Family offices are offering new incentive plans to top executives, boosting pay. Majority now use long-term incentive compensation plans tied to performance and investment returns. CEO median pay at investment-focused family offices is $825,000, rising to over $3 million for firms with $1 billion+ in assets. CIO median pay is $900,000.

Co-investments are popular incentives, allowing executives to invest alongside the family in deals. Participants fund 85% of co-investments. Other common incentives include carried interest, phantom equity, profit sharing, and deferred incentive plans. Family offices aim to attract specialized professionals to execute their vision and strategy in a competitive talent market.

Read more at CNBC: Battle for talent at family offices boosts incentive plans and pay