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.
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.
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.
2024 Compensation and Talent Planning Report
Botoff Consulting conducted the 2024 Compensation and Talent Planning Survey for family offices and family investment firms.
The survey report includes responses from 347 participating family offices/family investment firms in 25 countries, with data presented for the following regions:
AMERICAS – predominantly U.S. data, but includes Canada, Mexico, Central America, and South America
EUROPE – predominantly UK data, but includes data from 10 additional countries in Europe
ASIA PACIFIC – Australia and Singapore
MIDDLE EAST – Saudi Arabia and United Arab Emirates
The full report presents the complete survey findings and trends impacting compensation and talent in family offices and family investment firms and is available for purchase.
^ click above to view survey highlights and trends
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