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      Family Offices have evolved from small and intimate entities, serving the needs of a single family, into sophisticated organisations, employing some of the world’s most exceptional professionals.

      The unique and personalised nature of each Family Office can make it challenging to access benchmark remuneration data. Family Offices require a distinct skillset, incomparable to other working environments, and many professionals that Family Offices search for, have backgrounds in the very benchmarked environment of professional services and investment banking. These professionals are accustomed to a consistent and familiar compensation structure.

      The Global Family Office Compensation Benchmark Report developed in collaboration with Agreus Group features quantitative and qualitative insights into Family Office composition, and compensation structures, and provides much sought after benchmark data.

      585 Professionals from the Family Office community, spanning roles from Personal Assistants to Principals, participated in an online survey conducted by KPMG Private Enterprise and Agreus. In addition, 20 in-depth qualitative interviews were carried out with Chief Executive Officers, Managing Directors, and senior leaders from the Family Office industry across all continents.

      The Global Family Office Compensation Benchmark report represents the combined findings from both the survey and the interviews.

      Explore the regional insights

      Despite significant tax changes over recent years, the UK remains an attractive jurisdiction for family offices due to its political stability and strong legal system. London is still favorable due to its world class financial ecosystem, trusted legal and regulatory framework, along with high quality lifestyle and education.

      UK Family Office CEOs most commonly take home a salary of £198,001– £264,000

      Europe hosts a diverse and increasingly sophisticated Family Office landscape, shaped by its cultural, regulatory, and economic variety. Key hubs such as Switzerland, Luxembourg, and Monaco have long attracted UHNW families due to their favorable tax regimes, and deep-rooted expertise in private banking and wealth structuring.

      European Family Office CEOs most commonly take home a salary of €198,001– €264,000

      Family Offices in the U.S.A are often large, sophisticated entities with institutional-level governance, serving not just wealth preservation, but innovation, influence, and long-term legacy planning. The appeal of the USA lies in its entrepreneurial culture, broad investment opportunities, and well-established private wealth infrastructure.

      USA Family Office CEOs most commonly take home a salary of $396,001– $500,000

      In Canada, stability and a strong financial infrastructure attract both domestic and international families. In Latin America, growing wealth and political uncertainty have driven demand for formalised wealth structures, often with an international component.

      CEO’s most commonly take home $500,001– $625,000 

      Asia continues to be one of the fastest-growing regions for Family Offices, driven by a surge in first-generation entrepreneurial wealth. Centers like Singapore and Hong Kong lead the region, offering strong Family Office friendly regulatory frameworks, favorable tax regimes, and access to regional investment opportunities.

      CEO salaries vary in Asia with most common salaries being between S$198,001–S$264,000 and S$396,001–S$500,000

      Australia is emerging as a key center of Family Office growth globally, with the number of Family Offices increasing in both number and size. Strong legal systems, at a Federal and State level, economic stability, a growing pool of private wealth and it being an attractive destination for high-net-worth investors and migrants, have driven the rise of Single Family Offices.

      CEO in Australia most commonly takes home a salary of $500,001– $625,000

      The Middle East has rapidly established itself as a prominent Family Office hub, particularly in the UAE. Fueled by a surge in private wealth, economic diversification, and government-backed incentives, the region has seen a sharp rise in newly formed Family Offices.

       Family Office CEOs most commonly earn $330,001– $396,000

      Apart from being a regional financial hub, Singapore has been solidifying its reputation as a premier wealth management hub in Asia over the years. According to data from the Monetary Authority of Singapore (MAS), the number of Family Office structures approved for tax incentives has increased (from 400 in 2020 to more than 2,000 by December 2024). This impressive growth reflects the manifold advantages that Singapore offers to ultra/high-net-worth individuals and Family Offices. One of the key drivers is Singapore's status as a gateway to the vast opportunities in Asia, making it an ideal platform for strategic diversification. The nation's strong rule of law, stable political environment, and efficient tax landscape are also widely praised. Singapore's commitment to high standards of law and an effective AML regime further reinforces its position as a safe haven for legitimate fund inflows, fostering a secure and transparent investment environment for investors. Its developed wealth management infrastructure and eco system also boosts its choice as a Family Office domicile/ satellite hub. Additionally, the high standard of living, excellent education system, and top-notch healthcare also make Singapore an attractive domicile for ultra-high-net worth individuals
      Pearlyn Chew
      Pearlyn Chew

      Partner, Real Estate & Asset Management, Tax and Family Offices & Private Clients

      KPMG in Singapore

      Professionalisation, progress and the push for governance

      One of the most significant developments is the increasing professionalization of Family Offices, with more Family Offices now established as standalone entities. This shift marks a broader movement toward enhanced governance and a deep understanding of the role of a Family Office. Wealth preservation was the most stated objective in the report and this signals a more strategic, long-term mindset, as families focus on safeguarding their capital for future generations rather than simply managing its day-to-day deployment.

      Governance practices have evolved considerably, with Family Offices enhancing the depth and quality of their committees and reporting.

      Does your Family Office have formalised governance?

      With fewer Family Offices operating within the structure of an active business, there is a broader trend towards professionalisation and the separation of personal and business assets.

      Macro economic concerns have triggered emphasis on appropriate diversification, managing liquidity and Investment governance.

      As the Family Office ecosystem matures, marked by growing professionalisation and more sophisticated needs, the search for candidates that can operate beyond their job descriptions, professionals who are resourceful and adaptable and can align with the values of the family and team, become an increasing focus in the recruitment process.

      The 2025 Global Family Office Compensation Benchmark Report

      To learn more about these trends and other key insights, download the report.

      Download the latest report

      Our people

      Teo Wee Hwee
      Teo Wee Hwee

      Partner, Co-Head of Real Estate, Tax and Head of Asset Management & Family Office

      KPMG in Singapore

      Pearlyn Chew
      Pearlyn Chew

      Partner, Real Estate & Asset Management, Tax and Family Office & Private Clients

      KPMG in Singapore

      Chiu Wu Hong
      Chiu Wu Hong

      Partner, Co-Head of IGH & Manufacturing, Tax and Head of Private Enterprise

      KPMG in Singapore

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