As we bid farewell to another remarkable year, Agreus is delighted to share the stories, challenges and milestones that have defined our journey in 2023.
After a bustling 2022, this year has been one of uncertainties. The global uncertainties arising from the conflict in Europe and the Middle East, coupled with inflation rearing its head for the first time in decades, have instilled a sense of caution in hiring that we have not witnessed for many years.
Despite these challenges, we strongly believe our achievements this year also demonstrate our commitment to excellence in the Family Office recruitment sector.
Making Careers Happen in Family Offices
Agreus has had the privilege of supporting 67 Family Offices this year, with some requiring multiple hires, for a variety of distinct roles, both at a junior and senior level. Interestingly, 33% of them are newly set up Family Offices.
While investment roles remain predominant in the positions we have worked on, there is a discernible demand for governance-driven roles in the Family Office space this year. Notably, we have recruited a number of Investment Advisors/Investment Committee members and Advisory board members, which is a substantial increase from previous years. Other roles include CEO/Head of Family Office, CIO, CFO, COO, Chief of Staff, Operations Managers, Financial Controllers, Accountants, Investment Analysts, Office Manager and EA/PA, to name a few.
This diversity of roles for our clients not only affirms our expertise but also highlights our success in navigating the intricacies of the Family Office sector. We will continue to connect Family Offices with the right professionals for their needs in the upcoming year.
Global Expansion
We have significantly expanded our global presence in 2023. The establishment of our Singapore office has not only solidified our foothold in the Asian market but also to the broader Australasia region. Given our 14-year history in the UK, our team there continues to serve the largest Family Office client base of the Agreus group. At the same time, our reach across North America has seen substantial growth. We believe the sheer demand and scale of Family Offices there positions us for exponential growth in the upcoming year.
Our management consulting business has also experienced an increased demand this year, with our team delivering comprehensive compensation consulting advice to Family Offices worldwide.
Team Highlights
At the core of Agreus is a dynamic team dedicated to fostering success and personal growth. Despite an uncertain year, they have all displayed great resilience, and we would like to celebrate their key achievements and milestones throughout the year:
“My experience at Agreus has been absolutely great and welcoming. The culture feels like we have our own Family Office. Looking forward to seeing what the upcoming year has in store for us.”
Adjara Camara, Advisor (US)
“Our UK team sees a good level of activity from our many London-based Family Office clients, but we have worked further afield in the UK regions, as well as in Europe, the Middle East and North Africa. With the last couple of months getting increasingly busy ahead of the Christmas break, we are looking forward to that activity continuing into the new year.”
Jeremy Green, UK Team Head
Engaging with the Industry and contributing knowledge
Agreus is more than a recruitment agency; we also pride ourselves on being a hub of knowledge and expertise for our clients. Throughout the year, Agreus has actively participated in industry events and conferences where our co-founders Paul Westall and Tayyab Mohamed offered key insights and trends on their unique perspectives of the evolving Family Office scene.
Events we have participated in this year include:
The Global Family Office Conference 2023
2023 Family Office and Wealth Advisor Forum held by Family Office Exchange (FOX)
Family Office Forum – Unlocking Wealth, Legacy & Impact (Co-hosted with KPMG Private Enterprise)
Unlocking Family Office Governance, Compensation & Retention (Hosted by Agreus)
Global Family Office Community’s Annual USA Gathering
In addition, this year alone, we have published over 70 thought leadership pieces on our knowledgebase, including the Global Family Office Compensation Benchmark Report 2023, created in collaboration with KPMG Private Enterprise, which has received a great deal of positive feedback and features in major media outlets.
Aspirations for the Future
As we reflect on 2023, Agreus extends heartfelt gratitude to our team, candidates, and client Family Offices. Together, we have navigated challenges, celebrated successes, and forged meaningful partnerships. Looking ahead, we are excited about the possibilities that the coming year holds.
Agreus is committed to continuous growth and excellence in the Family Office recruitment sector. Our aspirations and growth plans are a testament to our unwavering dedication to providing exceptional service and adding value to our clients.