Talent
Hiring, retaining and managing the people who run a family office — from the first CEO to the next-generation intern.
A $51 billion regional bank opens a family wealth office, and hires two people to run it
F.N.B. Corporation has launched F.N.B. Private Family Wealth for ultra-high-net-worth clients, hiring Benjamin Ciocco and Frank Aloi to lead it. The announcement says what the unit will cover, but not how large it is.
Northern Trust puts a West Coast head on its family office unit
The Chicago bank has hired Wilmington Trust's Candice Nakagawa to run Family Office Solutions across the western United States, in a market where private banks are competing for entrepreneurial wealth.
Lombard Odier appoints Turkey market head as it targets the region
The Swiss private bank has hired UBS veteran Tuncay Yilmaz to lead its Turkey coverage, a market marked by rapid asset growth and established business dynasties.
When family members work in the family office
Employing relatives can deepen commitment or quietly corrode the office. The difference is whether the same rules apply to everyone.
Staffing a family office: the traits that matter most
Who to hire first in a family office, the traits that matter more than the CV, and how to avoid the key-person risk that quietly threatens small teams.
What we are reading about family offices
No noise, no selling. A measured take on what's moving across family offices and private wealth.