21 October 2025
- Almost 30% of CEOs of Australian family offices are paid between $500,000 and $625,000 annually
- 79% of CEOs received bonus payments, typically in a range of between 10-30% of base salary
- 79% of CEOs of Australian family offices are male
- 58% of family office CEOs are over 50 years of age
- 85% of family office professionals believe they play a hybrid role undertaking tasks that don’t exist in a corporate environment
- 43% are family members (a marked increase compared to the KPMG 2023 report)
Family office employees in Australia continue to receive competitive compensation and benefits in comparison to their peers in similar roles, in other offices across the globe, according to the KPMG Australian Family Office Compensation Benchmark Report 2025.
Building on the inaugural 2023 report, the Australian edition of the 2025 report from KPMG Australia and The Table Club provides valuable insights into the evolving landscape of family offices in Australia. As well as examining salaries and compensation trends, it also looks at talent acquisition, retention, and investment trends.
“Family offices are becoming more sophisticated, and their ability to benchmark compensation against peers locally and globally is a powerful tool,” said Robyn Langsford, KPMG’s Global Head of Family Business.
More family offices and higher pay rates
According to the KPMG report, the number of family offices in Australia continues to increase overall. New family offices as a percentage of the respondents decreased from 10% to 8%, but there remains a continued interest in establishing family offices.
Notably, 56% of respondents received an increase in salary in the last 12 months with 45% of those that did so, receiving an uplift of up to 5 percent.
“The competition for talent is intensifying, and family offices must offer compelling reward packages to attract the unique skill sets they require,” added James Burkitt, CEO of The Table Club.
Australian Family Offices – key findings 2025
1. Growth and maturity of family offices
- Family offices now account for 40% of active private capital investors in private equity and private credit, as highlighted in the 2025 Australian Private Capital Yearbook*.
- Over 50% of family offices were established in the last decade, reflecting rapid growth and increasing sophistication.
2. Compensation insights
- CFOs typically earn between $264,000 and $330,000 and CIOs take home, typically between $330,000 and 396,000 per annum.
- Almost 30% of CEOs of Australian family offices are paid between $500,000 and $625,000.
- Only 25% of family office professionals in Australia are offered Long-Term Incentive Plans (LTIPs), highlighting an area for potential improvement in attracting top talent.
3. Talent acquisition and retention challenges
- One-third of family office respondents had hired new staff in the last 12 months or were planning to do so.
- 29% of CEO’s come from investment management backgrounds. Family offices are increasingly competing with investment banks, asset managers, and other family offices for skilled professionals.
4. Evolving workplace dynamics
- The rise of hybrid work models and the importance of cultural alignment are reshaping the employment landscape. 72% of Australian family offices offer the capacity for staff to work from home.
- Flexible working arrangements and alignment with personal values, such as impact investing, are becoming key factors in attracting and retaining talent.
5. Governance and succession planning
- 63% of family offices have formal governance procedures in place, yet only 45% have a succession plan, underscoring the need for long-term strategic planning.
6. Economic pressures and strategic focus
- Inflation and economic uncertainty have prompted family offices to focus on cost management and wealth preservation. 40% of family offices advised that inflation was a main contributory factor.
- A growing emphasis on good governance is seen as critical to ensuring long-term success.
Looking ahead
The report also highlights the increasing professionalisation of family offices, with many adopting corporate-style structures to enhance governance, succession planning, and investment strategies.
“As the sector continues to grow, family offices must prioritise competitive compensation packages, flexible working conditions, and alignment with employee values to attract and retain top talent,” said Robyn Langsford.
About the report
Research for the second edition of the KPMG Australian Family Office Compensation Benchmark Report 2025, was conducted in the period April 2025 to July 2025.
For further information
Marjorie Johnston
KPMG Corporate Affairs
0407 329 430
mjohnston4@kpmg.com.au
