Whilst permanent recruitment services form the core of what True House Partners provides, our market leading position as a family office headhunter allows us to assist private family offices on a variety of other matters associated with the establishment and evolution of a family office in conjunction with a specialist private advisory services firm. These services include: -
CFO/Finance Director Interim Service: We can go back to basics and help clarify if a permanent resource for a family office is necessary - sometimes other options are more cost effective and appropriate. Employing a CFO/FD is a significant financial undertaking for any family office and establishing a case for the prospective hire is an important first step. Whether it is providing cover whilst recruiting a permanent member of staff or for an employee on extended leave, we deliver interim CFO/Finance Director services for family offices ensuring compliance issues such as financial reporting and disclosure are addressed, and where appropriate assist the family/CEO/MD in other financial related matters.
Family Office Advisory: Expertise in a broad range of topics germane to the optimal functioning of a single family office. From tackling the fundamentals of when and why a family office might be needed in the first place to guidance in establishing a family office and navigating the multitude of complexities involved in such an exercise, every aspect of the life-cycle of a family office can be appraised.
Family Office Review: A family office should be run like any business and sometimes it can be helpful to obtain third party objective advice and undertake a strategic review. This can answer questions such as whether the established entity still serves the family in the way intended, assessing if the current strategy is in line with the family’s objectives and whether it is “fit for purpose.” An evaluation of the effectiveness of an established private office and its goals can be pivotal in providing a renewed sense of purpose for all involved. A coherent strategy for the family office is particularly important when considering a senior hire.
