Family office jobs are in high demand right now, but how do you qualify for such positions or even find these jobs? Some family offices can be very secretive, making it difficult to even come in contact with family offices. This presentation discusses the challenges with finding a family office job and how the industry is evolving as it relates to family office job searches. Family Office Executive Search services can help you easily find a family office to work with. If you need more training in the industry please explore our Qualified Family Office Professional (QFOP) training and certificate program: http://FamilyOfficesGroup.com/Training
You can also learn more about our executive search division at http://FamilyOfficeExecutiveSearch.com
2. The Family Office Executive Search Process: The following is the process that
our 13 person team uses to complete thorough and confidential executive
search mandates for family offices globally.
FAMILY OFFICE EXECUTIVE SEARCH PROCESS
Search Process
3. What I wanted to talk to you about today is about getting a family office
job and family office careers.
The first thing is that to work for a family office you have to be able to wear
two, three, four, even five hats. In other words, different roles, different
abilities.
There are multiple billion dollar family office professionals right now like CIOs
CEOs at family offices I know that are trying to change jobs right now. They
are not well networked, even though they wear different hats and they are
very skilled in their direct experience, they still have trouble getting in.
I think you have to use all of these pieces of advice to make it in the family
office space because there is a lot of competition and fragmentation in the
family office industry.
The reason why you have to wear many different hats is because many family
offices are resources constrained.
They have three or five people on their team. I know one $800 million family
office I’m working with has only one person managing the money, and they
outsource everything else. Imagine how many hats that person has to wear.
FAMILY OFFICE JOBS
Family Office Jobs
4. Your pedigree and the amount of assets under management you helped
manage or invest does matter.
I have spoken with a $20 billion family office about helping them expand
their business. You can imagine if you are a CIO of a $20 billion family office,
obviously it is more meaningful than a $20 million dollar family office. But
any relevant industry experience is far better than working for an
investment house that has nothing to do with a family office.
Pedigree is important if you went to Harvard or Wharton, obviously that is
going to help.
Connect with our Team: To get started on getting to know each other
please call us at (212) 729-5067 or email us at
Clients@FamilyOfficeExecutiveSearch.com.
FAMILY OFFICE JOBS
Family Office Jobs
5. Networking for the long term is key. Many of the people that are helping
me out right now have known me for seven years; they knew me as I
started my business.
If you network with people for the long term, respect their time, be
organized and prepared, give them resources all the time that will help
them in the long term. There was just somebody that needed help writing a
research report for their boss, and they were at a large single family office.
There was no way to make money off helping them write this research
report, but I sent them six different leads at single family offices they could
talk to or network with to write that report for his boss. Maybe when they
switch jobs in five years they will want to work with me in some way and it
will pay off in the long term. The family office industry is so small and so
niche that karma really does happen. The more you give away and be
helpful to everyone in the industry, the more it will come back to you full
circle.
Connect with our Team: To get started on getting to know each other
please call us at (212) 729-5067 or email us at
Clients@FamilyOfficeExecutiveSearch.com.
FAMILY OFFICE JOBS
Family Office Jobs
6. Be a student of the family office industry. I do not see this very often. A lot
of people come to me, and even though they have seven years of
experience being an analyst of family offices, they haven’t really studied the
family office industry very much, they haven’t really dug into it, they haven’t
read about family offices every day.
There is only about thirty books ever written about family offices and I own
and have read every one of them. I encourage you to do the exact same
thing. If you are serious about the industry, invest the money to acquire all
those books and read them front to back.
Know the industry that you are working in, you will find that nobody else
really does that and that will really move you past everyone else. You will
have the understanding an knowledge that will help you maneuver the
industry.
Connect with our Team: To get started on getting to know each other
please call us at (212) 729-5067 or email us at
Clients@FamilyOfficeExecutiveSearch.com.
FAMILY OFFICE JOBS
Family Office Jobs
7. I encourage you to download our free report. It is a PDF report and
includes two chapters from my book. You can get that at
FamilyOfficeReport.com. You can also get the book, which is called The
Family Office Book: Invest Capital for the Ultra-Affluent.
Finally if you haven’t already, check out the Qualified Family Office
Professional. It is a training an certificate program that you can complete at
your own pace from anywhere in the world. To improve your mastery of
family office knowledge, it includes over 36 hours of audio interviews with
family office CEOs and CIOs. As well as over 200 videos on the industry as
well. You can find out more about the Qualified Family Office Professional
at http://FamilyOfficesGroup.com/Training
If you are interested in finding available jobs within the family office
industry, please visit FamilyOfficeExecutiveSearch.com/Family-Office-Jobs
Connect with our Team: To get started on getting to know each other
please call us at (212) 729-5067 or email us at
Clients@FamilyOfficeExecutiveSearch.com.
FAMILY OFFICE JOBS
Family Office Jobs
8. Laser-Focused on Family Office Mandates is one of the only global family
office recruiting and executive search firms globally that exclusively focuses
on working with single and multi-family offices.
Global Family Office Talent Database: The advantage of working with us
here at Family Office Executive Search is that we have the largest database
of talent in the industry, with over 73,000+ professionals in our Family
Offices Group association.
We have met with over 1,200 family offices face-to-face in over 15
countries, and we have relationships with over 50 families through
our Billionaire Family Office division. Through our data research, bestselling
book on family offices, quarterly family office training workshops, live
webinars, training platform, and great brand recognition we have a marked
advantage both in reach and understanding.
To Learn more about Family Office Executive Search, visit our website:
http://FamilyOfficeExecutiveSearch.com/
ABOUT THE FAMILY OFFICES GROUP
About the Family Offices Group