New: The First Compensation Benchmark Built for MFOs and RIAs
Botoff Consulting closes a long-standing gap in industry benchmarking data with the launch of its first compensation survey built exclusively for multi-family offices and RIAs serving UHNW clients.
“With competition for top talent at an all-time high, we saw a clear need for compensation data built specifically for the MFO and RIA community.”
Multi-family offices have never paid quite like single-family offices — different roles, different revenue models, and a talent market that's only getting tighter. Yet the benchmarking data has long lumped them together. This month, we set out to fix that: Botoff Consulting has launched its inaugural MFO Compensation Survey, built exclusively for multi-family offices and RIAs serving ultra-high-net-worth clients.
Botoff Consulting has published compensation data from the family office sector since 2014. “We continue to see real differences in how MFOs and SFOs structure compensation,” said Trish Botoff, founder and managing principal for Botoff Consulting. “With competition for top talent at an all-time high, we saw a clear need for compensation data built specifically for the MFO and RIA community.”
Who Should Participate?
The survey is designed for organizations that provide integrated services and advice aligned with the long-term objectives and priorities of multiple UHNW individuals, multi-generational families, and single family offices. Eligible firms include MFOs, RIAs, private banks, trust companies, and wealth advisory firms.
All survey responses are kept strictly confidential, and results are only reported in aggregate. Individual firm data is never shared or identifiable.
What Participants Receive
The report will cover:
Compensation Benchmarking: Data on industry-specific roles to gauge how competitive your firm’s pay is.
Family Office Characteristics: Trends and data on staffing, operating costs, services provided, investment management, and more.
Long-Term Incentives: An overview of family office incentive trends.
Key Industry Insights: Valuable analyses and actionable takeaways from our team of consultants.
The survey is open now. Eligible firms are encouraged to participate to receive a complimentary, detailed report with expert commentary and sector-specific compensation data. For non-participants, reports start at $4,495.
Participate in the Survey
For more information and to complete the survey, visit www.botoffconsulting.com/mfo-survey-invitation.
About Botoff Consulting
Botoff Consulting is the premier provider of compensation consulting and research to family offices, family investment firms, and private trust companies. Founded in 2014, the firm has built the industry’s most comprehensive compensation studies, drawing on proprietary data from more than 1,000 family offices. Botoff is the authority in family office compensation research and advice, helping clients attract top talent, retain key employees, and align pay with family priorities. Partners and principals lead every engagement, tailoring solutions to each client’s structure, strategy, and values across compensation and benefits benchmarking, incentive plan design, governance support, and board-level advisory services. Recognized with top industry awards for its insight and thought leadership, Botoff serves clients nationally and globally with offices on both the East and West coasts. To learn more, visit www.botoffconsulting.com.