Hall Road Investments ’s Post

Family Office Survey. Citi has released their yearly report on all things family office. I'll leave the market commentary and predictions for later, what I'm interested in: * Leverage within the sector is low but larger offices use more (page 43) * CIO role - insourced vs OCIO (page 56) * APAC offices favoured in-house team in partnership with external managers * 75% of offices continued to engage (and increase) their direct investments. (page 65) * Investment Governance gets its own section! (from page 69) * The main challenges change at size (below) * Smaller offices (sub $500M) are outsourcing most services (and if not, they don't offer them) * Family education is provided to 73% of G3 and beyond (page 76) * Only 22% cited transition manager as the role of the family office. And only 15% cited educator. * Measuring the family office (page 100) - investment benchmarks are by far the most used (see my latest podcast). Download the full report here: https://lnkd.in/g2XexUHe For more insights, subscribe to the Sherpa newsletter here: https://lnkd.in/gvBHfud5 Or the Podcast here: https://lnkd.in/g2tc-Zdd #familyoffice #familyoffices #wealthmanagement #assetmanagement #citi

Family Office Reports. Deloitte has released their second family office survey report and it's got some excellent detail. I also like the interactive components that you don't often see - especially the ability to filter by size, vintage and geography. My clients are APAC based and focus on investment governance and structure, so the points of note are: * There's apparently 2290 single family offices in the region. * 66% of global respondents believe the sector will become more institutionalised and professionally managed (whatever that means). * The interview with the CEO of a very large US family office is very candid (page 36) * A large number of respondents are increasing staff and outsourcing to third parties (page 31). * The importance of an advisory board and other governance structures (below) with an excellent quote. * The average age of a principle is 68. Succession planning must be a part of the conversation (page 40). * A major trend is to establish a strong governance model (page 44) There are some great quotes in the report making this a very valuable read for any family office that is interested in how others are managing the assets. Download the report here: https://lnkd.in/g9zTZ5QM For more insights, subscribe to the Sherpa newsletter here: https://lnkd.in/gvBHfud5 or listen to the podcast: https://lnkd.in/g2tc-Zdd #familyoffice #familyoffices #wealthmanagement #assetmanagement

As 2024 draws close, we have witnessed significant shifts in the Family Office landscape. Want to learn more about the key trends in 2024 and how they impacted Family Offices worldwide? Read our latest article to gain valuable insights and expert opinions. https://lnkd.in/eiemd3qu #FamilyOffice #FamilyOfficeRecruitment #WealthManagement #PrivateEquity #Trends #Investemnt #Technology #PrivateWealth

It's great knowing we have a leader that believes and trusts in us! #remotework #hybridwork #flexwork #teamsikich Sikich We believe in the power of trust and flexibility. Our CEO Christopher Geier shares insights on building trust in the workplace, how we implemented a successful flexible work model, our minority investment with Bain Capital and the importance of investing in your teams in this month’s INSIDE Public Accounting newsletter. 👉 https://lnkd.in/g2PZ3irc

A recession will put even more pressure on office... right? I was listening to the best of the finance related podcasts I listen to courtesy Grant's Interest Rate Observer (admittedly I only listen to two finance/market related pods) and Evan Lorenz (I think I'm placing credit in the right hands) shared the perspective that perhaps a recession could be good for office as it may strip bargaining power from employees that want WFH (work from home) and put it back in the hands of employers, many of whom (perhaps rightfully) may very well prefer to have everyone in the office. Counterintuitive. Macro can be so frisky.

In today's rapidly evolving world, family offices face unique challenges in managing wealth across generations. Our latest article explores the critical elements of effective family office governance: - Establishing clear structures and defined brand identity - Fostering open dialogue among family members - Leveraging technology for improved efficiency and decision-making We delve into how next-gen leaders are reshaping governance models, balancing family values with modern approaches to wealth management. From creating family constitutions to implementing AI-driven investment strategies, discover how forward-thinking family offices are adapting to change while preserving their core mission. Read the full article to learn how your family office can build a governance framework that ensures sustainable success and a lasting legacy: https://lnkd.in/er87Tjth hashtag #FamilyOffice hashtag #WealthManagement hashtag #Governance hashtag #NextGenLeaders Interested in learning more? Let's connect and discuss how we can help your family office thrive in the digital age.

If you want to know how executives approach work during the holidays you should read this article by the Financial Times. Featuring our global CEO Jillian Janaczek, this insightful article opens the door on how the c-suite operates, even whilst on vacation. Check it out using the link below 👇 #PNProud #DoingBusinessBetter

This is the biggest “no-brainer” bottom line-boosting strategy ANY business can use (yet most businesses completely miss it!) 👇 Effectively leveraging support assistants 🚀 They are one of the most undervalued and overlooked resources when it comes to scaling a business! But let me tell you—they are an absolute game-changer. No need for extravagant office spaces or inflated payrolls! Just smart, focused work. And here’s what I’ve learned: There isn’t a single business that couldn’t dramatically cut costs by integrating support assistants into their operations. And for those who haven’t succeeded with this approach? I can usually pinpoint why they struggled (in under five minutes!) The truth is... It’s not about the support assistants themselves. It’s about how you bring them into your business operations. Too many companies get it wrong by treating assistants like quick fixes rather than embedding them into their strategy from the ground up. That’s where the wheels start to come off! With: → rising capital costs → investor funding drying up → inflation still squeezing margins Any business that isn’t taking this seriously is missing out on substantial profit potential. If you’re ready to claw back margin (instead of blowing it up) and want to see how support assistants can help you move the needle in your business, shoot me a DM. 💌 Let’s talk about how we can make this work for you. (Your CFO will thank you!) #futureofwork #supportassistants #profit

In today's rapidly evolving world, family offices face unique challenges in managing wealth across generations. Our latest article explores the critical elements of effective family office governance: - Establishing clear structures and defined brand identity  - Fostering open dialogue among family members  - Leveraging technology for improved efficiency and decision-making We delve into how next-gen leaders are reshaping governance models, balancing family values with modern approaches to wealth management. From creating family constitutions to implementing AI-driven investment strategies, discover how forward-thinking family offices are adapting to change while preserving their core mission. Read the full article to learn how your family office can build a governance framework that ensures sustainable success and a lasting legacy: https://lnkd.in/er87Tjth #FamilyOffice #WealthManagement #Governance #NextGenLeaders Interested in learning more? Let's connect and discuss how we can help your family office thrive in the digital age. 

How have family office strategies changed post-COVID? 📉💼 We've seen shifts toward diversification, direct investments, and sustainability. What drivers or challenges have you noticed in your space? Share your thoughts in the comments or DM me to discuss! #FamilyOffices #InvestmentTrends #PostPandemicStrategy