In-house at family office Forum
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Anonymous User
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In-house at family office
Anyone in-house at a family office (bonus if single family office)? I would love to hear about your day to day, career options going forward (eg, are you pigeon holed to remaining at a family office) and pros/cons versus being in-house at an operating company. I’m also interested in how it compares to being in-house at a PE shop or other financial service conpanies.
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Anonymous User
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Re: In-house at family office
I'm in house at a single family office. I did fund formation beforehand. Day to day is quite varied, depending on the size of the office and legal team, you need to be comfortable being a generalist - T&E, funds, tax, internal/external contracts, HR, etc., outsourcing as appropriate. I also work daily with attorneys at the operating company, representing the family when their interests might diverge from the opco. I think the big difference between PE etc and FO is broader array of issues / smaller team. Will all depend on size of family and nature of opco business.
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Anonymous User
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Re: In-house at family office
What would you say pros and cons are compared to other in-house gigs outside of PE/banks?Anonymous User wrote:I'm in house at a single family office. I did fund formation beforehand. Day to day is quite varied, depending on the size of the office and legal team, you need to be comfortable being a generalist - T&E, funds, tax, internal/external contracts, HR, etc., outsourcing as appropriate. I also work daily with attorneys at the operating company, representing the family when their interests might diverge from the opco. I think the big difference between PE etc and FO is broader array of issues / smaller team. Will all depend on size of family and nature of opco business.
