As the number of ultra-high-net-worth people swells, so too does the pay for those who oversee their assets.

C-suite pay at family offices is surging, according to a report by UBS and researcher Campden Wealth. The average base salary for a chief executive officer jumped almost 10% to $367,000 this year from 2016, while chief investment officers got an increase of 8% to $314,000.

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