The Family Office Sherpa

A deep dive into an independent investment governance and scaffolding advisory model for family offices. Listens about common setup versus pure investment problems and practical fixes like clearer roles, reporting and new-investment forms. Learn how a fractional, embedded approach sits on committees and the trade-offs between independence and revenue.

Shaun provides detail on how he's seen office simplify their partners, investments, reporting and goverance without comprimising on sophistication. The most effective family offices don't build investment complexity, they build clarity. Hall Road Investments Pty Ltd ACN 621 299 269 is a Corporate Authorised Representative (CAR No. 001279456) of Non Correlated Advisors Pty Ltd (AFSL No.430126). Shaun Parkin is an Authorised Representative (AR No 001279458) of Hall Road Investments Pty Ltd (CAR No. 001279456) and is authorised to provide general advice to wholesale investors. Nothing in this podcast (Communication) constitutes an investment offering of any kind. This Communication is for informational purposes only. It does not constitute investment or financial advice.

Shaun works with a lot of founders led investment offices. They can be the most dynamic and intuitive decision makers but can run into their own unique set of challenges when it comes to what they call "passive" portfolio management. In this episode, he goes through the main issues he's seen and provides practical advice on how the best have thrived. Hall Road Investments Pty Ltd ACN 621 299 269 is a Corporate Authorised Representative (CAR No. 001279456) of Non Correlated Advisors Pty Ltd (AFSL No.430126). Shaun Parkin is an Authorised Representative (AR No 001279458) of Hall Road Investments Pty Ltd (CAR No. 001279456) and is authorised to provide general advice to wholesale investors. Nothing in this podcast (Communication) constitutes an investment offering of any kind. This Communication is for informational purposes only. It does not constitute investment or financial advice.

They unpack why family office roles attract people with promises of great pay, interesting investments, and less corporate red tape. The conversation covers tricky family power dynamics, rapid change from life events, and how one relationship can determine your fate. Expect role drift, missing corporate processes, and fast generalist growth alongside meaningful, long-term work.

A practical take on using the phrase "I don't understand" to demand clarity in financial conversations. Short scenarios show how questioning momentum can reveal weak explanations and misaligned incentives. Tips cover committee dynamics, due diligence, onboarding advisors, and retesting inherited portfolios. The focus is on forcing accountability and clearer decision processes.

In this discussion, Lee Mayberry, CEO of Future Family Office, shares insights from his 15 years of experience in managing a sophisticated multi-family office. He addresses the challenges of software selection and discusses their transition from Excel to Addepar for streamlined investment reporting. Lee also explores practical AI applications in office operations and the importance of external advisory collaboration. He reflects on expanding their services to outside families, emphasizing the benefits of shared knowledge through family office networks.

Explore the innovative approach of starting a family office from scratch, focusing on simplicity and personalization. Discover why templated designs often miss the mark and how crafting a unique purpose statement is key. Learn about tailoring investment policies to reflect family values, optimizing teams for fit rather than just filling seats, and the importance of accurate reporting. Shaun shares real-life examples of families making impactful changes and emphasizes involving the next generation in governance. It's all about aligning investments with purpose!

Discover the top challenges facing family offices today, from the persistent tech pain points that hinder efficiency to the vital need for high-quality advice. Learn about the shortcomings of survey data and how to recognize useful metrics for better decision-making. Explore the significance of purpose statements for the next generation and the growing focus on investment governance structures. Shaun shares insights into the maturity of the sector, emphasizing the importance of collegial learning and best practices.

Angus Cameron, Chief Investment Officer for GHM Family Office in Sydney, shares his expertise on building tailored investment frameworks for entrepreneurial principals. He discusses the challenges of managing risk while pursuing 'spicier' investments and the importance of aligning investment goals with individual preferences. Angus introduces a three-bucket model—preservation, market returns, and aspirational bets—while highlighting the significance of behavioral design and governance. He also emphasizes the value of mentorship and collaboration within the family office network.

Ben Edmonds, CFO of Alberts Family Office, dives into a rich 140-year legacy in music from iconic acts like AC/DC to the shift towards impact investing. He discusses the intricate governance structures in their family office and the significance of a collegial network among family offices. Ben shares insights on overcoming system complexities in reporting and the balance between outsourcing and internal execution. Plus, he emphasizes the rising role of specialized family-office advisors in enhancing operations and sharing best practices.