Our friend and colleague in Los Angeles shares some great insights in this article from Business Insider. Enjoy!
Emily Webb-Doskow is an estate manager for the properties of the wealthy and takes special requests, such as acquiring two pregnant cows for regenerative farming.
The 51-year-old founder of the LA firm Webb & Baker offers a service akin to a family chief operations officer: equal parts facilities manager, personal assistant, and head of admin. She manages every aspect of her clients' nonfinancial lives, focused on all things related to their one or more homes around the world. Her seven-person firm supports between six and 10 families at any one time.
Estate management is a growing field
Webb-Doskow was born in New York City and worked in production and public relations before switching to working at family offices — the admin arms of wealthy families, where staffers oversee and maintain their money and lifestyle.
She spent over a decade in senior roles at such operations, where she first encountered estate managers. Webb-Doskow was overseeing and coordinating their work in her family-office role and noticed an unmet need.
Estate managers were once the preserve of a few ultrawealthy families. Rich Americans have consistently been growing richer —billionaires saw a 62% increase in their net worth over the pandemic. More people with more money live more complicated lives, split between various homes and locales. These shifts expanded the prospective client base of families who could benefit from an estate manager…
Read the full article here: An estate manager for the wealthy shares some of the outlandish and intimate requests she's received from clients