Conference is addressed to:
• Affluent and High Net Worth Individuals
• Entrepreneurs and CEOs of Cypriot corporations, from all sectors of economic activity
• Next-generation family members (2nd and 3rd generation members of family businesses)
• Financial Advisors and Family offices
• Banks, Investment Firms, and other financial institutions
• Law Firms
• Accounting, Audit and Tax Firms
GOLD magazine was founded in 2011 as the first English-language business monthly in Cyprus. Today, it is not only synonymous with the promotion of good business practices but it has a unique and valuable readership of High Net Worth Individuals, international company executives, English-speaking Cypriot and non-Cypriot businessmen and women. GOLD provides a comprehensive and informed overview of the local business scene, the economy and the market and has gained a reputation for its in-depth articles and revealing interviews with key local and international personalities. www.goldnews.com.cy
15 years ago, IN Business magazine began its ongoing relationship with the business world of Cyprus, profiling leaders and organisations, publicizing issues of importance and promoting best practices. Throughout these 15 years, we have shone the spotlight on countless examples of good business, photographed thousands of businesspeople and presented the most successful Cypriot enterprises to the broader reading public. To mark the magazine’s first 15 years, the November 21 issue of IN Business will be a special multi page anniversary edition that looks back over one and a half decades of business reporting, significant business and economic milestones, through articles, features and interviews with Cypriot business leaders and much more.
Demetra is responsible for the content of this event. If you have any content-related or other queries, you can contact her on +357 22505621 (Monday-Friday, 09:00-15:00) or via email at firstname.lastname@example.org.
Georgia is responsible for the marketing and promotion of this event. If you have any marketing-related questions or suggestions, you can contact her on +357 22505575 (Monday-Friday, 09:00-15:00) or via email at email@example.com.