Also called: Family Office CIO
Manages the fortune of one very wealthy family, from investments to taxes to philanthropy.
You review the family's investments across stocks, private companies and real estate, meet their lawyers about estate planning and brief the founder's kids on investing.
Approximate: anchored on Bureau of Labor Statistics data for a broader job group.
Bachelor's degree (4-year), about 12 years after high school. Bachelor's plus long finance experience; CFA, CPA or MBA common.
Ways in: 4-year college, Certification, Graduate school. Training cost: $15k – $60k.
Majors to look at: Finance, Accounting, Economics.
Growing faster than average. Number of family offices has grown fast.
Low risk for 10 years. Very wealthy families want a trusted person managing everything; AI is a tool for reporting, not a replacement.
Classes: Accounting, AP Macroeconomics, Personal finance, Speech.
Official data: O*NET occupation 11-3031.
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