Family offices, managing the wealth of the ultra-rich, are in a fierce competition with Wall Street for talent, driving up salaries for administrative staff. Executive assistants at these firms can now earn base salaries exceeding $140,000, significantly above the industry average of $81,500 for senior executive assistants. A survey by Botoff Consulting of 436 family offices revealed a median base salary of $100,048 for these roles. At family offices with assets over $2.5 billion, this median pay increases by about 35%. The top 10% of administrative assistants can make $188,800, with bonuses potentially pushing their total compensation to $240,000. These assistants often handle extensive responsibilities, from managing travel to coordinating household staff, and are expected to be highly adaptable and discreet.
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
