Family Office · Senior

Controller Salary

Compensation benchmarks from 255 verified sources including industry surveys, published reports, and market intelligence.

National Compensation Range

P25

$165,000

25th percentile

P50

$195,000

Median

P75

$225,000

75th percentile

CANDIDATE MARKET

Tight

Scarcity: 5.5/10

EST. CANDIDATE POOL

403-865

Active candidates nationally

DEMAND TREND

Stable

4% year-over-year

RETENTION

3.7 yr avg tenure

19% annual turnover

Controller Salary by City

New York City, NY$270,000
San Francisco, CA$250,000
Palm Beach, FL$250,000
Boston, MA$245,000
Los Angeles, CA$235,000

Median (P50) adjusted for metro cost of labor.

Market Trends

Multi-entity consolidation and alternative investment accounting driving complexity

Also Known As

FO Controller, Family Office Controller, Financial Controller (FO), Controller (Private Family)

What Does a Controller Do?

The Controller operates within single-family or multi-family offices, working directly with principals, family members, and co-investment partners. Professionals in this role typically bring 9 to 18 years of relevant experience. Classified at the Senior level, this position draws from a tight candidate market with an estimated pool of 403-865 qualified professionals, making targeted sourcing and competitive compensation critical for successful placements.

What Drives Controller Compensation?

The median (P50) compensation for a Controller is $195,000, with the 25th to 75th percentile range spanning $165,000 to $225,000. Pay variation across this range is primarily driven by assets under management, family office structure (single vs. multi-family), investment strategy complexity, geographic market, and whether the office manages direct investments or outsources to external managers. Demand is holding stable, with compensation levels expected to track broader market adjustments.

Controller Career Path

Professionals who move into Controller roles most commonly come from institutional asset management, private banking, wealth management, accounting firms, or corporate finance. From this position, the typical trajectory leads toward chief investment officer roles, family office CEO positions, or founding their own advisory practice. The average tenure in this role is approximately 3.7 years, with an annual turnover rate of 19%.

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