Q
How do I learn more about family offices?
A
The family office industry has boomed over the last few years, with the increase in UHNWIs, the formation of new single-family offices and the increase in multiple-family offices seeking a more public profile. For candidates wondering how to find family office jobs that want to do some research, there is extensive reading in our Insights and Guides sections.
Q
How do I start a family office career ?
A
The best way to find work for a family office is if you have qualifications and experience that match the needs of the industry. Most common are family office investment jobs, followed by accounting, legal, tax and administrative roles, but also encompass lifestyle and concierge areas too. Service provider roles reach into technology and real estate amongst other specialties and include general family office advisory roles .
Q
What are some common family office roles ?
A
Some key family office roles include Chief Investment Officer, Chief Financial Officer, Financial Director, Portfolio Manager, Operations Manager, Legal Counsel, Tax Specialist, Investment Analyst, Accountant and Executive Assistant.
Q
What qualifications are useful for the family office industry?
A
It pays to be well qualified, with CPA and CFA the most common qualifications showing the proliferation of family office accounting jobs and tax jobs. It’s also worth knowing that a 2023 KPMG report showed 50% of family office professionals have a Masters degree. Aside from
Q
Do I need previous experience in a family office to apply for a position?
A
Not at all, a 2023 KPMG report showed that over 50% of family office professionals had no prior experience before joining a family office.
Q
Do family office jobs pay well?
A
Family office pay is dependent upon the role, but with so many investment jobs and the high amount of family office assets under management there are many high paying family office jobs.
Q
How common are remote family office jobs?
A
It’s estimated that over 70% of family offices facilitate remote working so there is good potential to find a remote working family office job.
In the media
