What Are Family Office Staff?
A family office offers investment services and wealth management for ultra-high-net-worth individuals and prominent families. These environments typically operate with lean, small teams, where each professional often develops a specialized skill set. Key staff roles include tax specialists, financial advisors, estate planners, and accountants—many of whom bring expertise from working with other family offices or in related financial sectors. Career Group Companies supports these offices by filling critical vacancies and ensuring the continued delivery of tailored financial and investment solutions.
Family Office Staff Qualifications
Family office recruitment agencies can screen for a wide range of qualifications and skills, which may include: extensive experience in wealth management or financial planning, strong analytical and problem-solving abilities to address client challenges, strong interpersonal and communication skills, advanced degrees such as Certified Financial Planner (CFA) or Certified Public Accountant (CPA), and the ability to handle sensitive matters for high-net-worth individuals. People who work with wealthy individuals are often entrusted with extremely confidential information about clients’ assets and family dynamics. As such, they need to possess a high level of discretion.
Family office recruitment agencies like Career Group Companies tailor our search to align with each office’s unique needs and cultural dynamics. We make sure that prospects exhibit the skills our clients are looking for.
Common Family Office Roles
Chief Operations Officer (COO): Oversees daily operations and implements strategies to enhance client experiences.
Financial Advisor: Provides tailored investment strategies and manages portfolios for high-net-worth individuals.
Tax Specialist: Manages tax compliance and develops strategies to minimize tax liability for clients.
Accountant: Handles bookkeeping, prepares financial statements, and supports budget management for long-term financial goals.
Additional Roles: Includes legal advisors, insurance specialists, and property managers, with recruitment support available for all positions.
Interview Questions to Ask
Family office recruitment agencies like Career Group Companies perform extensive vetting via a background review, resume analysis, and interview. The interview process may involve asking questions such as:
- Do you have any experience working in a team of a similar size? If so, how were you able to contribute and collaborate in a close-knit environment?
- Provide the candidate with a problem that may arise within your family office and ask them to devise a solution.
- Have you partnered with external advisors before? If yes, how have you identified them as the correct person to assist you?
- What can you bring to our family office to help us achieve our goals and targets?
Land your dream job as
a Family Office Staff Member
Getting your foot in the door with an amazing company can be a challenge. Our recruiting experts are ready to help you land your next dream role.
View Open Roles
Hire
a Family Office Staff Member
With over 40 years of recruiting experience, we can help you fill any open role, plus, offer insight into current market rates and team structuring.
Find Talent
FAQ
What Is the Typical Structure of a Family Office?
A family office typically has a COO who oversees the activities of financial advisors, tax specialists, accountants, and estate planners. The structure also likely involves comprehensive services like investment management, financial planning, and estate and tax planning.
What Are the Roles of a Family Office?
A family office employs professionals such as financial advisors, tax specialists, estate planners, accountants, and administrative staff. Each role offers specific services to help high-net-worth clients reduce tax liability and financial burdens. These professionals work together to provide a more holistic experience for wealthy clients and their families.
How Many Employees Does a Family Office Have?
A family office may employ anywhere between 5 and 50 people. Larger teams typically offer a broader range of services, while small offices may focus on one or two key areas of wealth management.
Alternatively, they may work with a very limited client list, enabling them to deliver personalized service while maintaining discretion for wealthy families. The close-knit structure represents one of the key aspects of family offices.
What Is the Difference Between a Private Office and a Family Office?
A private office manages a client’s personal affairs. They typically provide administrative services and perform concierge tasks. The company rarely offers family-oriented services like estate planning or trust management.
In contrast, a family office caters to the needs of wealthy families. In addition to providing finance management, they also assist with estate planning, reducing the tax burden of the client’s loved ones, and philanthropic advising.
.avif)
.avif)
