John C. Heaton
Myron S. Scholes Distinguished Service Professor of Finance and Anthony Pritzker Family Foundation - Family Office Initiative Director
John C. Heaton
The Future of Your Family Office
Build a world-class family office with clarity and confidence.
Next Session
November 2-November 6, 2026
View All Dates
Location/Format
In Person
Gleacher Center, Chicago
Investment Fee (in USD)
$20,000 USD
Questions? Connect with our enrollment advisors.
Next Session
November 2-November 6, 2026
View All Dates
Location/Format
In Person
Gleacher Center, Chicago
Investment Fee (in USD)
$20,000 USD
Questions? Connect with our enrollment advisors.
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:
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?
Who Should Attend
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.
Faculty Teaching This Program
At Booth, our distinguished faculty exemplify dedication and expertise, bringing deep passion to their teaching. Their steadfast commitment extends beyond traditional instruction, focusing on empowering every Executive Education participant, across all programs and global campuses, to achieve their professional and leadership goals.
The program leaders below will be complemented by 8 to 12 additional experts with decades of practical family office experience.
Stuart E. Lucas
Co-Managing Partner, Wealth Strategist Partners, LLC
Stuart E. Lucas
Stephan Roche
Partner, BanyanGlobal
Stephan RocheProgram Design
Engage with leading Booth faculty and global experts in family enterprise strategy, governance, behavioral science, investment, estate planning, and philanthropy.
Intimate breakout sessions with a shared case study. Each group is instructed to make the case for a specific form of family office. Then all groups convene to defend their position. We want to make you ask and answer important questions in family enterprise design that often go unaddressed.
Participate in highly interactive, cross-functional working sessions tailored to each family’s objectives, culminating in a draft strategic and operating plan for your family office.
Program Outline
- Evolving from Family Business to Family Enterprise
- You Can’t Take It With You
- Set the Foundation
- Aligning People, Process, and Purpose in the Family Office
- What’s A Family Office To Do?
- Create a Single-Family Office Mandate
- Navigating Estate Planning, Governance, and Purposeful Impact
- Make A Difference In Your Community
- Design for Generational Ownership and Leadership
- From Succession to Stewardship: Preparing the Next Generation
- Anticipate Future Challenges
- Design for the Future
- Building and Executing a Shared Blueprint
- Bring It All Together
Admission and Application Requirements
Admission is selective and based on a successful application.
Our application includes a series of short essay questions that offer insight into your professional experience, family enterprise, and wealth management goals. These responses also help confirm key eligibility requirements—such as beneficial ownership of financial assets exceeding $250 million—and ensure strong alignment with the program’s objectives and cohort.
This program requires a successful application to be considered eligible for program acceptance. Ensure all required fields are completed accurately to avoid delays in processing. View a sample application.
To foster meaningful dialogue and a high-quality learning experience, we maintain a confidential, solicitation-free environment for all attendees. Participation is intentionally limited to support this standard and ensure conversations remain private and productive.
We want you to feel confident and informed when applying. We recommend you view the policy before beginning your application. View executive education payment policy here.
Investment Fee and Group Pricing
The Future of Your Family Office is $20,000 for the first participant, with a preferred rate of $16,000 for each additional participant from the same family or organization.
Group participation is indicated during the application process, and tuition is finalized upon acceptance.
Application Deadline
Admission is selective and on a rolling basis. Early application is strongly encouraged, as space is limited and the program may fill before the deadline.
Application deadline: September 21, 2026
Upcoming Sessions
Program dates are subject to change.
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Download the program brochure for in-depth insights on who should attend, a schedule preview, past participant profiles, location highlights, networking opportunities, and what to expect.
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Frequently Asked Questions