With the rise of ultra-high-net-worth individuals in recent years, family offices have become increasingly popular wealth management vehicles. As specialized investment firms serving wealthy families, family offices hire professionals including investment analysts to manage portfolios. So what’s the typical family office investment analyst salary? Let’s take a look.
Base salary for junior analysts ranges $70k – $150k
For junior investment analysts just out of college or with 1-2 years of experience, base salaries at family offices typically range from $70,000 to $150,000. At the lower end, analysts right out of undergrad may start around $70k – $90k. With a few years under their belt, base compensation often jumps to $100k – $150k. Bonuses and carried interest can boost total comp considerably.
Mid-level analysts earn $150k – $250k base pay
For mid-career investment analysts with around 3-6 years of experience, base salaries usually fall in the range of $150,000 – $250,000. At smaller family offices, pay is often on the lower end closer to $150k. Larger multi-family offices and those serving ultra-high-net-worth clients may pay up to $250k base compensation for intermediate analysts.
Senior analysts make $200k+ base, $300k+ total
With 6-10 years of investment analysis experience, senior-level analysts at family offices can command base salaries of $200,000 or more. Bonuses and carried interest can bring total compensation to $300,000 and up. At prestigious, multi-billion-dollar family offices like the CICC or Rockefeller family offices, senior analysts may earn $500k+ in total compensation.
Pay rises with assets under management
In general, family office pay tends to correlate with assets under management (AUM). The larger the AUM, the more the family office can afford to pay its investment professionals. Analysts at small family offices managing under $100 million may top out around $200k total compensation. But at jumbo family offices handling over $1 billion in assets, senior analysts can earn $500k+.
Carried interest boosts pay at performance-based offices
Many family offices also award performance-based carried interest, which allows analysts to share directly in the profits from their investment decisions. Carried interest vesting schedules and percentages vary by firm, but this can significantly increase an analyst’s earnings beyond the base salary. So it pays to look for family offices with proven investment track records.
For junior to senior investment analysts at family offices, base salaries typically range from $70,000 to over $200,000. Large family offices and those with performance-based carried interest can boost total compensation to several hundred thousand dollars, especially for experienced analysts.