Family Office · Entry

Trust Assistant Salary

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

National Compensation Range

P25

$80,000

25th percentile

P50

$95,000

Median

P75

$115,000

75th percentile

CANDIDATE MARKET

Available

Scarcity: 3/10

EST. CANDIDATE POOL

150-350

Active candidates nationally

DEMAND TREND

Stable

2% year-over-year

RETENTION

2.5 yr avg tenure

22% annual turnover

Trust Assistant Salary by City

New York City, NY$135,000
San Francisco, CA$125,000
Palm Beach, FL$125,000
Boston, MA$120,000
Los Angeles, CA$115,000

Median (P50) adjusted for metro cost of labor.

Market Trends

Entry point to trust administration career path

Also Known As

Trust Operations Assistant, Trust Support Specialist, Junior Trust Assistant, Trust Coordinator

What Does a Trust Assistant Do?

The Trust Assistant operates within single-family or multi-family offices, working directly with principals, family members, and co-investment partners. Professionals in this role typically bring 1 to 4 years of relevant experience. Classified at the Entry level, this position draws from a available candidate pool, though specialized qualifications and sector-specific experience remain key differentiators in hiring.

What Drives Trust Assistant Compensation?

The median (P50) compensation for a Trust Assistant is $95,000, with the 25th to 75th percentile range spanning $80,000 to $115,000. 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.

Trust Assistant Career Path

Professionals who move into Trust Assistant 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 2.5 years, with an annual turnover rate of 22%.

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