The package for 62-year-old David Solomon includes a $2 million base salary and $29 million in variable compensation, with $20.3 million of that in the form of restricted stock units.
The move comes as individual investors hold about 50% of global assets under management—a figure that’s expected to rise to almost 70% by 2023,
Focus on the fundamentals.
Public equities dipped to 29% of the average total assets in family offices surveyed, down from 31% in 2020, according to KKR's Family Capital report.
Practitioners need to be aware of the tax consequences of Chief Counsel Memorandum 202352018.
Three experts provide answers to some common questions.
HNW clients need to start thinking about moving their assets.