1、The 2023 Global Family Office Compensation Benchmark Report KPMG I similarities2Survey methodology and demographics3Key findings and post-pandemic changes4UK5Europe6USA7Americas8Asia9Australia10Middle East11Focus on Investments12Focus on Recruitment13Focus on Governance2The 2023 Global Family Office
2、 Compensation Benchmark Report 2023 Copyright owned by one or more of the KPMG International entities.KPMG International entities provide no services to clients.All rights reserved.1234567891011121314Family Offices,since inception,have struggled with the concept of compensation.Coined by the family
3、of J.P.Morgan in 1838 and popularized by the Rockefellers some four decades on,theconcept of a Family Office has grown in popularity with anywhere from 3,000 to 6,000 estimated to exist across the USA today and global numbers reaching 20,000.While the number of Family Offices has exponentially incre
4、ased,the landscape itself has evolved too.Family Offices have matured and are no longer small and intimate entities managing the extraordinary wealth of individuals and their families.Many have become institutionalized machines equipped with exceptional professionals to match.Macroeconomic factors i
5、ncluding the COVID-19 pandemic,conflict in Eastern Europe and Brexit have also played a part in encouraging Family Offices to consider their organizational structures and while the report goes on to explore the typical governance strategies at play,one thing they are still struggling with is how to
6、remunerate their staff.A Family Office requires a distinct skill set,incomparable to almost any other working environment.After all,this is an environment where its more than just work its personal and it often makes the decision regarding compensation a product of guesswork and emotion rather than