The changing role of the chief investment officer for today’s family offices

Whether a family is preparing for a significant liquidity event or transitioning wealth from generation to generation, one characteristic consistent across successful family offices is a strong chief investment officer (CIO). Finding the right solution for the CIO role is crucial for the family office to advance its mission and goals.

Some families outsource this role, some hire in-house executives, and others adopt a hybrid approach to leadership of the investment function regardless of the operating model. Regardless of how your family office approaches the CIO role, the main functions and responsibilities of the role are largely the same, though they may differ depending on the size, complexity, and tenure of the family office.

We share new and creative solutions to address this critical role in the new family office operating models.