2024 Family Governance & Compensation Report
NOTE: This report only includes detailed compensation data for Board and Trustee roles; if you are looking for detailed compensation data by role, please consider purchasing the 2024 Compensation Survey Summary or Premium Report.
The governance structures that families use for oversight of the family and decision-making have a consequential impact on the preservation and unity within the family.
Botoff Consulting developed this custom report, with input on survey design and family office best practices from Dennis T. Jaffe, Ph.D, a renowned family wealth expert, author, and leader. The report presents compensation data along with trends and best practices that impact family governance. In addition to insights from Dennis, the report also contains key insights from R. Scott Beach, a Partner in the Family Office Practice at Day Pitney LLP.
The survey was launched on September 7, 2023, with data collected through January 1, 2024.
Participation was by invitation only. Botoff Consulting collected and analyzed the data, which is presented and reported only in aggregate form.
This survey report includes responses from 185 families/family offices in 21 countries.
Important Note: If you are an advisor or your firm provides compensation consulting services, please contact reports@botoffconsulting.com for pricing.
NOTE: This report only includes detailed compensation data for Board and Trustee roles; if you are looking for detailed compensation data by role, please consider purchasing the 2024 Compensation Survey Summary or Premium Report.
The governance structures that families use for oversight of the family and decision-making have a consequential impact on the preservation and unity within the family.
Botoff Consulting developed this custom report, with input on survey design and family office best practices from Dennis T. Jaffe, Ph.D, a renowned family wealth expert, author, and leader. The report presents compensation data along with trends and best practices that impact family governance. In addition to insights from Dennis, the report also contains key insights from R. Scott Beach, a Partner in the Family Office Practice at Day Pitney LLP.
The survey was launched on September 7, 2023, with data collected through January 1, 2024.
Participation was by invitation only. Botoff Consulting collected and analyzed the data, which is presented and reported only in aggregate form.
This survey report includes responses from 185 families/family offices in 21 countries.
Important Note: If you are an advisor or your firm provides compensation consulting services, please contact reports@botoffconsulting.com for pricing.
NOTE: This report only includes detailed compensation data for Board and Trustee roles; if you are looking for detailed compensation data by role, please consider purchasing the 2024 Compensation Survey Summary or Premium Report.
The governance structures that families use for oversight of the family and decision-making have a consequential impact on the preservation and unity within the family.
Botoff Consulting developed this custom report, with input on survey design and family office best practices from Dennis T. Jaffe, Ph.D, a renowned family wealth expert, author, and leader. The report presents compensation data along with trends and best practices that impact family governance. In addition to insights from Dennis, the report also contains key insights from R. Scott Beach, a Partner in the Family Office Practice at Day Pitney LLP.
The survey was launched on September 7, 2023, with data collected through January 1, 2024.
Participation was by invitation only. Botoff Consulting collected and analyzed the data, which is presented and reported only in aggregate form.
This survey report includes responses from 185 families/family offices in 21 countries.
Important Note: If you are an advisor or your firm provides compensation consulting services, please contact reports@botoffconsulting.com for pricing.