While every Family Office is unique, there are some best practices for staffing an office to ensure it functions efficiently and optimally and future proofs your family office. Building a Family Office from scratch involves a number of recruiting decisions based on the vision of the Principal and family and the purpose of the office. …
You can find out how family office pay stands across the sector, and how your competitors are compensating their top performers, with your free copy of the 2022 Global Family Office Compensation Survey. Boosting your talent bench is a precise art. Not only do you need to attract the right candidates, but you must ensure …
How much should you pay your family office team? Read More »
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 …
How to recruit top talent for your family office in Singapore Read More »
By John Deverell CBE Most family offices and family firms do not have a crisis management plan. The principal and the CEO will be relying on their ability to see the potential for things going wrong and reacting in good time. But the reality can be very different; an incident can quickly spiral out of …
Do Family Offices Need a Crisis Management Plan? Read More »
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 …
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 …
Shift happens, here’s how to deal with it… This year has seen some dramatic changes in the Wealth Management, Private Banking and Family Office sectors, not least working from home and working flexibly, which is what we have been advocating. The effects of COVID-19 and Brexit are already being felt across the industry and the …
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 …
The Forecast Looks Bright as New Trade Deals Emerge Read More »
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