Why are Single Family Offices hiring Chief Investment Officers?

Why are Single Family Offices hiring Chief Investment Officers and what are the challenges they are facing? With the significant growth in family offices and the increase in their wealth, they are looking to bring in more investment talent. The challenges that they are facing are the lack of available talent and how to compete… Read more »

Credit Check Laws- Family Offices and all businesses

Unfortunately, we have found that many of our Family Offices and privately held businesses are not aware of the recent Employment laws and how they may be affected by them. Since there are significant penalties for non-compliance with the recently enacted laws, we felt compelled to bring this to your attention. Eleven states have passed… Read more »

Compensation Practices and Trends in Family Offices

In light of the significant growth of existing Family Offices, the “start up” of new Family Offices and the scarcity of people with Family Office experience, compensation has become a key issue in attracting and retaining employees. For Executives in Family Offices, the use of long-term incentives is a fast growing trend. The most common… Read more »


Single Family Offices that have transitioned to the second generation have been trending higher towards alternative investments than the first generation. The alternative investments which include hedge funds, direct investments and private equity investments are becoming a larger part of the SFO portfolio. We are seeing a significant move towards direct investments. One of the… Read more »

Family Office Challenges

Similar to other organizations, Family Offices have challenges that need to be addressed and some of them can be quite significant. Here are a few critical issues: -Ownership Conflicts: When the owners are not aligned regarding their interests and goals this can cause a significant amount of infighting. When this occurs, the trust may be… Read more »

Family Offices and the “New Generation”

As the wealth shifts to the “New Generation”, there is a myriad of changes that will occur. The children are expected to inherit over $60 trillion from their parents, however the next generation will operate quite differently than the previous generations. This generation will have very different methods of communication such as using smart phones… Read more »

Family Office Fraud

Family office fraud is not something that you read about in the media due to the confidential nature of the industry. Many family offices function as investment managers, whereby a single employee of a smaller organization, may have access to cash and other assets. As a CPA, I have been trained to always look at… Read more »