# Family offices in India struggle to retain investment chiefs 2026-08-09T03:42:41+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet India has over 300 family offices managing more than $30 billion in assets, but many are losing chief investment officers within months of hiring. The Economic Times reports that a lack of clear mandates, cultural clashes, and limited decision-making powers are driving the exodus. Recruiters say demand far exceeds supply for professionals who can handle the intensely personal promoter-led culture. One executive quit after 11 months because he was hired without an operating structure. Another CIO realised within a month that a different family member really called the shots. Families often keep 90% of money in safe instruments but obsess over the risky 10%, leaving professionals bored. The tension centres on who has the final say on investments. ## Coverage - economictimes.indiatimes.com Tags: CIO turnover, corporate culture, family offices, India, private equity, wealth management Canonical: https://indianopinion.org/family-offices-in-india-struggle-to-retain-investment-chiefs/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/family-offices-in-india-struggle-to-retain-investment-chiefs/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.