As the family office industry continues to mature and formalise, the discussion around staffing has become even more vital. As one of the consistent costs in a family office, compensation is a nuanced and multifaceted subject – made even more complex by the lack of industry benchmarking. The dynamics of single and multi-family offices, the nature of underlying investments, and the role of investors all add to the complexity of designing appropriate and effective compensation packages for family office staff. Here, we explore the various aspects of family office compensation, breaking it down into four key sections.
Understanding the Role of Investors and Market Dynamics in family office compensation
In the ever-evolving world of family offices, understanding the interplay of investors and market dynamics is the first step to designing effective compensation structures.
