Family Office Executive Search - How to Find a Family Office Job

FAMILY OFFICE EXECUTIVE SEARCH
FAMILY OFFICE EXECUTIVE SEARCH
HOW TO FIND A FAMILY OFFICE JOB

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

If you want to get a job in the family office industry, get experience in:
• Trusted estate work
• Portfolio management
• Risk management
Having global taxation experience can help.
If you don’t have experience in more than one of these areas than the role
that you can play within a family office can be somewhat limited.


H OW TO F IN D A F A MILY OF F IC E J OB

The Family Office Industry - What happens is a lot of family offices have a
lot of money to manage, but they want to keep their expenses relatively
low.
• They typically don’t want to blow it out with 300 employees.
• Most only have a dozen employees and can manage upwards of a
billion dollars.
This is something that you have to know going into it. You will be expected
to wear many different hats and bring many different skills to the table in
order to acquire a job within the family office 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.



Be Prepared for the Interview - If you are an analyst, an auditor or a
portfolio manager for a while you should really bring that up at job
interviews as a skill. In an Interview with a family office, tell them you have
the auditing skills and detailed oriented accounting skills and also the
analyst and portfolio management skills.
That is more valuable than just coming to the table and saying “I am a
portfolio manager,” and just going at that high end positioning of “that’s
what I am, that’s what my skillset is, and just look at me as a portfolio
manager.”
That might be what you want to do in other investment niches, but not with
family offices. You want to show the array of things you can help take care
of.




It is most important to have worked within the family office industry, It
can be helpful to say you have worked for Goldman Sachs or another big
investment firm, pedigree is always great, but I think pedigreed family office
experience is more important than Goldman Sachs investment experience.
• Working for medium sized or large sized single family office if you
are going to work for another single family office.
Go Direct - Some people go a traditional route after a MBA or a Master’s in
finance or Undergrad thinking they might work in a family office later, when
really they should just go direct. If you have made a decision to have a
family office career than you should go get a family office job right now and
work your way up. You may start as an analyst or helping as an assistant to a
portfolio manager, but you should start from the ground up and embed
yourself in the family office space.



Get Hands on Experience - It might take some time before you understand
everything in the family office world and the types of bureaucratic decision
making processes that can be involved and sometimes things can change
very quickly for personal or emotional type reasons within a family.
• That is just a realty within a family office.
• There are many nuances you should master right up front so you
don’t get frustrated building up a ten year career and then get
frustrated at that point.

You will learn to wear many hats and move quickly, but be careful and
cognitive of risks imbedded with making decisions with an investment firm.




Have Long Term Goals - You need to decide what your ideal goal is long
term. Whether that is to be a Chief Compliance Officer, CIO, or CEO.
• Obviously for a CIO it is going to be more global investment
experience typically in portfolio management experiences.
• For a CEO it is going to be more CFO orientated and will need
more management experience.
• It also might mean that instead of just deep diving just on
portfolio and risk management your whole career, you have
worn enough hats that you can manage the reporting, the
systems, the IT, the investments, and the personnel issues as
well.
• It means a whole variety of different issues you will have to
take care of.




Don’t Take the Easy Way Out - Some people want to know what is the easiest
way to get started in a family office job.
• Honestly, there is no easy way , but multi-family offices are easier to
identify than single family offices.
• In both directions, you want to grow your network by adding value to
everyone you come in contact with, respect their time, treat them well,
and see who you can introduce them to.
If you are somebody that is looking to get started and you have no contacts, I
was in the same position.
• What I did was looked on LinkedIn, you can look at the Family Office
Association or just look on google and type in the name of your city like
“Paris Family Offices.”
• You can do this no matter where you are from, but you may have to travel
to the nearest financial city, but it is something you can do to get started.




I hope this helped to explain a few quick tips on getting started in a family
office job. Like most jobs in finance, it can be very rewarding and the pay
can be generous once you are experienced.
Getting started is going to take a lot of energy and investment of time and a
lot of focus.
• If you are not laser focused on working in the family office space
and you are not determined to make it happen, it probably wont
because other people want to work there as well and it is a
secretive hard to understand and hard to crack industry.




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.

Check out the Qualified Family Office Professional. It is a training and
certification 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



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

Family Office Executive Search - How to Find a Family Office Job

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Family Office Executive Search - How to Find a Family Office Job