Role Overview for Chief Investment Officer (CIO) with a Family Office – Miami, FL
JRG Partners is proud to represent a distinguished, multi-generational single-family office in its search for a Chief Investment Officer (CIO). Based in the vibrant financial hub of Miami, Florida, this is a rare and compelling opportunity to serve as the key steward of the family’s significant and complex investment portfolio. The CIO will be entrusted with the critical responsibility of preserving and growing the family’s wealth for generations to come, ensuring its financial legacy and philanthropic goals are met with strategic foresight and impeccable execution.
Reporting directly to the family principals and the Investment Committee, the CIO will be the primary architect and leader of the firm’s entire investment program. This executive will have broad authority and autonomy to shape investment philosophy, develop long-term strategy, and oversee the management of a globally diversified portfolio spanning public and private markets. The ideal candidate is not just a seasoned investor, but a strategic partner and trusted advisor to the family. They must possess a deep understanding of global capital markets, a sophisticated approach to risk management, and the highest levels of integrity, discretion, and intellectual curiosity. This role requires a leader who can navigate the complexities of a private family office environment, balancing quantitative analysis with qualitative judgment, and fostering a culture of excellence, collaboration, and continuous improvement within the investment function.
Key Responsibilities of Chief Investment Officer (CIO) with a Family Office – Miami, FL
The CIO will have a broad and dynamic set of responsibilities, encompassing all aspects of the investment process. Key duties include:
Investment Strategy and Policy Development
Continuously develop, implement, and refine the family’s Investment Policy Statement (IPS). This includes defining long-term return objectives, risk tolerance, liquidity needs, and time horizons in close collaboration with the family principals.
Strategic and Tactical Asset Allocation
Design and manage the overall asset allocation framework to achieve the portfolio’s objectives. This involves making strategic decisions on allocations across public equity, fixed income, private equity, venture capital, real estate, hedge funds, direct investments, and other alternative asset classes. The CIO will also be responsible for making tactical adjustments based on market conditions and opportunities.
Manager Sourcing, Selection, and Due Diligence
Lead a rigorous and disciplined process for sourcing, evaluating, selecting, and monitoring third-party investment managers across all asset classes. This includes conducting deep quantitative and qualitative due diligence, negotiating terms, and building strong, long-term relationships with best-in-class partners.
Portfolio and Risk Management
Provide comprehensive oversight of the entire investment portfolio. Implement and maintain a sophisticated risk management framework to identify, measure, monitor, and mitigate all relevant risks, including market, credit, liquidity, and operational risks. Regularly stress-test the portfolio under various economic scenarios.
Direct and Co-Investment Analysis
Source, evaluate, and execute on direct investment and co-investment opportunities that align with the family’s strategic interests. This involves building financial models, conducting industry and company-specific research, and leading the transaction process from inception to closing.
Performance Reporting and Communication
Oversee the creation of clear, accurate, and insightful performance reports for the Investment Committee and family principals. Communicate complex investment concepts, portfolio performance, and market outlooks in a concise and understandable manner. Serve as the primary point of contact for all investment-related inquiries.
Capital Markets Research
Maintain a deep and current understanding of global macroeconomic trends, geopolitical events, and capital market dynamics. Proactively identify emerging investment themes, opportunities, and potential risks that could impact the portfolio.
Team Leadership and Mentorship
Build, lead, and mentor a small, high-performing investment team. Foster a collaborative and intellectually rigorous environment that encourages open debate and continuous learning.
Operational Excellence
Oversee the investment operations, including relationships with custodians, administrators, and other service providers. Ensure all investment activities adhere to the highest standards of compliance, governance, and ethical conduct.
Requirements for the Chief Investment Officer (CIO) with a Family Office – Miami, FL
The successful candidate will be a distinguished investment professional with a proven track record of success and the personal attributes necessary to thrive in a private family office setting. Specific qualifications include:
Experience
A minimum of 15-20 years of progressive experience in investment management, with a significant portion spent in a senior leadership role with portfolio construction and asset allocation responsibilities. Direct experience working within a single-family office, multi-family office, endowment, or foundation is highly desirable.
Educational Background
An undergraduate degree in Finance, Economics, or a related discipline is required. A Master of Business Administration (MBA) or other relevant advanced degree is strongly preferred.
Professional Designations
The CFA (Chartered Financial Analyst) designation is highly preferred and demonstrates a commitment to the highest ethical and professional standards in the investment industry. A CAIA (Chartered Alternative Investment Analyst) designation is also a significant plus.
Asset Class Expertise
Demonstrated expertise and a successful investment track record across a broad range of liquid and illiquid asset classes, including a deep understanding of alternative investments and private markets.
Analytical and Quantitative Skills
Exceptional financial modeling, quantitative analysis, and problem-solving skills. The ability to translate complex data into actionable investment insights is paramount.
Leadership and Communication
Proven ability to lead and develop a team. Outstanding written and verbal communication skills, with the ability to articulate investment strategies and performance to a sophisticated, non-financial audience with clarity and confidence.
Personal Attributes
Unquestionable integrity, ethics, and discretion are essential. The candidate must possess a strong work ethic, intellectual humility, a collaborative spirit, and a low-ego approach. A patient, long-term investment perspective is critical.
Network
A robust and established network within the investment management community, including access to top-tier fund managers and unique investment opportunities.
Benefits & Perks Offered
Our client offers a highly attractive and comprehensive compensation and benefits package designed to attract and retain a top-tier executive. This includes:
- A highly competitive base salary and a significant performance-based annual bonus.
- Potential for long-term incentive compensation, such as carried interest or participation in direct investments.
- Comprehensive premium health, dental, and vision insurance for the employee and their family.
- A generous 401(k) retirement plan with a substantial company match.
- Significant paid time off (PTO), sick leave, and paid holidays.
- Support for professional development, including conference attendance and continuing education.
- Relocation assistance for an exceptional candidate moving to the Miami area.
- The unique opportunity to make a lasting impact on a family’s legacy and philanthropic endeavors.
How to Apply
JRG Partners is exclusively managing this search. To be considered for this exceptional opportunity, please submit your resume and a cover letter detailing your qualifications and interest in the role. All inquiries and applications will be handled with the strictest confidence. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
