New York, NY, April 18, 2018 --(PR.com
)-- MarketCurrents published its inaugural edition on Human Capital in Family Offices this week. The international private wealth publisher engaged with family offices throughout the last year on ideas for editorial topics for its Family Office E-Magazine series. Human capital was a leading topic amongst them.
“The new ‘in-job’ is a top position at a family office. There is a trend from hedge funds and other asset management shops including private banks towards working at a family office,” says Sumehr Sondhi, the magazine’s Managing Director. "With a longer-term view on investing, a more cohesive environment and the exoticness of working closely with a successful family -as well as wearing several hats as a senior staff member is a lure in contrast with the much more hectic lifestyles they would endure at other types of asset management firms."
Chief Executive Officer (CEO), Chief Investment Officer (CIO), Chief Operations Officer (COO) and Chief Financial Officer (CFO) are among the key leadership roles family offices look to fill.
Single-family offices come in many different structures and sizes. Because no two are alike, each has different hiring needs and a unique work environment. Still, there are common threads in what is required to oversee the many moving parts of a family office, which involves much more than managing wealth.
Wendy Connett, the magazine’s Editorial Director, states, “This issue of MarketCurrents looks at the human capital challenges single-family offices face and how to overcome them, as well as compensation trends. The family office experts we spoke to outline recruiting best practices and how to help ensure, when all is said and done, that execs stick around for the long term. Execs at single-family offices also share how they approach recruitment and compensation.”
The publication spoke with family offices and experts for this issue.
The report is available on www.marketcurrentswealthmanagement.com