International Wealth Management Forum
Clive Fleissig
President and Co-Founder | ROCHESTER ADVISORS
Speaker Presentation
KEEP CALM AND MIND THE GAP(S) – SUCCESSION CONSIDERATIONS AND STRATEGIES TO BE AWARE OF THAT ARE OFTEN OVERLOOKED
The discussion of succession within a family and the resultant effects to the family office is a sensitive topic that requires awareness, wisdom and patience. These complexities are often a challenge for even the most seasoned professional. In this session, the presenters will take into consideration key business issues, human nature, visions of legacy, real tax and legal consequences – and share strategies that are often difficult for the executive in charge of managing the family office to address.
Speaker Bio
Clive Fleissig is President and Co-Founder of Rochester Advisors, a boutique multi-family office specializing in assisting ultra-high-net-worth families with their needs and investment processes.
Clive has over 26 years of experience running the operations of complex family offices, including extensive hands-on experience with North American and international investments. His current focus is direct private investment opportunities and assisting ultra-high-net-worth families with risk management relating to investment strategies, internal succession issues and adapting to significant changes in worldwide taxation.
Clive has successfully negotiated, invested in, managed, advised and overseen business activities ranging from high-end commercial real estate, manufacturing, and infrastructure, to media and service enterprises. He has served on the boards of numerous private companies, and has at times assisted in an interim management capacity. He also served as the point senior executive from July 2011 through April 2013 of Azteca Acquisition Corporation, a U.S listed company, when it completed a successful merger to form Hemisphere Media Group, Inc.
Within the family office, Clive has functioned as the senior non-family executive. His responsibilities have included overseeing investment and tax strategies, legal compliance, governance and risk management in addition to many other functions required by families with substantial wealth, multiple residences and worldwide activities. He has developed an extensive domestic and international network of professional relationships within banking, fund management, finance, legal and insurance industries.
As Chief Operating Officer of Brener International Group, a position he held from 1999 until mid 2013, Clive coordinated, assessed, negotiated and structured investments of the Brener family, which has offices in Los Angeles and Mexico City. From 1988 to 1998, he managed the family office of a prominent Los Angeles family whose main business was in communication infrastructure. In addition, he was promoted to Managing Director of this family’s international cable TV division, where he was responsible for negotiating joint ventures in Europe and Asia.
Clive has a Master’s degree in Accounting and Business from the University of Witwatersrand, Johannesburg, South Africa, and qualified as both a Certified Public Accountant in the U.S. and a Chartered Accountant in South Africa. He was born in Johannesburg, South Africa and moved to the United States in 1985.
Clive has presented and moderated at a number of family office and investment conferences in the USA, Europe and Asia.
Speaker Presentation
KEEP CALM AND MIND THE GAP(S) – SUCCESSION CONSIDERATIONS AND STRATEGIES TO BE AWARE OF THAT ARE OFTEN OVERLOOKED
The discussion of succession within a family and the resultant effects to the family office is a sensitive topic that requires awareness, wisdom and patience. These complexities are often a challenge for even the most seasoned professional. In this session, the presenters will take into consideration key business issues, human nature, visions of legacy, real tax and legal consequences – and share strategies that are often difficult for the executive in charge of managing the family office to address.
Speaker Bio
Clive Fleissig is President and Co-Founder of Rochester Advisors, a boutique multi-family office specializing in assisting ultra-high-net-worth families with their needs and investment processes.
Clive has over 26 years of experience running the operations of complex family offices, including extensive hands-on experience with North American and international investments. His current focus is direct private investment opportunities and assisting ultra-high-net-worth families with risk management relating to investment strategies, internal succession issues and adapting to significant changes in worldwide taxation.
Clive has successfully negotiated, invested in, managed, advised and overseen business activities ranging from high-end commercial real estate, manufacturing, and infrastructure, to media and service enterprises. He has served on the boards of numerous private companies, and has at times assisted in an interim management capacity. He also served as the point senior executive from July 2011 through April 2013 of Azteca Acquisition Corporation, a U.S listed company, when it completed a successful merger to form Hemisphere Media Group, Inc.
Within the family office, Clive has functioned as the senior non-family executive. His responsibilities have included overseeing investment and tax strategies, legal compliance, governance and risk management in addition to many other functions required by families with substantial wealth, multiple residences and worldwide activities. He has developed an extensive domestic and international network of professional relationships within banking, fund management, finance, legal and insurance industries.
As Chief Operating Officer of Brener International Group, a position he held from 1999 until mid 2013, Clive coordinated, assessed, negotiated and structured investments of the Brener family, which has offices in Los Angeles and Mexico City. From 1988 to 1998, he managed the family office of a prominent Los Angeles family whose main business was in communication infrastructure. In addition, he was promoted to Managing Director of this family’s international cable TV division, where he was responsible for negotiating joint ventures in Europe and Asia.
Clive has a Master’s degree in Accounting and Business from the University of Witwatersrand, Johannesburg, South Africa, and qualified as both a Certified Public Accountant in the U.S. and a Chartered Accountant in South Africa. He was born in Johannesburg, South Africa and moved to the United States in 1985.
Clive has presented and moderated at a number of family office and investment conferences in the USA, Europe and Asia.