Hi I recently started a LO Family Office after 3 years of SS ER (post uni). Would love to hear how comp stacks up relative to others across LO funds. Base sits at 150k with bonus hopefully between 25-75%. Any color would be much appreciated. Happy to discus more below. Thanks!
| +37 | Q&A | Research Associate, Long-Only | (0 years in DCM/IB/consulting) | 14 | 3d |
| +17 | Working for Endowment? | 8 | 3w |
| +14 | Early career insurance AM - should I just thug it out? | 3 | 2w |
| +8 | Bridgepoint Acq Kayne Anderson RE | 2 | 3w |
| +7 | CPP Early Investor Program (Summer 2027) Check | 6 | 1d |
| +6 | MBB to Banking Career | 1 | 3w |
| +6 | Goldman Sachs Operations? | 1 | 3w |
| +3 | Headhunters - Europe | 1 | 12h |
| +3 | ARES - culture, WLB | 1 | 1d |
| +1 | Dodge & Cox perception, reputation in industry the industry? | 4 | 2d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Based on the most helpful WSO content, compensation in a Family Office can be quite diverse compared to a traditional fund. While your base and bonus compensation might be comparable or even lower than a similarly sized fund, there are often "extras" that can make up for this in the long run.
These extras can include profit sharing from the entire portfolio, co-invest opportunities, carried interest in deals you work on, phantom equity, pension, and other deferred compensation plans. In some cases, the family might even offer a sizable loan to invest in deals they are investing in.
So, while your base sits at 150k with a bonus between 25-75%, remember to consider these additional benefits when comparing your compensation to others. They can significantly boost your overall compensation package over time.
Remember, the goal in a Family Office is to align your interests with the family's, so your compensation structure should reflect that.
Sources: Family Office vs. Traditional LP Career Path, L/S vs LO from a non-monetary perspective, Compensation Structure At Quant VS Fundamental Funds
Magnam aut sit eum et possimus culpa est. Fugit iusto mollitia est rerum in temporibus fuga. Neque ullam maxime sit. Ut ipsa placeat voluptas non. Modi quam qui ea rerum qui. Rerum dolorem molestias nihil ut autem mollitia. Veniam reiciendis rem magni nihil facere minus.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...