In this special report, we share insights on how the Chief of Staff role is vital in private, complex environments and how it works in the family office setting. 

J.P. Morgan Private Bank’s recent report Family Offices Seek Simplicity, Flexibility, Ability to Adapt, states, “There has been a significant increase in the number of family offices worldwide. While specific figures are difficult to pinpoint, some industry estimates suggest that there are 10,000 to 20,000 single family offices globally, many of which have been established in the last 15 years. Just five years ago, other estimates set the number of family offices globally as between 6,000 and 7,300. There is also a greater awareness of, and continued growing interest in, the concept of family offices, which in general seems to be further fueled by the proliferation of wealth management and accounting firms that now offer outsourced family office services.“ 

Family offices abound to the point that the University of Chicago Booth School of Business has started the Family Office Initiative “supporting the education, research, and network needs of current and future family office leaders throughout the world.” And they are not the only ones. Renowned business schools nationwide now offer curriculum in MBA programs or executive education programs centered on the family office, and The Wharton School, among other universities, now offers full departments focused on family office.

Namely, we will cover:  

• The 6 Core Ways a Chief of Staff Bolsters the Family Office

• Unique Dynamics of a Family Office

• Chief of Staff as a Strategic Linchpin

• Key Skills and Attributes for Success