Florida has gained more family offices than any other state in recent years, as families and investment firms moved from New York, Connecticut and the Midwest to Palm Beach, Miami, Naples and Boca Raton.
The family office landscape in Florida
Family offices in Florida are concentrated in and around:
Where family office candidates come from in Florida
Demand for experienced family office controllers in South Florida has grown faster than local supply, so many offices relocate staff from the Northeast or hire from Miami's private banks.
Across the state, accountants and auditors earn an average of $88,210, 7% below the US average of $94,750 and #25 of 51. Financial managers average $169,990, 9% below the US average of $186,910 (BLS Occupational Employment and Wage Statistics, May 2025). Family offices usually pay above these averages to win experienced people.
Family office salaries in Florida
| Role | Base salary in FL | Typical bonus |
|---|---|---|
| Family Office Controller | $165K–$230K | 15–25% |
| Family Office Accountant | $90K–$140K | 5–15% |
| Family Office Tax Manager | $140K–$200K | 10–20% |
| Family Office CFO | $285K–$455K | 25–50% |
| Family Office Chief of Staff | $140K–$240K | 15–30% |
| Family Office Operations Manager | $125K–$190K | 10–20% |
| Family Office Executive Assistant | $85K–$140K | 10–20% |
| Family Office Payroll Manager | $105K–$140K | 5–15% |
Our estimates for a single family office managing $250M–$1B, adjusted for Florida using BLS pay levels for accountants and financial managers (5% below the national midpoint). Try the salary calculator for other office sizes.
Taxes, trusts and the law in Florida
Florida has no state income tax and a strong homestead exemption, and many families establish Florida residency through a primary home and a family office here.
How Florida compares with nearby states
| State | Accountant avg. (BLS) | Financial manager avg. (BLS) | Family office controller (estimate) |
|---|---|---|---|
| Florida | $88,210 | $169,990 | $165K–$230K |
| Delaware | $97,930 | $203,890 | $180K–$250K |
| District of Columbia | $122,680 | $210,420 | $200K–$270K |
| Georgia | $93,640 | $182,920 | $175K–$240K |
| Maryland | $98,210 | $170,350 | $170K–$235K |
| North Carolina | $93,810 | $196,240 | $175K–$240K |
| South Carolina | $85,390 | $160,800 | $165K–$225K |
| Virginia | $100,660 | $199,320 | $180K–$250K |
| West Virginia | $78,020 | $127,910 | $150K–$205K |
What this means for hiring in Florida
Accountant pay in Florida sits mid-pack nationally (#25 of 51). A family office that offers a clearly defined role, a meaningful bonus and some flexibility can stand out against corporate employers here. No state tax on wages is a real recruiting advantage: someone moving from New York or California keeps noticeably more of the same salary in Florida. With several metro areas to draw from, most staff-level searches in Florida can be filled locally; senior roles still benefit from a confidential, recruiter-led search.
Family office questions for Florida
Why are family offices moving to Florida?
Florida has no state income tax, and Palm Beach, Miami and Naples have become hubs for families and investment firms relocating from the Northeast.
How much do family office jobs pay in Florida?
We estimate a family office controller in Florida earns about $165K–$230K base and an accountant about $90K–$140K. For context, accountants and auditors in Florida earn an average of $88,210 across all employers, 7% below the US average (BLS, May 2025).
Where are family offices in Florida?
Mostly around Miami, Palm Beach, Naples.
Does Florida have a state income tax on wages?
No. Florida has no state income tax and a strong homestead exemption, and many families establish Florida residency through a primary home and a family office here.