Staffing and Recruitment

John Benevides, president and CEO of SFO Briar Hall LLC, highlights the transition in family office staffing towards leaders with sector knowledge and cultural alignment, and the increasing challenge of securing such talent amid generational shifts and integrating AI.

According to Todd Hohauser, his father was “talking about culture and fit before it was cool” when he founded retained executive search firm Harvey Hohauser & Associates in 1986. Hohauser, who today is CEO, and his colleague Sam Frank, vice president of executive search, talk about hiring for family offices — in particular, the importance of culture and fit.

What should family office leaders look for when hiring professional staff? Five family office experts offer their insights into the qualities they look for when hiring family office professionals.

When family offices hire professional staff, they face similar challenges to any other organization in finding a person with the skills and experience they need. But they also have to find a candidate who understands the family office culture and meshes well with the family members involved.

J.P. Morgan Private Bank’s 2024 Global Family Office Report explores how family offices around the world employ and compensate family members. It also sheds light on which roles tend to go to non-family leaders and who typically calls the shots when it comes to investment decisions