Family Office · Senior · 8 to 12 years typical
Insurance & Risk Advisor (FO) Salary
Annual base compensation, national and by market, from 257 named sources. Every figure below says where it came from.
| Market | Multiplier | P25 | P50 | P75 | P90 |
|---|---|---|---|---|---|
| New York City, NY | 1.40× | $170,000 | $245,000 | $350,000 | $455,000 |
| San Francisco, CA | 1.30× | $155,000 | $230,000 | $325,000 | $425,000 |
| Boston, MA | 1.25× | $150,000 | $220,000 | $315,000 | $405,000 |
| Palm Beach, FL | 1.25× | $150,000 | $220,000 | $315,000 | $405,000 |
| Miami, FL | 1.23× | $145,000 | $215,000 | $305,000 | $400,000 |
| Los Angeles, CA | 1.20× | $145,000 | $210,000 | $300,000 | $390,000 |
| Washington, DC | 1.20× | $145,000 | $210,000 | $300,000 | $390,000 |
| Seattle, WA | 1.15× | $140,000 | $200,000 | $290,000 | $375,000 |
| Chicago, IL | 1.05× | $125,000 | $185,000 | $265,000 | $340,000 |
| Dallas, TX | 1.00× | $120,000 | $175,000 | $250,000 | $325,000 |
Time to fill 14 weeks for comparable searches, estimated from rouka's benchmark set.
Growing as UHNW risk profiles become more complex; cyber insurance expertise emerging
What does an Insurance & Risk Advisor (FO) do?
The Insurance & Risk Advisor (FO) operates within single-family or multi-family offices, working directly with principals, family members, and co-investment partners. Professionals in this role typically bring 8 to 12 years of relevant experience. Classified at the Senior level, this position draws from a tight candidate market with an estimated pool of 50-110 qualified professionals, making targeted sourcing and competitive compensation critical for successful placements.
What drives Insurance & Risk Advisor (FO) compensation?
The median (P50) compensation for an Insurance & Risk Advisor (FO) is $175,000, with the 25th to 75th percentile range spanning $120,000 to $250,000. The 74% spread between P25 and P75 reflects significant pay variation 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.
Insurance & Risk Advisor (FO) career path
Professionals who move into Insurance & Risk Advisor (FO) 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 5 years, with an annual turnover rate of 10%.
Hiring an Insurance & Risk Advisor (FO)?
A search playbook for this seat: compensation positioning against the band above, the sourcing map, and the interview framework.