In building out our understanding of common family office pain points (yes, even though many family offices like to be seen in a league of their own, there are clear commonalities at specific stages in their formation and evolution), finding and retaining top talent has repeatedly come up as one family offices face at almost every stage.
And one aspect in particular continually piques the interest of industry insiders: compensation. It’s not merely a topic of conversation, but a labyrinth of complexities influenced by multiple vectors, from investor involvement to market performance. It’s a matter not just of figures, but also of philosophies.
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