The firm has argued that reliable compensation data, when paired with expert consultants who understand the family office landscape, becomes a powerful strategic tool. Botoff Consulting is embarked on a new survey of the territory.

Botoff Consulting, which tracks compensation trends for family offices and advisors serving ultra-high net worth clients, has launched a survey that it hopes will shine more light on this sector.

The survey has been built for multi-family offices and registered investment advisors serving UHNW clients. 

Talent management and compensation are crucial and interrelated topics for the North American wealth management field – and beyond. This news service has spoken over the years to Botoff Consulting about these topics. 

Since 2019, the number of family offices has increased by nearly a third to more than 8,000 since 2019, according to Deloitte. That sharpens competition for top-tier talent. In an increasingly crowded landscape, compensation packages have become a critical strategic tool to attract and retain bespoke family teams. That makes accurate data on compensation all the more important.

For firms aiming to get involved in the survey, they can go here. 

Botoff is also due to issue its flagship 2026 single family office compensation report, soon, the firm has told Family Wealth Report. 

To see a previous interview with Botoff Consulting founder and principal, Trish Botoff (main picture), about its work, see here.