Family Offices have evolved from small and intimate entities,
serving the needs of a single family, into sophisticated
organisations, employing some of the world’s most exceptional
professionals.
The unique and personalised nature of each Family Office can
make it challenging to access benchmark remuneration data. Family
Offices require a distinct skillset, incomparable to other working
environments, and many professionals that Family Offices search
for, have backgrounds in the very benchmarked environment of
professional services and investment banking. These professionals
are accustomed to a consistent and familiar compensation
structure.
The Global Family Office Compensation Benchmark Report developed
in collaboration with Agreus Group features quantitative and
qualitative insights into Family Office composition, and
compensation structures, and provides much sought after benchmark
data.
585 Professionals from the Family Office community, spanning
roles from Personal Assistants to Principals, participated in an
online survey conducted by KPMG Private Enterprise and Agreus. In
addition, 20 in-depth qualitative interviews were carried out with
Chief Executive Officers, Managing Directors, and senior leaders
from the Family Office industry across all continents.
The Global Family Office Compensation Benchmark report
represents the combined findings from both the survey and the
interviews.
Explore the regional insights
UK
Despite significant tax changes over recent years, the UK
remains an attractive jurisdiction for family offices due to its
political stability and strong legal system. London is still
favourable due to its world class financial ecosystem, trusted
legal and regulatory framework, along with high quality lifestyle
and education.
UK Family Office CEOs most commonly take home a salary
of £198,001– £264,000
Europe
Europe hosts a diverse and increasingly sophisticated Family
Office landscape, shaped by its cultural, regulatory, and economic
variety. Key hubs such as Switzerland, Luxembourg, and Monaco have
long attracted UHNW families due to their favourable tax regimes,
and deep-rooted expertise in private banking and wealth
structuring.
European Family Office CEOs most commonly take home a
salary of €198,001– €264,000
USA
Family Offices in the U.S.A are often large, sophisticated
entities with institutional-level governance, serving not just
wealth preservation, but innovation, influence, and long-term
legacy planning. The appeal of the USA lies in its entrepreneurial
culture, broad investment opportunities, and well-established
private wealth infrastructure.
USA Family Office CEOs most commonly take home a salary
of $396,001– $500,000
Americas
In Canada, stability and a strong financial infrastructure
attract both domestic and international families. In Latin America,
growing wealth and political uncertainty have driven demand for
formalised wealth structures, often with an international
component.
CEO’s most commonly take home $500,001–
$625,000
Asia
Asia continues to be one of the fastest-growing regions for
Family Offices, driven by a surge in first-generation
entrepreneurial wealth. Centres like Singapore and Hong Kong lead
the region, offering strong Family Office friendly regulatory
frameworks, favourable tax regimes, and access to regional
investment opportunities.
CEO salaries vary in Asia with most common salaries
being between S$198,001–S$264,000 and
S$396,001–S$500,000
Australia
Australia is emerging as a key centre of Family Office growth
globally, with the number of Family Offices increasing in both
number and size. Strong legal systems, at a Federal and State
level, economic stability, a growing pool of private wealth and it
being an attractive destination for high-net-worth investors and
migrants, have driven the rise of Single Family Offices.
CEO in Australia most commonly takes home a salary of
$500,001– $625,000
Middle East
The Middle East has rapidly established itself as a prominent
Family Office hub, particularly in the UAE. Fuelled by a surge in
private wealth, economic diversification, and government-backed
incentives, the region has seen a sharp rise in newly formed Family
Offices.
Family Office CEOs most commonly earn $330,001–
$396,000
Professionalisation, progress and the push for governance
One of the most significant developments is the increasing
professionalisation of Family Offices, with more Family Offices now
established as standalone entities. This shift marks a broader
movement toward enhanced governance and a deep understanding of the
role of a Family Office. Wealth preservation was the most stated
objective in the report and this signals a more strategic,
long-term mindset, as families focus on safeguarding their capital
for future generations rather than simply managing its day-to-day
deployment.
Governance practises have evolved considerably, with Family
Offices enhancing the depth and quality of their committees and
reporting.
Does your Family Office have formalized governance?
With fewer Family Offices operating within the structure of an
active business, there is a broader trend towards
professionalisation and the separation of personal and business
assets.
Macro economic concerns have triggered emphasis on appropriate
diversification, managing liquidity and Investment governance.
What asset classes are you invested in, and how are these
allocated?
As the Family Office ecosystem matures, marked by growing
professionalisation and more sophisticated needs, the search for
candidates that can operate beyond their job descriptions,
professionals who are resourceful and adaptable and can align with
the values of the family and team, become an increasing focus in
the recruitment process.
Most common trajectory into Family Office is investment
management 26%. Other industries can include
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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