CLIENT Our client family is headquartered in the Midwest and is a well-established office serving the business and investment enterprises of two wealthy families, including two G1 households (primary) and six G2 households (secondary). The family’s wealth is the result of highly successful businesses, as well as a significant diverse portfolio of investment and business holdings. The family office provides operational and financial management oversight for a large, highly complex, multi-entity trust and investment structure including 155 trusts (individual, domestic and foreign) and 165 business entities (primarily limited liability companies). In addition, the family office manages two private trust companies, two internal banks that provide treasury services to the enterprises, and six private and public foundations. The family office also works collaboratively with the two family-owned investment companies that handle the investment activities for each of the G1 families, including operational and accounting support, strategic and financial analysis, regulatory compliance and tax reporting. The current family office is collaborative, well-functioning, efficient and very organized, and consists of a team of 50 employees across the following functional/service delivery areas that this individual will oversee: • Business Accounting & Reporting, Tax Compliance & Planning, and Administration • Trust Accounting & Reporting, Tax Compliance & Planning, and Administration • Individuals Including “Concierge” and Financial Services, Tax Compliance & Planning • Not-For-Profit Foundation Accounting & Reporting, Tax Compliance & Planning • Investment Structuring, Planning, Accounting, Reporting and Management • Legal and Risk Management • Technology and Information Systems The family also utilizes a broad array of external resources including trust and estate attorneys, investment advisors, tax, accountants, foundation and human resources consultants. OPPORTUNITY Reporting to the CEO who is nearing retirement, the Chief Operating Officer/Chief Financial Officer (COO/CFO) will work collaboratively with the existing team to continue to solidify the vision for the family office; improve the service delivery level to the clients served, both internal and external; and strive to instill a “best practices” philosophy in all functional areas in order to improve workflow, simplify reporting procedures and enhance service delivery outcomes. Another key initiative will be to provide more ongoing oversight and/or strategic leadership to benefit the team collectively. While the current team is functioning well day-to-day and operates much like a high-performing, boutique professional services firm that is committed to excellence and delivering value, it has evolved into somewhat of a “self-managing” leadership model. The management structure is relatively flat, there is some matrix reporting across the various functional groups, and the culture is very much “hands-on” and highly entrepreneurial – all of which has helped create this “self-managing” dynamic. Equally important will be the “business partner/understudy like” role that this individual will cultivate with the CEO, who has served the family for more than twenty years. Important will be to assure a comprehensive and effective transfer of knowledge relative to family office operations, investment reporting oversight, trust and estate matters, legal structures and data and systems integrity. The CEO is a highly talented family office leader with a deep background in tax and financial planning and legal and business management, and he has extensive experience in managing the complex landscape for a significant, business-owning family. He is a mentor/teacher at heart, having taught graduate level courses at one of the leading universities in the country for nearly 20 years, and he is committed to sharing his knowledge and family office leadership wisdom with the COO/CFO, with the eventual goal of effecting a smooth and orderly transition of leadership for the family. In addition, there are family succession planning and generational transition initiatives that will need to be addressed that involve both multi-generational family considerations as well as human capital planning for the family office team. Much of this role is about strategic leadership, mentoring and educating as this individual will be working collaboratively with the family and family office team to continue to improve the service delivery model of the family office structure; to deepen the education experience for the younger family members relative to sound business practices, wealth management and stewardship; and to insure the core values of the family office are strengthened. Finally, the family is seeking an individual who aligns with their core values and can help to support and maintain these values throughout their related organizations. These core values include “goodness” (e.g., decency, integrity, respect, honesty, service, etc.), hard work, pursuing excellence, being engaged, continual process improvement, integrity, honesty, loyalty, transparency, and helping and acknowledging others. LOCATION Midwest. REPORTS TO This position will report to the CEO. COMPENSATION An excellent compensation package will be designed to attract an outstanding individual, including relocation as needed.