Exceptional executive support is at the heart of any successful organization. High profile C-level support is experiencing growth in several major areas, including family office directors and chiefs of staff. Below is a closer look at some of the areas of growth in high profile C-level support.
C-level support has become increasingly prominent in Family Office Management. Family office directors and directors of operations—the people who manage the entire family office, estate, and staff, serve a role similar to a COO. Directors can help hire staff, manage property taxes and LLCs, and handle critical HR issues. High profile Family Office businesses need experienced support staff who understand the value of confidentiality and efficiency.
Chief of Staff
Chiefs of Staff serve many crucial functions. They assist with project management, communicate with direct reports, organize board meetings, help strategize, and act as the right hand to the CEO. They problem solve and manage direct reports, often shielding the CEO from direct involvement with issues that arise. The C-level support ensures day to day operations run smoothly and leadership remains organized, strategic, and productive.
Trends in Executive Support
Five years ago, these types of support roles were not being recruited for very much. Recently that has changed. These are not run of the mill executive assistants. Salaries for these roles range from $200,000 to $500,000. In this high-tech environment, the number of millionaires and ultra-high net worth individuals has exploded. C-level support professionals usually need advanced business and administrative degrees. Some even have Doctor of Jurisprudence degrees.
Support staff at this level also need a high degree of experience. Often this business experience comes from serving as an executive assistant and then growing into more operational roles. Most executive assistants at the C-level also have some legal background and understand business operations. These professionals may have worked as personal estate managers, director of operations, paralegals, or attorneys. Sometimes, executive support staff grew up in the world of high-profile executives and have established connections within this dynamic and high-stakes field.
Recruiting Top Support Professionals
In the past, people didn’t actively recruit for C-level support roles. But now as the number of high-profile millionaires has increased, executive support roles have become more important than ever. When hiring for C-level support positions, seek out professionals with extensive educational, professional, and operational experience, as well as a sense of confidentiality. A recruiter steeped in this world can help you find C-level support staff who fit well with the company’s culture, operational requirements, and the executive.