The $9.5T Opportunity: Why Fractional Staffing Outperforms Full-Time for UHNW Families
By 2030, family office assets under management (AUM) are projected to reach $5.4 trillion 1. Despite this growth, 63% of UHNW family offices still struggle with budget overruns—often due to the hidden costs of full-time hires 1. At Tutti, we believe in a smarter way: fractional staffing solutions that deliver elite expertise without the financial baggage of traditional employment.
The Hidden Costs of Full-Time Staffing
Full-time estate managers and executive assistants are essential—until you see the numbers.
Annual salary and benefits: $89K+ for many roles, with top-tier estate managers commanding $450K+ when you factor in benefits, onboarding, and idle time 2 3.
Onboarding expenses: Up to $120K in recruitment, training, and integration for specialized positions 3.
Idle hours: Nearly 30% of full-time staff hours go unused annually, adding up to $258K in lost value for high-end households 3.
Why Fractional Staffing Wins for UHNW Families
Tutti’s fractional staffing model is revolutionizing how UHNW families and family offices manage their operations:
Immediate ROI: Pay $8K–$15K/month for on-demand operational support, versus $89K+ in annual salaries and benefits 2 3.
Zero downtime costs: Only pay for active project hours—no wasted resources, no idle payroll 4.
Scalability: Adjust support from 10–30 hours/week as needs shift, ensuring flexibility for seasonal demands or special projects 5.
Real-World Impact: How Fractional Support Transforms UHNW Operations
Imagine having access to a global network of elite professionals—specialists in luxury relocation, art logistics, and executive assistance—without the overhead of full-time hires. This is the power of fractional staffing:
Seamless integration: Our experts embed into your workflow, adopting your protocols and protecting your privacy.
Cost efficiency: Redirect savings toward strategic initiatives, philanthropic goals, or simply enjoying the lifestyle you’ve worked so hard to build.
Peace of mind: Know that every detail—from high-value asset transitions to complex event planning—is handled with the utmost discretion and professionalism.
The Future of Family Office Staffing
The UHNW landscape is evolving, and so are the solutions. Fractional staffing isn’t just a trend—it’s a strategic advantage for families and their advisors who demand flexibility, expertise, and value.
Citations:
1 BlackRock’s Global Expansion (LinkedIn)
2 Family Office Manager Salaries (Household Staff Agency)
3 The Rise of Fractional Executives (APSG Talent)
4 Fractional Management in Enterprises (Revenue Nomad)