Family Office Exchange, the membership organization for family offices and advisors, has launched two benchmarking studies to gauge how things stand at single and multi-family offices.

The studies will aim to cover a large sample group of both types of family offices and provide reliable insights into operational, staffing, cost, compensation, and pricing factors at these firms, FOX said.

The FOX Single Family Office Benchmarking study, which has been carried out since 1991, will specifically look at family office services, investment results, staffing, costs and compensation. It is open to member firms and “qualified membership prospects,” the organization said. BNY Mellon, as a member, is also inviting its qualified family office clients to participate and all respondents will receive detailed results from the study.

Meanwhile, the MFO benchmarking study is a new product from FOX, aimed at examining wealth advisors working with ultra-wealthy families in the “growing” MFO industry. It is also open to member firms, as well as “qualified” non-members.

The secure survey site will be active until September 4, 2012.