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Family Office Advisor - A View of the Industry

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What I wanted to do is provide you with a view of the forest as a family office advisor. I have met in person face to face with over a thousand family offices now, I know over fifty billion dollar families and our family office association is the largest in the world with over 74,000 professionals globally.

To learn more visit http://www.FamilyOfficesGroup.com

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Family Office Advisor - A View of the Industry

  1. 1. Family Office Advisor – A View of the Industry By Richard C. Wilson
  2. 2. Disclaimer & Limitations Please do not use any advice within this or any other presentation without first consulting your compliance officer or legal counsel. 2
  3. 3. Family Office Advisor – A View of the Industry • What I wanted to do is provide you with a view of the forest as a family office advisor. • There is a financial times article that came out recently that had some numbers in it about the industry that I did not really agree with. • At lots of conferences I hear people say things I do not really agree with about the family office space. • I have met in person face to face with over a thousand family offices now, I know over fifty billion dollar families and our family office association is the largest in the world with over 74,000 professionals globally. • So we have a lot of perspective of the forest of what is going on within the industry.
  4. 4. Family Office Advisor – A View of the Industry I wanted to share some of the advice with you here so you can hear from somebody directly who has focused his whole life on the industry. • First of all, there are over 10,000 family offices globally. • I heard a well-respected organization say recently that there are only a hundred single family offices in Asia. • I know that there are well over one hundred just in Singapore, Hong Kong is a big competitor, and China there are lots of single family offices being started and ran all the time. • Part of it depends on your definition of a single family office, but there are a lot of single family offices out there. • We estimate that there are over 10,000 global family offices and the industry is really thriving.
  5. 5. Family Office Advisor – A View of the Industry What I want to focus on now a few quick bullet points and a 10,000 foot perspective of what is going on within this space. • Globally the industry is thriving, but some people in local geographies feel like it is moving very slowly for them. • I was recently in Toronto to speak at an event and people were saying that in Canada they feel like the family office industry is pretty new here, but people have been saying that for ten years. • There are only two to three formal family offices publicly known in Prague, but there are quite a few family offices that are not known. • It is moving slowly in countries like the Czech Republic, Turkey, and even Brazil. It is moving pretty slow for the amount of wealth that is there. • It is thriving, but in certain geographies it is slow.
  6. 6. Family Office Advisor – A View of the Industry • There is a big private banking vs family office turf war going on. • Places like Singapore and Hong Kong there are big battles. • Private banks try to keep the assets within their reach and not within family offices. • As a result, private banks have been launching things like family office platforms or private banks serving family offices. • Talent is very scares in the industry. • Family office executive search needs are growing, family office recruiting and recruitment needs are growing.
  7. 7. Family Office Executive Search Laser-Focused on Family Office Mandates: Family Office Executive Search 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 74,000+ 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/
  8. 8. Family Office Advisor – A View of the Industry • Single family offices are doing more co-investing and direct investing. • They are really taking matters into their own hands after 2008 to 2011 economic crash. • In the future what we are going to see are more family offices globally, more single family offices, direct investing and co-investing investment clubs, and more formalization of the family office industry. • There will be whole training programs, associations, and books on single family offices. • As the industry matures globally, what we are going to see is a much greater pool of talent and professionals working in the space. If you are a financial advisor, that is good news. • If you are an ultra wealth professional looking for a family office solution, you might have to wait until one is available locally for you. • If you are looking for resources in the space there is more available every single day.
  9. 9. Family Offices Certification Overall our company has had over 5,000 people join our training and certificate programs in finance and business. Long term The Qualified Family Office Professional Certification will be our most substantial offerings. We have put a lot of work into creating the program and we think that if you give it a try you will love it as well. If you want to register for this program you may do so at FamilyOfficesGroup.com/Training register on there. You have 30 days to check it out. If for any reason you don’t like the audio, you don’t like the video, you just feel like you don’t want to take any training because you are too busy you can get all your money back, no risk.
  10. 10. Family Office Advisor – A View of the Industry • That’s a quick overview of family office advisory insights from my perspective from working with many different families. • There is a great need to provide more transparency and knowledge in the industry. • I see my role as connecting people together and to knowledge. • If you would like to learn more about the family office certification program or to just connect with the largest association of family office professionals, please go to FamilyOfficesGroup.com • If you are a family office professional looking for a job within the industry, please visit FamilyOfficeExecutiveSearch.com
  11. 11. Co-Investments & Club Deals Become one of the 100 Charter Members: We are currently accepting the first 100 charter members into this program. Charter members will be able to participate at the low price of $995, and will be considered for advisory board positions for the 58,000+ person Family Offices Group association which supports this training program. Join Today: We guarantee that you will find our program valuable. If you don’t, just let us know in the first 7 weeks of your registration and we will provide you with a full refund. To get started, please use the form below. If you have any questions, please email us at Team@FamilyOfficesGroup.com. You can also complete our Fax/Email registration form to pay by credit card. You can download that here: Fax/Email Registration Form. To earn your Qualified Family office Professional Certificate, visit our website: http://FamilyOfficesGroup.com/Training To Learn more about Family Office Executive Search, visit our website:http://FamilyOfficeExecutiveSearch.com/
  12. 12. Questions? Richard C. Wilson CEO/Founder Family Offices Group Richard@FamilyOfficesGroup.com New York Singapore London Portland, Oregon United Airlines 1 Million+ Miles Sao Paulo, Brazil

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