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

1,054 views
882 views

Published on

This presentation provides advice on how to get a family office job. We provide insights from years of experience in meeting with over 1,000 family offices face-to-face and through running Family Office Executive Search. If you find this interesting, visit http://FamilyOfficeExecutiveSearch.com to find out more.

Published in: Economy & Finance, Business
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
1,054
On SlideShare
0
From Embeds
0
Number of Embeds
5
Actions
Shares
0
Downloads
7
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

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

  1. 1. FAMILY OFFICE EXECUTIVE SEARCH FAMILY OFFICE EXECUTIVE SEARCH HOW TO FIND A FAMILY OFFICE JOB
  2. 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. 3. 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. HOW TO FIND A FAMILY OFFICE JOB H OW TO F IN D A F A MILY OF F IC E J OB
  4. 4. 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. HOW TO FIND A FAMILY OFFICE JOB H OW TO F IN D A F A MILY OF F IC E J OB
  5. 5. 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. 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. HOW TO FIND A FAMILY OFFICE JOB H OW TO F IN D A F A MILY OF F IC E J OB
  6. 6. 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. 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. HOW TO FIND A FAMILY OFFICE JOB H OW TO F IN D A F A MILY OF F IC E J OB
  7. 7. 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. 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. HOW TO FIND A FAMILY OFFICE JOB H OW TO F IN D A F A MILY OF F IC E J OB
  8. 8. 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. 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. HOW TO FIND A FAMILY OFFICE JOB H OW TO F IN D A F A MILY OF F IC E J OB
  9. 9. 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. 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. HOW TO FIND A FAMILY OFFICE JOB H OW TO F IN D A F A MILY OF F IC E J OB
  10. 10. 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. 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. HOW TO FIND A FAMILY OFFICE JOB H OW TO F IN D A F A MILY OF F IC E J OB
  11. 11. 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 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. HOW TO FIND A FAMILY OFFICE JOB H OW TO F IN D A F A MILY OF F IC E J OB
  12. 12. 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

×