Family Office Executive Search Challenge 5

I wanted to explain to you a few family office recruiting challenges. I think that the family office industry is one of the most difficult industries to navigate if you are a career professional, but even more so to find great talent that is experienced in the right types of way for your family office. There are many different things that make it nearly impossible to easily find people who are experienced in the family office space, especially if you’re a single family office. 

Here is the first family office executive search challenge:

5. T5. The last thing I wanted to mention was that because of the reputation within the industry a lot of people are afraid to even go interview for a job because maybe someone in that family office building will recognize them and realize that they are interviewing for a job and they are worried it will get back to their current employer, they’ll lose their job, and it could take them a couple years to find another great job working at a large family office. It’s a very real concern and the executives that come to me, one of the first things they talk about is just being discrete in what they are looking for and making sure we don’t mess up their current career and the progress they’re making there.

I hope this advice is helpful to you if you are just getting into the family office industry or trying to recruit people for the first time. I think that you will relate to many of the challenges I‘m talking about here. What we offer is a solution to many of these headaches. The Family Office Club is by far the largest network of family office professionals in the world. Over 95% of family offices in the United States have somebody on their team that is party of our Family Office Association.  Hundreds of Single family offices in the United States and over 1,000 family offices globally are members. And we are in about 70 different countries now and so what we can do is help you with talent searches, recruitment, and executive searches for family offices. If you want to learn more please watch our video on family office executive search challenges here, visit us at FamilyOfficeExcutiveSearch.com, or you can contact me Richard Wilson at Clients@FamilyOfficeExecutiveSearch.com, and if you want to check out our Family Office Association and those resources, please go to FamilyOfficeReport.com or FamilyOfficesGroup.com. Thank you.

To view all five challenges, click here.