Through the course, students of the Wealth Management Masters programme, part of the University's Faculty of Law, Economics and Finance, gained insights into the motivations and expectations of today's philanthropists and how, as future wealth managers, they may better advise their clients toward a structured and efficient philanthropic strategy.

Tonika Hirdman introduced the students to different vehicles for giving, such as an umbrella foundation.

Wealth managers are often the first person that clients turn to for advice on philanthropic giving. They therefore have an important role to play in whether a personal, familial, or corporate philanthropic project comes to fruition. This course aims to familiarize future wealth managers with the practical aspects around the giving process so that they may assist their clients in realizing their philanthropic aspirations.
 

Since 2013, the Master in Wealth Management (MWM) programme has educated and trained students with skills related to finance and wealth management. This includes philanthropy, which has become a key pillar among wealth management offerings in the Grand Duchy and throughout Europe.
 

This year’s course marked the first time since 2020 that students and speakers were able to attend in-person. Around 30 students from all over the world learned about the legal and fiscal aspects to consider in cross-border giving, an essential topic in today’s globalized society, while gaining understanding of existing approaches and structures for impact-driven philanthropy. Through specific examples and case studies, students gained proficiency in advising and engage their future clients around philanthropy.

Masters student Brian Klein presents a case study to the group.

Two guest-lecturers completed the course:
 

Hugo Mahieu (below left), CEO of the Mangrove Foundation, who provided first-hand knowledge of his experience with venture philanthropy for the benefit of vulnerable populations and the environment, and Laura Foschi (below right), CEO of ADA (Appui au Développement Autonome), who introduced microfinance as an alternative approach to impact-driven philanthropy.

Information

• Start date : 22.09.2022 09:00
• End date : 23.09.2022 16:00