2023 Single Family Office Compensation Full Report

Botoff Consulting conducted this compensation survey and collaborated with Morgan Stanley Private Wealth Management to co-publish this report. Morgan Stanley's Single Family Office Advisory group released its third bi-annual compensation report in collaboration with Botoff Consulting, which presents survey findings along with trends impacting compensation in family offices. The findings contain responses from over 400 single family offices, with 77 percent of participant families having a total net worth of over $500 million. Reporting data on 1,728 employees, the trusted data is meant to serve as a reference to help shape all-important staffing decisions and strategy for family office clients.