Share this page!

Enter URL or ID to Unroll

You can paste full URL like: https://x.com/threadreaderapp/status/1644127596119195649
or just the ID like: 1644127596119195649

How to get URL link on X (Twitter) App

  1. On the Twitter thread, click on or icon on the bottom
  2. Click again on or Share Via icon
  3. Click on Copy Link to Tweet
  4. Paste it above and click "Unroll Thread"!
  5. More info at Twitter Help
Mr Family Office Profile picture
@MrFamilyOffice
Jan 19, 2023 • 13 tweets • 2 min read • Read on X
Attracting the top talent.. from CEOs to analysts, what are Family Offices paying their people? 🧵
💵 Average base salary of a US Family Office CEO is $556,100, total compensation including bonuses is $1,130,500
💵 Top 10% of Family Office CEOs in the US earn $1,520,000
💵 CEOs at $1 billion+ Family Offices have an average base salary of $919,400 and total compensation of $2,370,100
💵 CEOs of US Family Offices with under $100M of assets get an average base salary of $432,600 and total compensation of $491,800
💵 Chief Investment Officers receive an average of $410,600 and total compensation of $810,800
💵 Top 10% Chief Investment Officers are receiving an average salary of 750,000 and compensation of $1,336,000
💵 CIOs at $1 billion+ US Family Offices are being paid an average base salary of $606,100 and total compensation of $1,160,000
💵 Chief Compliance/Risk officers are receiving an average base salary of $223,400 and total compensation of $339,100
💵 Senior Portfolio managers are in line for an average $281,900 and total compensation $651,400, with top 10% earning more than $1 million
💵 Portfolio managers are earning an average $184,700 base salary and total compensation of $414,300
💵 Senior Analysts are earning an average base salary of $152,100 with total compensation at $238500
If you found this thread informative and helpful, give us a like and follow us for more updates and insights in the future. #familyoffice #compensation #benchmarking

• • •

Missing some Tweet in this thread? You can try to force a refresh
　

Keep Current with Mr Family Office

Mr Family Office Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @MrFamilyOffice

Mr Family Office Profile picture
Dec 21
The wealthiest families in the world hold secrets that are passed down through the generations

Educational secrets that even the most exclusive schools don’t teach

Wealthy families rarely rely on schools to teach kids about finance

Family offices curate exclusive financial education programs. Programs delivered through private agencies, Ivy League universities and specialist organizations

12 lessons on financial education from Family Offices:

(and tips for any family)

🧵
Lesson 1: be open

Successful UHNW multi-generational families talk about money. They are not coy

It’s part of everyday life to talk about business, wealth and money. Business-talk at the dinner table is encouraged

Wealth brings opportunities and problems. But if wealth is a taboo subject, opportunities will be missed and problems exacerbated

A lot of people think they are helping their kids by shielding them from financial matters. But like any topic, to master it, you need to be consistently exposed to it
Lesson 2: start young

That doesn’t mean telling wealthy toddlers their net worth

It means teaching kids about:

- the history of the family wealth
- the scope of the wealth
- the family values

As they get older, focus can shift to areas such as budgeting and saving. Then investing, tax, credit, finance, philanthropy

Kindergartens and schools don’t teach finance... It’s on you
Read 14 tweets
Mr Family Office Profile picture
Dec 19
UBS interviewed 82 billionaires

Here's what they said about:

• the regions they're investing in
• their asset allocation shifts

1. where billionaires are investing

80% of billionaires see North America as the best investment opportunity over the next 12 months, up 30% from 2023

68% maintain confidence in North America over the next five years

Asia-Pacific (excl. China): 25% short-term optimism, rising to 45% over five years

China: 11% short-term optimism, increasing to 31% over five years

Western Europe: 18% short-term optimism, climbing to 29% over five years

Regions like Middle East, Latin America, Eastern Europe, and Africa are seen as having limited short- and medium-term opportunities

North America Dominance: driven by technological innovation (generative AI, GLP-1 drugs) and energy security, billionaires favor North America for both short- and long-term returns

Shifting Views on APAC and China: short-term confidence in Asia-Pacific and China is muted, but expectations grow over five years

Western Europe’s Moderate Rise: investment sentiment strengthens moderately for Western Europe over the medium termImage
2. what billionaires plan to invest in

Billionaires' asset allocation shifts:

43% plan to increase exposure to real estate

42% plan to increase exposure to developed market equities

40% intend to increase gold/precious metals exposure

31% plan to increase cash holdings

Interest rate easing:

Views on asset classes are changing as interest rates in the US and Europe may start easing, potentially boosting economic growth

Alternative investments: 38% plan to increase direct private equity holdings

28% plan to increase private equity funds/funds of funds, while 34% plan to decrease

26% intend to increase infrastructure investments

35% plan to increase private debt

Hedge funds are less favored: 27% plan to decrease, while 23% aim to increase

Art and antiques: 32% plan to increase exposure to art and antiques, a significant rise from 11% the previous yearImage
source: UBS Billionaire Survey, 2024

More than 5,000 family office people subscribe to the free Mr Family Office Newsletter

Stay ahead of the curve: sign up link below
Read 4 tweets
Mr Family Office Profile picture
Oct 22
what is a family office:
A single-family office (SFO) is a private wealth management firm supporting a single affluent family

It manages investments, tax planning, legal support & other financial matters

Core roles:

1. Protecting wealth
2. Growing wealth
3. Financial Planning
4. Succession Planning
5. Administration
6. Charity and philanthropy
7. Governance
1. Protecting wealth

"I don't want to get rich, I want to stay rich"

Protecting wealth is traditionally the raison d'etre of the FO, it involves:

• Creating trusts and other legal structures, to preserve wealth within the family and shielding it from outsiders, former spouses, tax authorities
• Continuous monitoring of investments and the market to identify and mitigate potential dangers
• Implementing diversification strategies
Read 10 tweets
Mr Family Office Profile picture
Sep 10
Deloitte Private released a major family office report this week

8 key takeaways
Some truly mind-blowing numbers ↓↓
1. Family office expansion explodes

• 8,030 single family offices globally today, up from 6,130 in 2019 (31% increase)
• Projected growth: 12% to 9,030 family offices next year
• Expected increase of 33% to 10,720 family offices by 2030
• This represents a 75% increase over a 10-year period
2. Family offices are becoming an economic powerhouse

• In 2019, total wealth for families with family offices was $3.3 trillion
• Today, it stands at $5.5 trillion (67% increase over five years)
• Projected growth: $6.9 trillion by 2025 (26% increase)
• $9.5 trillion by 2030 (73% increase from today, 189% increase from 2019)
• Family offices' total AUM is $3.1 trillion today, expected to rise to $5.4 trillion by 2030 (73% increase)
• North America is projected to see the greatest increase in family wealth and AUM, with a 258% rise by 2030, followed by Asia Pacific at 208%
Read 10 tweets
Mr Family Office Profile picture
Aug 18
Family Office pay (non-execs), a thread: Image
Portfolio Managers

Focus on growing and preserving the family's wealth through diversified investments in equities, real estate, private equity, and hedge funds

Salary Range: (total compensation by AUM, 25th percentile - 75th percentile, US)

Less than $500 million: $185,000 - $279,375
$500mn - $999 million: $201,250 - $373,750
$1bn - $2.49 billion: $266,251 - $514,000
$2.5 billion+: $324,608 - $643,716

Background: investment management, financial analysis, or related fields. They may come from investment banks, asset management firms, or other family offices
Investment Analysts

Conduct research and analysis to support investment decisions

Salary Range: (total compensation by AUM, 25th percentile - 75th percentile, US)

Less than $1 billion: $134,250 - $189,714
$1bn - $2.49 billion: $137,325 - $190,750
More than $2.5 billion: $165,625 - $209,003

Background: finance, economics, or related fields, with strong analytical and research skills. Often hired from investment banks, asset management firms, or other research-focused roles
Read 20 tweets
Mr Family Office Profile picture
Aug 10
Executive pay at Family Offices, a thread:
Chief Executive Officer

Directs the overall operations of the family office, setting strategic objectives, and ensuring alignment with the family's goals. Typically, the higher the AUM, the more likely the CEO will be a non-family member

Salary Range: (total compensation by AUM, 25th percentile - 75th percentile, US)

Less than $500 million: $456,250 - $925,000
$500mn - $999 million: $388,000 - $794,000
$1bn - $2.49 billion: $735,085 - $1,315,000
$2.5 billion+: $1,052,679 - $2,475,000

Background: CEOs often come from executive leadership roles in corporations, private banks, investment firms, or other family offices. They should bring experience in strategic planning and operations management
Chief Financial Officer (CFO)

Manages financial planning, reporting, liquidity and risk management

Salary Range: (total compensation by AUM, 25th percentile - 75th percentile, US)

Less than $500 million: $236,500 - $414,831
$500mn - $999 million: $430,000 - $750,000
$1bn - $2.49 billion: $429,227 - $762,500
$2.5 billion+: $548,500 - $900,704

Background: Accounting and finance is pretty much essential. Must tick the usual boxes: financial reporting, budgeting, tax planning, and regulatory compliance. Family offices seem to like hiring CFOs from Big 4 accountants, big corporations or other family offices
Read 9 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

Send Email!

:(