Key Insights from Botoff Consulting’s 2023 Single Family Office Compensation Report
In our continued effort to provide advisors with valuable insights to better serve ultra-high-net-worth families, we are pleased to share that Botoff Consulting, a leader in the family office compensation space that is committed to capturing and analyzing compensation data to develop market trends, has published the biannual Single Family Office Compensation Report.
Compiling data from a survey that included responses from 406 participating single family offices and 1,728 incumbents, this benchmarking survey aims to help family offices make all-important staffing decisions and determine appropriate salaries, benefits and incentive packages.
In this report, which was co-published by Morgan Stanley, advisors will gain key insights on a wide range of topics relating to single family office compensation, including:
- Profiles of participating firms and executives
- Single family office compensation practices and trends
- Understanding compensation market data
- Compensation details by position