CLIENT
Located in the SF Bay Area, our client family ("Family") has a well-established single-family office owned and operated solely for members of an ultra-high-net worth, multi-generational family. Current leadership has been serving the Family for over 18 years. The Family's wealth is the result of a prior highly successful business enterprise, as well as a significant and diverse portfolio of investments.
The Family spans three generations with (G1) matriarch, working with her (G2) adult daughter to empower and encourage G2's continued involvement in all phases of the Family Office leadership. From investment management and oversight to tax and estate planning to accounting and financial planning to philanthropy and charitable giving to supporting investment initiatives of family members to wealth education - this Family Office is preparing for the eventual family succession realities, both in terms of wealth transfer and Family Office leadership.
A largely "in-house" model, the Family Office provides the investment, financial management, and operational oversight for a complex multi-entity structure including partnerships, trusts, limited liability companies, a corporation, and a private foundation.
In addition to the family office leadership experience needed for this role, the Family is seeking an individual who aligns with its core values and can help support and maintain these values. These core values include respect, integrity, honesty, loyalty, compassion, continuous learning and improvement, commitment, empathy, and hard work.
OPPORTUNITY
The Chief Operating Officer/Chief Financial Officer (COO/CFO) will primarily interface with the CEO and work collaboratively with the existing team to continue solidifying the vision for the Family Office today and in the future. This role will be responsible for the overall leadership, execution of strategy, and operation of the Family Office, as well as for the delivery of all services provided to the Family. In carrying out these responsibilities, the COO/CFO will strive to instill a "best practices" philosophy in all functional areas to improve workflow, simplify reporting procedures, and enhance service delivery outcomes. In serving as the senior trusted client advisor, the COO/CFO will support the initiatives of the Family, individually and collectively. This support will include providing thoughtful and deliberate guidance on key decisions, serving as a sounding board for many of these decisions.
The impact of the COO/CFO role in serving the Family as a trusted advisor is profoundly significant and unique. This Family, with its rich history and legacy, is united and aligned around its values, its history, and the continued stewardship of its wealth. The Family relies heavily on the COO/CFO to provide critical guidance and leadership across generations, making this a hugely meaningful and impactful role for the Family. The COO/CFO works extensively with all family members tailoring approach based on individualized needs of each family member.
Equally important will be the collegial role that this individual will cultivate with the current COO/CFO, who is retiring, to assure a comprehensive and effective transfer of knowledge relative to the entire Family Office delivery model, as well as to ensure a smooth and orderly transition of leadership for the Family.
Finally, much of this role is about strategic leadership, mentoring, and educating as this individual will work with the Family and Family Office team to continue to improve and professionalize the service delivery model of the Family Office structure and to ensure that best practices are achieved while the core values of the Family Office are maintained.
POSITION SUMMARY
This role is best described as a hands-on, executive leadership role where responsibilities will span from strategic to consultative to operational to detailed execution and oversight. Key areas of involvement will include, but not be limited to, the following:
Family Office Management
Client Service/Client Relations
Accounting, Reporting & Analysis
Tax Planning, Reporting & Compliance
Trust and Estate Planning
Investment Management Oversight
Legal and Risk Management
Human Resource Management