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POSITION 1 of 2:
Investment Manager
REDARE Family Office — Position Charter
Entity: REDARE Family Office LLC Structure: Single Family Office (SFO), self-funded through family-private venture liquidity events Mandate: Wealth preservation, capital protection, disciplined growth within risk tolerance AUM Context: $1B+ liquid net worth Reports to: Chief Executive Officer (Principal) and Chief Financial Officer Works independently alongside: Family Office Controller (financial operations/reporting counterpart, not a direct report or manager) FLSA Status: Exempt, full-time Location: On-site preferred, some remote/travel flexibility for diligence and manager visits
Position Summary
The Investment Manager is the senior investment professional responsible for sourcing, evaluating, executing, and monitoring the family’s liquid and semi-liquid investment portfolio, in service of a wealth-preservation-first mandate. This role operates independently — it is not embedded inside the accounting/reporting function run by the Controller, and it does not report to the Controller. Instead, it reports directly to the CEO/Principal and the CFO, giving the family a dedicated investment voice that is deliberately separated from financial control and custody functions (a standard governance safeguard in SFOs of this scale).
The Investment Manager is expected to operate with a preservation-of-capital lens first, and a return-seeking lens second — consistent with the family’s stated philosophy of concentrating higher-risk, higher-conviction capital in owned/operated ventures (real estate, media, direct deals) while the professionally managed portfolio is built for downside protection, liquidity, and diversification away from the family’s own operating risk.
Core Responsibilities
1. Portfolio Strategy & Asset Allocation
Develop and maintain the family’s investment policy statement (IPS) in coordination with the CEO and CFO
Recommend strategic and tactical asset allocation across public equities, fixed income, alternatives, hedge strategies, and cash equivalents
Ensure portfolio construction reflects the family’s liquidity needs, risk tolerance, time horizon, and concentration in private/operating assets already held outside this portfolio
Rebalance the portfolio against policy targets and communicate rationale for deviations
2. Manager & Fund Due Diligence
Source, evaluate, and recommend external investment managers, funds, and direct opportunities (public and private)
Conduct operational, financial, and strategy due diligence on prospective managers
Negotiate fee structures, side letters, and terms where applicable
Maintain an ongoing manager monitoring program (performance, style drift, key-person risk, organizational changes)
3. Direct & Co-Investment Evaluation
Evaluate direct investment and co-investment opportunities brought to the family (distinct from the family’s own operating ventures)
Build investment memos and risk/return analyses for CEO and CFO review
Coordinate diligence with outside legal counsel and the Controller’s office as needed for structuring and accounting implications
Flag opportunities that overlap with or compete against existing family operating interests
4. Risk Management
Monitor portfolio-level risk exposures: concentration, correlation, currency, liquidity, and leverage
Stress-test the portfolio against downside scenarios relevant to a wealth-preservation mandate
Maintain a risk dashboard reviewed regularly with the CEO and CFO
Coordinate with the Controller’s office on liquidity forecasting so investment decisions align with known capital calls, tax obligations, and distribution needs
5. Performance Reporting & Communication
Prepare investment performance reporting (distinct from the Controller’s financial/accounting reporting) — benchmarking, attribution, and manager scorecards
Present quarterly investment reviews to the CEO and CFO
Translate market conditions and portfolio positioning into plain-language updates for family decision-makers
Maintain records supporting investment rationale for governance and succession purposes
6. Banking, Custody & Execution Coordination
Coordinate trade execution and rebalancing instructions with custodians and brokers
Work alongside (not through) the Controller’s office on wire authorization for investment funding/redemption, respecting dual-control protocols
Maintain relationships with prime brokers, custodians, and outside investment consultants as needed
7. Governance & Advisory Support
Serve as the investment subject-matter resource in family governance discussions
Support next-generation education on investment philosophy and portfolio structure, if/when relevant
Advise CEO and CFO on market conditions relevant to timing of major liquidity events, capital deployment, or large purchases (e.g., real estate acquisitions)
Deliberate Separation from Controller Function
This role is intentionally structured as a peer to, not a subordinate of, the Family Office Controller:
Investment Manager owns strategy, sourcing, manager selection, and performance narrative
Controller owns accounting, custody reconciliation, tax coordination, and financial control
Both report independently to the CEO/CFO, preserving separation of duties between the professional who recommends/executes investment decisions and the professional who verifies and records the resulting financial activity — a standard institutional control for a family office of this size
Qualifications
Required:
10+ years of investment experience, ideally spanning both public markets and alternatives (private equity, private credit, real assets)
Prior experience at a family office, endowment/foundation, RIA, or institutional allocator strongly preferred
Demonstrated track record of manager due diligence and portfolio construction for a preservation-oriented (not purely return-maximizing) mandate
CFA charter strongly preferred
Comfortable operating with significant autonomy and direct principal access, without a large supporting investment team
Preferred:
Experience allocating capital alongside a family with concentrated private/operating wealth (i.e., understands how to build a portfolio that complements rather than duplicates existing risk)
Existing network of manager and co-investment relationships
Experience presenting directly to a principal/family board rather than through an intermediary layer
Key Relationships
Internal:
CEO / Principal
Chief Financial Officer
Family Office Controller (peer coordination on liquidity, funding, and reconciliation — not a reporting relationship)
Portfolio performance versus policy benchmark, risk-adjusted
Downside protection during market stress periods (the primary preservation-mandate metric)
Manager due diligence completed on schedule with documented rationale
No unexplained deviation from IPS-approved allocation ranges
Clean handoffs with Controller’s office — no funding/reconciliation breaks attributable to investment-side miscommunication
Compensation Note
For a single family office investment lead at this scale ($1B+ liquid net worth), compensation typically benchmarks in the range of $250K–$450K base, plus a discretionary or performance-linked bonus (often 25–75% of base depending on structure and whether any carried-interest-like incentive is used for direct/co-investments). Compensation trends toward the higher end when the role carries full discretionary authority versus a purely advisory/recommendation mandate, and when the individual is expected to source and originate direct opportunities rather than solely allocate to third-party managers.
This document is a role charter intended for internal use in defining, recruiting for, and evaluating the Investment Manager position at REDARE Family Office, alongside the Controller and CFO roles.
Position 2 of 2:
Family Office Controller
REDARE Family Office — Position Charter
Entity: REDARE Family Office LLC Structure: Single Family Office (SFO), self-funded through family-private venture liquidity events Mandate: Wealth preservation, capital protection, multi-generational continuity AUM Context: $1B+ liquid net worth Reports to: Principal / Chief Investment Officer (or COO, if that role exists above Controller) FLSA Status: Exempt, full-time Location: On-site preferred (headquarters-based), some remote flexibility possible
Position Summary
The Family Office Controller is the senior financial operations leader responsible for the accuracy, integrity, and timeliness of all accounting, reporting, treasury, and compliance functions across REDARE Family Office and its affiliated entities. This is a wealth-preservation-first mandate — the Controller’s core job is to protect capital through rigorous financial control, not to originate investment strategy. The role sits at the center of a small, high-trust team and interfaces directly with the Principal, outside counsel, tax advisors, custodians, and fund administrators.
Because REDARE is self-funded from family-private venture proceeds rather than pooled institutional capital, the Controller must be comfortable with concentrated, illiquid, and privately-structured wealth (operating company distributions, real estate, private equity stakes) alongside more traditional liquid portfolio holdings — and must bring order and reporting discipline to that hybrid balance sheet.
Core Responsibilities
1. Financial Reporting & Consolidation
Prepare consolidated financial statements across all family office entities, holding companies, trusts, and special purpose vehicles
Maintain a master chart of accounts and entity structure map reflecting the full REDARE ecosystem (Family Office LLC, Foundation, operating affiliates, SPVs)
Produce monthly/quarterly net worth statements, liquidity summaries, and performance reporting for the Principal
Own the annual consolidated balance sheet and net worth reconciliation
2. Accounting Operations
Oversee day-to-day bookkeeping, accounts payable, and intercompany transactions across all entities
Manage general ledger integrity, journal entries, and month-end/year-end close processes
Maintain capital account records for all trusts, LLCs, and investment vehicles
Track cost basis, holding periods, and tax lots for all investment positions
3. Cash & Liquidity Management
Manage cash positioning and short-term liquidity across banking relationships
Coordinate capital calls, distributions, and wire transfers with appropriate dual-control and paymaster protocols
Maintain rolling liquidity forecasts (30/90/365-day) to ensure sufficient reserves for capital commitments, taxes, and family distributions
Monitor and reconcile private banking relationships, custodial accounts, and operating accounts
4. Investment & Portfolio Accounting
Reconcile custodial and fund administrator statements against internal books
Track performance, fees, and capital account activity for private equity, real estate, and direct investments
Support the CIO/Principal with data needed for asset allocation and rebalancing decisions (without directing investment strategy)
Maintain records for illiquid/private holdings including valuations, capital calls, and distribution waterfalls
5. Tax Coordination
Serve as primary internal liaison with outside tax counsel and CPA firms across all entities and jurisdictions
Coordinate estimated tax payments, K-1 tracking, and multi-state/multi-entity filing calendars
Flag state residency and domicile considerations relevant to the family’s tax footprint
6. Compliance & Risk Controls
Maintain internal controls appropriate to a $1B+ SFO: segregation of duties, dual approval on wires, documented signing authority
Ensure AML/KYC documentation is current with all banking and custodial relationships
Maintain corporate compliance calendars (annual filings, registered agent renewals, entity good-standing) across all formation states
Coordinate with outside counsel on trust administration, entity governance, and regulatory obligations (e.g., Family Office Rule considerations under the Investment Advisers Act)
7. Reporting to the Principal & Family
Deliver clear, decision-ready financial packages — not raw data dumps — tailored to how the Principal wants to consume information
Maintain a “single source of truth” dashboard for net worth, liquidity, and entity-level performance
Support family governance meetings with financial materials as needed
Maintain strict confidentiality; this role sees the complete financial picture of the family
8. Vendor, Banking & Advisor Relationships
Serve as day-to-day point of contact for private bankers, fund administrators, custodians, auditors, and insurance brokers
Manage the RFP/selection process for financial service providers as needed
Negotiate and monitor fee arrangements with outside administrators and advisors
9. Systems & Process
Select and maintain accounting/reporting systems appropriate to SFO scale (e.g., consolidated GL software, portfolio reporting platforms)
Build and document repeatable processes so the function is not dependent on institutional memory
Prepare the office for eventual scale (additional staff, additional entities, next-generation family members)
Qualifications
Required:
CPA required; Big 4 or top regional accounting firm background strongly preferred
10+ years progressive experience in accounting/finance, including direct family office, private equity fund administration, or UHNW private client experience
Zero material errors in consolidated financial reporting
On-time, accurate delivery of monthly/quarterly reporting packages
Clean audit or review outcomes (if applicable)
Tax filings completed without extensions-driven surprises or penalties
Liquidity forecasts accurate within a defined tolerance band
No control failures (unauthorized wires, reconciliation breaks, etc.)
Compensation Note
For a single family office at this scale ($1B+ liquid net worth, wealth preservation mandate), Controller-level compensation typically benchmarks in the range of $200K–$350K base, plus discretionary bonus (often 15–30% of base), depending on scope (whether the role also carries CFO-like responsibilities), geography, and whether the office is building out additional staff beneath the Controller. If the role is functioning as the de facto senior financial officer of the entire structure (i.e., no separate CFO), compensation frequently trends toward the top of or above this range.
This document is a role charter intended for internal use in defining, recruiting for, and evaluating the Family Office Controller position at REDARE Family Office.
