Family Offices

A diagram showing the percentage of family offices facing recruitment challenges in 2024.

Navigating Recruitment Challenges in Family Offices: Insights from the 2024 Compensation and Talent Planning Report

Recruiting top talent is a cornerstone of success for family offices worldwide. However, the landscape of talent acquisition is not without its challenges, as highlighted in the 2024 Compensation and Talent Planning Report by Botoff Consulting and Somers Partnership. The report reveals a significant trend across regions, with 36% of family offices in the U.S. […]

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Singapore talent recruitment

How to recruit top talent for your family office in Singapore 

The Somers Partnership’s founder Mark Somers explains how to recruit for a family office in Singapore, as the country rightly becomes an increasingly popular destination for wealthy families, and competition for talent intensifies.   In the centre of the ecosystem of Southeast Asia, Singapore has plenty to entice family offices and experienced family office international executives

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The power of Compound Talent

How to Harness the Power of Compound Talent

Times are changing in the wealth management, private banking and family office sectors in the wake of Covid and with Brexit looming on the horizon. We are experiencing unforeseen changes to customer and employee behaviour and with many firms forced to make fundamental changes to their business model, we urge employers to consider harnessing the

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How to pivot your business for growth

How To Pivot Your Business For Growth

The global pandemic has opened up new opportunities for businesses able to adapt, improvise and overcome the many challenges. For many, this will involve reacting to changes in customer behaviour, maybe taking their business in a new direction, pivoting towards a different set of goals rather than continuing in a straight line. By taking a

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New trade deals

The Forecast Looks Bright as New Trade Deals Emerge

It seems the winds of change are blowing across our shores, the Government messaging is turning away from “Stay Home, Stay Safe” and instead they are preparing us to return to work with a new message that Covid19 is harmless to the vast majority of people. It seems that now the recession is causing greater

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