My professional advisory experience with high net worth individuals, together with my personal life experience as an owner of high-end residential properties, uniquely qualify me as both an Estate and Household Manager. Often the duties of Estate and Household Manager are combined, and there also may be involvement with the business and professional interests of the employer.
An Estate Manager is responsible for the entire property that comprises the estate, in addition to executive oversight of the actual residence itself. An Estate Manager is often required to manage multiple properties owned by the employer, ensuring each estate is well-organized and properly maintained in its entirety. An Estate Manager frequently manages all estate staff and contractors, and must understand the responsibilities of each staff member. Superior communication skills are a major asset.
Estate Management often includes financial oversight, including budgets, accounting, and inventory control, as well as policymaking authority. A large, complex estate may also include stables, a golf course, or vineyard, private aircraft and yachts, which are routinely also the responsibility of the Estate Manager.
The Household Manager has ultimate responsibility and accountability for the management of the actual residence itself. Naturally, the actual duties will vary for each situation, and can be combined with Estate Management responsibilities.
An effective Household Manager should possess excellent managerial, organizational and operational skills. He should have an extremely diverse base of knowledge, be able to train and manage staff, develop household standards and protocols, manage household accounts, budgets, and inventory, as well as the ability to manage formal events and business schedules.