The Family Office Sherpa

Explore the strategic advantages of using exchange-traded funds (ETFs) in family office investments, including portfolio management and tactical asset allocation. Discover insights on the diverse integration of ETFs within family portfolios and recent trends in leverage and direct investments. Gain a deeper understanding of the unique challenges faced by large versus smaller family offices and the importance of education in asset management. Stay updated on new advancements in family office services and hear about the latest in risk management strategies.

Discover the art of tailored portfolio benchmarking for family offices, where unique family goals drive performance measurement. Learn how combining financial metrics with qualitative factors like family dynamics reshapes investment strategies. Explore the various types of benchmarks and their crucial role in assessing performance, along with the significance of clear communication in investment committees. It's a fascinating look at how personalized approaches can lead to better investment outcomes.

Discover how family offices leverage the endowment model for long-term wealth preservation and unique investment strategies. Explore the challenges of adapting this model to align with individual family goals. The discussion also highlights evolving roles between institutional asset consultants and wealth managers, advocating for a holistic approach to portfolio management. Tune in for insights into better investment governance and strategies tailored specifically for family offices!

Explore what family offices seek in fund manager relationships. Discover the key criteria for manager selection and how tailored client service can enhance partnerships. The rising trend of exchange-traded funds and the balance between external expertise and internal oversight are also discussed. Learn how these insights can optimize investment strategies and help forge successful collaborations.

Dive into the landscape of family office services as experts dissect what clients truly seek. Discover how specialization and transparency can drastically enhance service delivery. Learn about the distinctions between family offices and other client types, emphasizing a personalized approach. Find out why understanding client needs and avoiding overselling can lead to more effective partnerships. This insightful discussion serves as a roadmap for anyone involved in curating family office services.

Explore the complexities of staffing in family offices and the debate between insourcing and outsourcing. Discover the current challenges in recruiting mid-level finance and investment specialists. Unravel the intricacies of compensation rates and the importance of competitive pay structures. Learn about the unique advantages that can attract and retain talent in family office settings. The discussion sheds light on evolving leadership roles as investment management becomes increasingly complex.

Explore the essential role of family engagement in investment decision-making, particularly for the next generation. Shaun shares real-life examples showcasing successful strategies and pitfalls to avoid. The discussion emphasizes fostering transparency and alignment with family values, ensuring that investment portfolios reflect collective interests. Join in to learn how to create a more inclusive and effective family investment culture!

Explore the vital role of external advisers in family offices, distinguishing between family executives and service providers. Learn about the diverse services advisers offer, from wealth management to tax advice. Delve into the complexities of selecting the right external advisers, focusing on vendor selection and the importance of continuous evaluation. Stay updated on the latest trends in wealth management to align strategies with family goals.

Explore the critical challenges family offices face in investment reporting. Discover the importance of a robust operational infrastructure, including non-custodial reporting and technology solutions. Learn how exposure management, performance measurement, and risk management play pivotal roles in overcoming these hurdles. Gain insights into streamlining reporting processes and enhancing overall investment strategy.

Discover the essential role of an Investment Policy Statement (IPS) for family offices. Learn about crafting a comprehensive IPS that covers governance, investment strategies, and essential sections. Explore the importance of collaboration among committees and advisors to define financial goals and strategic allocations. Gain insights into effective performance monitoring and tailored reporting for better governance. This episode is packed with practical tips to enhance family investment management.