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ファミリーオフィスの市場:タイプ別(シングルファミリーオフィス、マルチファミリーオフィス、バーチャルファミリーオフィス)、オフィスタイプ別(創業者オフィス、多世代オフィス、投資オフィス、受託オフィス、コンプライアンスオフィス、フィランソロピーオフィス、株主オフィス、その他)、資産クラス別(債券、株式、オルタナティブ投資、コモディティ、現金または現金同等物)、サービスタイプ別(ファイナンシャルプランニング、戦略、ガバナンス、アドバイザリー、その他)、地域別 2024-2032


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世界のファミリーオフィス市場規模は2023年に197億米ドルに達した。今後、IMARC Groupは、2032年までに293億米ドルに達し、2024年から2032年の間に4.37%の成長率(CAGR)を示すと予測している。オーダーメイドの... もっと見る

 

 

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世界のファミリーオフィス市場規模は2023年に197億米ドルに達した。今後、IMARC Groupは、2032年までに293億米ドルに達し、2024年から2032年の間に4.37%の成長率(CAGR)を示すと予測している。オーダーメイドの資産管理システムを求める富裕層による導入の拡大、効率的かつ戦略的な意思決定を可能にする継続的な技術進歩、社会的責任投資や慈善活動への関心の高まりなどが、市場を後押しする要因の一部となっている。

ファミリー・オフィスは、富裕層の個人または家族の投資と富を管理するプライベート・ファームである。投資管理、遺産計画、税務アドバイザリー、慈善活動のコーディネートなど、包括的なサービスを提供するファミリー・オフィスは、富裕層の複雑な財務ニーズを管理するために設計されている。ファミリー・オフィスは、一家族のニーズに応えるシングル・ファミリー・オフィス(SFO)と、複数の家族にサービスを提供するマルチ・ファミリー・オフィス(MFO)に分類される。マルチ・ファミリー・オフィスは、一家の財務目標、嗜好、価値観が投資戦略やプランニングに反映されるよう、オーダーメイドのアプローチで機能する。様々な金融分野を統合し、家族の長期的な目標と一致させることで、ファミリー・オフィスは伝統的な資産管理を超えた独自のソリューションを提供することができる。

世界市場の主な原動力は、個別化された資産管理ソリューションを求める富裕層の増加である。これに伴い、投資管理、税務計画、財産調整を含む金融サービスへの統合的なアプローチを望む声が、市場に弾みをつけている。さらに、世代を超えて家族の財産を守ることが重視されるようになり、専門的なアドバイザリー・サービスに対するニーズが高まっていることも、市場の成長を促す大きな要因となっている。これに加えて、社会的責任投資や個別化された財務戦略に対する富裕層の嗜好が進化していることも、市場にプラスの影響を与えている。これに加えて、高度な投資分析とレポーティングを可能にする技術の進歩が著しく、市場に有利な機会を生み出している。これとは別に、様々な金融商品へのアクセスのしやすさ、富裕層のニーズに沿った規制の導入、資産運用戦略における慈善活動の統合などが市場を後押ししている。

ファミリーオフィスの市場動向/促進要因
富裕層による導入の増加

世界のファミリーオフィス市場は、富裕層やファミリー層による導入の増加によって大きく形成されている。富の継続的な増大は、その本質的な複雑さと相まって、多面的な金融ニーズに対応できる専門会社を必要としている。ファミリー・オフィスは、投資、遺産計画、慈善活動などを網羅するテーラーメイドのサービスを通じて、富の管理に統合的なソリューションを提供している。個々の家族の目的や価値観に沿ったオーダーメイドの戦略を構築する能力は、富裕層の間でその魅力を高めている。長期的な安定と成長に焦点を当てた金融専門家や金融機関との連携は、ファミリー・オフィスの活用をさらに促進する。さらに、世代を超えた富の保全とグローバルな金融トレンドへの適応を重視することで、ファミリー・オフィスの魅力はさらに高まっている。世界的な富の継続的な拡大に伴い、このような専門的なサービスに対する需要は今後も堅調に推移することが予想されるため、ファミリーオフィスに対する持続的な関心が高まり、市場の成長に大きく貢献することになる。

絶え間ない技術の進歩

ファミリー・オフィス市場は、投資分析、包括的なレポーティング、シームレスなデジタル体験に焦点を当てた技術の進歩によって大きく刺激されている。最先端のテクノロジーは、こうした専門性の高い企業にリアルタイムの知見を提供し、複雑なプロセスを自動化し、全体的な顧客体験を向上させることを可能にしている。こうした進化は単なる効率化にとどまらず、富裕層のダイナミックなニーズに合致した、より多くの情報に基づいた戦略的な意思決定を可能にする。人工知能や機械学習といったテクノロジーの統合は、サービスの幅をさらに広げ、このセクターにおけるイノベーションと適応性を促進する。顧客の嗜好、規制遵守、グローバルな市場動向に合わせてテクノロジーを活用する能力は、市場の展望を形成する上で極めて重要な役割を果たしている。ウェルス・マネジメントにおけるテクノロジーの統合が進化を続ける中、ファミリー・オフィス市場に与えるその影響力は、今後も相当なものであろう。

社会的責任投資と慈善活動への注力の強化

ファミリー・オフィス市場の成長の原動力は、社会的責任投資(SRI)や慈善活動への関心の高まりにもある。富裕層は、社会的、環境的、倫理的価値観に沿った投資を行っており、これは富の責任あるスチュワードシップに向けた社会全体のシフトを反映している。ファミリー・オフィスのユニークなポジショニングは、こうした目的主導型の戦略を理解し、実行することで、投資を通じて意味のあるインパクトを求める顧客を惹きつけている。これには、持続可能性、倫理的ガバナンス、地域開発などに焦点を当てたイニシアチブが含まれる。さらに、投資ポートフォリオにフィランソロピーの目標を組み込むことで、ウェルスマネジメントに社会貢献の側面が加わる。このトレンドは、透明性、説明責任、ポジティブ・インパクトを求める世界的な動きと共鳴し、ファミリー・オフィスの価値提案を強化するものである。このような世界的な感情に沿い、インパクトのある投資のためのプラットフォームを提供することで、ファミリー・オフィスは市場における役割を確固たるものとし、その継続的な成長に貢献している。

ファミリーオフィスの業界セグメンテーション
IMARC Groupは、世界のファミリーオフィス市場レポートの各セグメントにおける主要動向の分析と、2024年から2032年までの世界、地域、国レベルでの予測を提供しています。当レポートでは、タイプ、オフィスタイプ、資産クラス、サービスタイプに基づいて市場を分類しています。

タイプ別内訳

シングルファミリーオフィス
マルチファミリーオフィス
バーチャル・ファミリー・オフィス

シングルファミリーオフィスが最大の市場セグメント

本レポートでは、市場をタイプ別に詳細に分類・分析している。これには、シングル・ファミリー・オフィス、マルチ・ファミリー・オフィス、バーチャル・ファミリー・オフィスが含まれる。同レポートによると、シングル・ファミリーオフィスが最大のセグメントを占めている。

シングルファミリーオフィスのセグメントは、パーソナライズされた財務管理の需要と特定の家族の富に集中する必要性によって駆動される。一族の価値観や目標に沿ったオーダーメイドの投資戦略や財産設計とともに、管理性や機密性への欲求が重要な役割を果たしている。さらに、単一のファミリー・オフィス・モデルは、税金の最適化、法律問題、慈善活動、後継者計画など、様々な財務上のニーズを管理するための統一されたアプローチを提供し、一族の財務上の軌道の全体的な結束と方向性を強化する。

一方、マルチ・ファミリー・オフィスやバーチャル・ファミリー・オフィスは、費用対効果、スケールメリット、共有専門知識へのアクセスなどの理由から、人気を集めている。バーチャル・プラットフォームは柔軟性と接続性を高め、マルチ・ファミリーの構造はカスタマイズされたサービスを犠牲にすることなくリソースの共有を可能にする。マルチファミリーアプローチとバーチャル機能の融合は、投資機会や専門家によるアドバイスにおいて、ファミリーにより大きなリーチを提供する。また、コラボレーションと効率性を促進し、家族メンバーのニーズや嗜好の変化に対応することで、より幅広い顧客層にアピールすることができる。

オフィスタイプ別内訳

創業者オフィス
多世代オフィス
投資オフィス
トラスティ・オフィス
コンプライアンス・オフィス
フィランソロピー・オフィス
株主オフィス
その他

本レポートでは、オフィスのタイプ別に市場を詳細に分類・分析している。これには、創業者オフィス、多世代オフィス、投資オフィス、受託オフィス、コンプライアンス・オフィス、フィランソロピー・オフィス、株主オフィス、その他が含まれる。

創業者オフィス・セグメントは、創業者が生み出した富を管理・保全する必要性から影響を受けている。このセグメントを牽引する要因としては、個別化された資産管理戦略、長期的な事業目標との整合性、後継者育成への注力などが挙げられる。

一方、多世代オフィスは、世代を超えて富を維持し、家族の価値観や目標を共有する必要性に駆られている。家族の結束力を育み、若い世代に教育を提供し、富の移行戦略を実施することで、家族のファイナンシャル・プランニングに不可欠な役割を果たす。

投資オフィス部門は、投資の戦略的管理を優先する。このセグメントの原動力は、様々な資産クラスにおける専門知識の必要性、リスク管理の重視、家族の長期的な財務目標と投資戦略の整合性などである。

信託管理オフィスは、信託管理と受託者責任の需要に基づいて運営されている。法令遵守の確保、資産の保護、透明性の維持は、このセグメントの成長に寄与する重要な要素である。

コンプライアンス・オフィス部門は、規制要件の複雑化によって牽引されている。法令遵守の徹底、倫理基準の維持、継続的なモニタリングによるリスク管理は、このセグメントの重要な要素である。

フィランソロピー・オフィスは、一族の社会貢献への意欲に支えられている。慈善活動を家族の価値観に合致させ、慈善活動の戦略を確立し、慈善信託や財団を効果的に管理する必要性に駆られている。

さらに、株主オフィスは、同族株主間の関係やコミュニケーションの管理に重点を置いている。この部門は、透明性の必要性、ファミリーの価値観や目標との整合性、株主間の合意や期待の管理の必要性などを原動力としている。

資産クラス別内訳

債券
株式
オルタナティブ投資
コモディティ
現金または現金同等物

本レポートでは、アセットクラスに基づく市場の詳細な分類と分析を行った。これには債券、株式、オルタナティブ投資、コモディティ、現金または現金同等物が含まれる。

債券部門は、金利変動、発行体の信用リスク、インフレ期待、経済環境全般などの要因によって左右される。債券投資家は通常、安定性と予測可能な収益を求めるため、不透明な市場において債券は魅力的である。債券のデュレーションと利回りは、様々な投資戦略に適している。

一方、株式は企業業績、マクロ経済動向、市場センチメント、規制変更の影響を受ける。個別企業の業績、業界の動向、全体的な経済成長は、株価を決定する上で重要な役割を果たす。投資家は、潜在的な資本増価を期待して株式に投資することが多く、リスク管理のためにセクターを分散することもある。

また、オルタナティブ投資は、伝統的な市場とは相関のないリターンの追求、ポートフォリオの分散、市場のボラティリティに対するヘッジが原動力となっている。このセグメントには、ヘッジファンド、プライベート・エクイティ、不動産などの投資が含まれ、それぞれ独自の推進要因を持っている。市場の非効率性、経営者の専門知識、特殊な投資戦略は、オルタナティブ投資に機会を提供する可能性がある。

さらに、コモディティは需給ダイナミックス、地政学的イベント、経済情勢、為替レートの影響を受ける。天候パターン、技術の進歩、政府の政策などの要因は、農産物やエネルギー資源のような特定のコモディティに影響を与える可能性がある。コモディティは分散投資効果をもたらし、インフレヘッジとして機能することもある。投資家は、短期的な値動きや長期的なトレンドを利用するためにコモディティを利用する。

さらに、現金または現金同等物は、流動性、リスク管理、資本保全の必要性によって動かされる。金利動向、銀行規制、全体的な経済安定性は、この投資カテゴリーに影響を与える重要な要因である。投資家は、市場の不確実性が高い時期に、現金または現金同等物に投資することがある。現金または現金同等物を保有することで、投資機会に対する柔軟性と迅速な対応が可能になる。

サービスタイプ別内訳:

ファイナンシャル・プランニング
戦略
ガバナンス
アドバイザリー
その他

ファイナンシャル・プランニングがシェアの大半を占める

本レポートでは、サービスタイプ別に市場を詳細に分類・分析している。これには、ファイナンシャルプランニング、戦略、ガバナンス、アドバイザリー、その他が含まれる。レポートによると、ファイナンシャル・プランニングが最大のセグメントを占めている。

ファイナンシャル・プランニング分野は、予算編成、リスク管理、税務計画、退職金計画などの包括的なニーズによって推進されている。経済的な幸福に対する総合的なアプローチと、短期的・長期的な家族の目標との整合性が、このセグメントの主要な推進力となっている。これらの要素を統合することで、より強固で柔軟な財務戦略が可能となり、家族の特定のニーズや嗜好に対応し、財務状況の安定と成長を促進することができる。

一方、戦略・ガバナンス・アドバイザリー・セグメントは、長期的なプランニング、ガバナンス構造、専門的なアドバイスに重点を置く。その原動力となるのは、家族の価値観との戦略的整合性の必要性、一貫性を確保するためのガバナンス・フレームワークの導入、複雑な財務上の意思決定に対する専門家のアドバイスへのアクセスなどである。さらに、これらの要素が連携することで、家族の資産管理への一貫したアプローチが確保され、それによって財務戦略の有効性が高まり、将来の世代のための強固な基盤が提供される。

地域別内訳

北米
米国
カナダ
アジア太平洋
中国
日本
インド
韓国
オーストラリア
インドネシア
その他
ヨーロッパ
ドイツ
フランス
イギリス
イタリア
スペイン
ロシア
その他
ラテンアメリカ
ブラジル
メキシコ
その他
中東・アフリカ

北米が圧倒的な優位性を示し、ファミリーオフィス市場の最大シェアを占める

本レポートでは、北米(米国、カナダ)、アジア太平洋(中国、日本、インド、韓国、オーストラリア、インドネシア、その他)、欧州(ドイツ、フランス、英国、イタリア、スペイン、ロシア、その他)、中南米(ブラジル、メキシコ、その他)、中東・アフリカの主要地域市場についても包括的に分析している。報告書によると、北米が最大の市場シェアを占めている。

北米地域の市場は、強固な金融インフラ、規制環境、経済政策、技術進歩の影響を受けている。富の集中、起業家の成長、安定した政治体制は、ファミリーオフィスにとってこの地域の魅力に貢献している。投資の嗜好、税制、富裕層に合わせた専門的サービスの利用可能性なども、その要因のひとつである。

洗練された投資環境は、債券や株式といった伝統的な投資対象から、テクノロジーや持続可能性といった革新的なセクターまで、資産クラスを超えた投資機会を提供している。北米のファミリー・オフィスのアプローチは、文化的要因や地域の投資哲学によっても形成される。投資判断に社会的責任や倫理的配慮を取り入れることは、この地域でますます重要になってきている。この地域の多様でダイナミックな経済は、ファミリー・オフィスが投資成果を最適化するためにナビゲートしなければならない多くの機会と課題を提供している。

競争環境:
市場の主要プレーヤーは、継続的な成長を確保するために様々な戦略に取り組んでいる。個々の顧客のユニークなニーズに応えるため、サービスの個別化・カスタマイズ化を重視している。テクノロジーとデジタル・プラットフォームの導入は、資産と投資の効率的な運用を可能にし、データに基づく洞察を提供する上で重要な役割を果たしている。多くのファミリー・オフィスは、従来の資産管理だけでなく、法律、教育、慈善活動、ライフスタイルの管理など、サービスを拡大している。また、様々な分野の専門企業とのコラボレーションやパートナーシップも一般的で、顧客が利用できる専門知識の幅を広げている。さらに、持続可能性や責任投資への関心の高まりは、現代の価値観と共鳴し、新たな顧客層を惹きつけている。

本レポートでは、市場の競争環境について包括的な分析を行った。主要企業の詳細なプロフィールも掲載している。市場の主要企業には以下のようなものがある:

BMOファイナンシャルグループ
ケンブリッジ・アソシエイツLLC
シティグループ
HSBCプライベート・バンキング(HSBC Holdings plc)
ノーザン・トラスト・コーポレーション
シルバークレスト・アセット・マネジメント・グループ
ストーンヘッジ・フレミング・ファミリー&パートナーズ・リミテッド
バンク・オブ・ニューヨーク・メロン・コーポレーション
ザ・ベッセマー・グループ・インコーポレーテッド
ザ・グレンメデ・コーポレーション
UBSグループAG
ウェルズ・ファーゴ・アンド・カンパニー

最近の動き
2023年8月、BMOフィナンシャル・グループは、2028年10月5日を償還期限とする850,000,000米ドル の4.338%劣後債を、2023年10月5日の償還日に、元本の100%に未払い利息を加えた価格で全額償還する意向を発表した。この償還は金融機 関監督局の承認を得ており、償還日から利息の発生は停止され、関連証書に従って債券所持人に通知が行われる。
2023年3月、世界的な投資会社ケンブリッジ・アソシエイツは、多様な運用会社への投資を目標より3年早く倍増させるという目標を達成したと発表した。多様な運用会社とは、女性や有色人種が33%以上所有する会社と定義される。
2023年8月、シティグループ・インクは、香港やシンガポールを含むアジアのシティ・プライベート・バンクの顧客を特にターゲットとしたULTIMAマスターカードクレジットカードを導入した。この招待制のカードは、今年上半期のシンガポールでの2019年比56%増、香港での36%増の支出を反映しており、主にショッピング、ダイニング、旅行カテゴリーでの支出が増加しています。

本レポートで扱う主な質問
1.世界のファミリーオフィス市場の規模は?
2.2024年から2032年にかけての世界のファミリーオフィス市場の予想成長率は?
3.世界のファミリーオフィス市場を牽引する主な要因は?
4.COVID-19が世界のファミリーオフィス市場に与えた影響は?
5.世界のファミリーオフィス市場のタイプ別内訳は?
6.世界のファミリーオフィス市場のサービスタイプ別内訳は?
7.ファミリーオフィスの世界市場における主要地域は?
8.世界のファミリーオフィス市場における主要プレイヤー/企業は?

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目次

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Family Offices Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Single Family Office
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Multi-Family Office
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Virtual Family Office
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Office Type
7.1 Founders’ Office
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Multi-Generational Office
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Investment Office
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Trustee Office
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Compliance Office
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Philanthropy Office
7.6.1 Market Trends
7.6.2 Market Forecast
7.7 Shareholder’s Office
7.7.1 Market Trends
7.7.2 Market Forecast
7.8 Others
7.8.1 Market Trends
7.8.2 Market Forecast
8 Market Breakup by Asset Class
8.1 Bonds
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Equities
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Alternative Investments
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Commodities
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Cash or Cash Equivalents
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Service Type
9.1 Financial Planning
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Strategy
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Governance
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Advisory
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Others
9.5.1 Market Trends
9.5.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 Drivers, Restraints, and Opportunities
11.1 Overview
11.2 Drivers
11.3 Restraints
11.4 Opportunities
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 BMO Financial Group
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.1.4 SWOT Analysis
15.3.2 Cambridge Associates LLC
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.3 Citigroup Inc.
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.3.4 SWOT Analysis
15.3.4 HSBC Private Banking (HSBC Holdings plc)
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.5 Northern Trust Corporation
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.5.4 SWOT Analysis
15.3.6 Silvercrest Asset Management Group Inc.
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.7 Stonehage Fleming Family & Partners Limited
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.8 The Bank of New York Mellon Corporation
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Financials
15.3.8.4 SWOT Analysis
15.3.9 The Bessemer Group Incorporated
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.10 The Glenmede Corporation
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.11 UBS Group AG
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
15.3.12 Wells Fargo & Company
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
15.3.12.3 Financials
15.3.12.4 SWOT Analysis

List of Figures
Figure 1: Global: Family Offices Market: Major Drivers and Challenges
Figure 2: Global: Family Offices Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Family Offices Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Family Offices Market: Breakup by Type (in %), 2023
Figure 5: Global: Family Offices Market: Breakup by Office Type (in %), 2023
Figure 6: Global: Family Offices Market: Breakup by Asset Class (in %), 2023
Figure 7: Global: Family Offices Market: Breakup by Service Type (in %), 2023
Figure 8: Global: Family Offices Market: Breakup by Region (in %), 2023
Figure 9: Global: Family Offices (Single Family Office) Market: Sales Value (in Million US$), 2018 & 2023
Figure 10: Global: Family Offices (Single Family Office) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 11: Global: Family Offices (Multi-Family Office) Market: Sales Value (in Million US$), 2018 & 2023
Figure 12: Global: Family Offices (Multi-Family Office) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 13: Global: Family Offices (Virtual Family Office) Market: Sales Value (in Million US$), 2018 & 2023
Figure 14: Global: Family Offices (Virtual Family Office) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 15: Global: Family Offices (Founders’ Office) Market: Sales Value (in Million US$), 2018 & 2023
Figure 16: Global: Family Offices (Founders’ Office) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 17: Global: Family Offices (Multi-Generational Office) Market: Sales Value (in Million US$), 2018 & 2023
Figure 18: Global: Family Offices (Multi-Generational Office) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 19: Global: Family Offices (Investment Office) Market: Sales Value (in Million US$), 2018 & 2023
Figure 20: Global: Family Offices (Investment Office) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 21: Global: Family Offices (Trustee Office) Market: Sales Value (in Million US$), 2018 & 2023
Figure 22: Global: Family Offices (Trustee Office) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 23: Global: Family Offices (Compliance Office) Market: Sales Value (in Million US$), 2018 & 2023
Figure 24: Global: Family Offices (Compliance Office) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 25: Global: Family Offices (Philanthropy Office) Market: Sales Value (in Million US$), 2018 & 2023
Figure 26: Global: Family Offices (Philanthropy Office) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 27: Global: Family Offices (Shareholder’s Office) Market: Sales Value (in Million US$), 2018 & 2023
Figure 28: Global: Family Offices (Shareholder’s Office) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 29: Global: Family Offices (Other Office Types) Market: Sales Value (in Million US$), 2018 & 2023
Figure 30: Global: Family Offices (Other Office Types) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 31: Global: Family Offices (Bonds) Market: Sales Value (in Million US$), 2018 & 2023
Figure 32: Global: Family Offices (Bonds) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 33: Global: Family Offices (Equities) Market: Sales Value (in Million US$), 2018 & 2023
Figure 34: Global: Family Offices (Equities) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 35: Global: Family Offices (Alternative Investments) Market: Sales Value (in Million US$), 2018 & 2023
Figure 36: Global: Family Offices (Alternative Investments) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 37: Global: Family Offices (Commodities) Market: Sales Value (in Million US$), 2018 & 2023
Figure 38: Global: Family Offices (Commodities) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 39: Global: Family Offices (Cash or Cash Equivalents) Market: Sales Value (in Million US$), 2018 & 2023
Figure 40: Global: Family Offices (Cash or Cash Equivalents) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 41: Global: Family Offices (Financial Planning) Market: Sales Value (in Million US$), 2018 & 2023
Figure 42: Global: Family Offices (Financial Planning) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 43: Global: Family Offices (Strategy) Market: Sales Value (in Million US$), 2018 & 2023
Figure 44: Global: Family Offices (Strategy) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 45: Global: Family Offices (Governance) Market: Sales Value (in Million US$), 2018 & 2023
Figure 46: Global: Family Offices (Governance) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 47: Global: Family Offices (Advisory) Market: Sales Value (in Million US$), 2018 & 2023
Figure 48: Global: Family Offices (Advisory) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 49: Global: Family Offices (Other Service Types) Market: Sales Value (in Million US$), 2018 & 2023
Figure 50: Global: Family Offices (Other Service Types) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 51: North America: Family Offices Market: Sales Value (in Million US$), 2018 & 2023
Figure 52: North America: Family Offices Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 53: United States: Family Offices Market: Sales Value (in Million US$), 2018 & 2023
Figure 54: United States: Family Offices Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 55: Canada: Family Offices Market: Sales Value (in Million US$), 2018 & 2023
Figure 56: Canada: Family Offices Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 57: Asia-Pacific: Family Offices Market: Sales Value (in Million US$), 2018 & 2023
Figure 58: Asia-Pacific: Family Offices Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 59: China: Family Offices Market: Sales Value (in Million US$), 2018 & 2023
Figure 60: China: Family Offices Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 61: Japan: Family Offices Market: Sales Value (in Million US$), 2018 & 2023
Figure 62: Japan: Family Offices Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 63: India: Family Offices Market: Sales Value (in Million US$), 2018 & 2023
Figure 64: India: Family Offices Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 65: South Korea: Family Offices Market: Sales Value (in Million US$), 2018 & 2023
Figure 66: South Korea: Family Offices Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 67: Australia: Family Offices Market: Sales Value (in Million US$), 2018 & 2023
Figure 68: Australia: Family Offices Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 69: Indonesia: Family Offices Market: Sales Value (in Million US$), 2018 & 2023
Figure 70: Indonesia: Family Offices Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 71: Others: Family Offices Market: Sales Value (in Million US$), 2018 & 2023
Figure 72: Others: Family Offices Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 73: Europe: Family Offices Market: Sales Value (in Million US$), 2018 & 2023
Figure 74: Europe: Family Offices Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 75: Germany: Family Offices Market: Sales Value (in Million US$), 2018 & 2023
Figure 76: Germany: Family Offices Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 77: France: Family Offices Market: Sales Value (in Million US$), 2018 & 2023
Figure 78: France: Family Offices Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 79: United Kingdom: Family Offices Market: Sales Value (in Million US$), 2018 & 2023
Figure 80: United Kingdom: Family Offices Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 81: Italy: Family Offices Market: Sales Value (in Million US$), 2018 & 2023
Figure 82: Italy: Family Offices Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 83: Spain: Family Offices Market: Sales Value (in Million US$), 2018 & 2023
Figure 84: Spain: Family Offices Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 85: Russia: Family Offices Market: Sales Value (in Million US$), 2018 & 2023
Figure 86: Russia: Family Offices Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 87: Others: Family Offices Market: Sales Value (in Million US$), 2018 & 2023
Figure 88: Others: Family Offices Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 89: Latin America: Family Offices Market: Sales Value (in Million US$), 2018 & 2023
Figure 90: Latin America: Family Offices Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 91: Brazil: Family Offices Market: Sales Value (in Million US$), 2018 & 2023
Figure 92: Brazil: Family Offices Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 93: Mexico: Family Offices Market: Sales Value (in Million US$), 2018 & 2023
Figure 94: Mexico: Family Offices Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 95: Others: Family Offices Market: Sales Value (in Million US$), 2018 & 2023
Figure 96: Others: Family Offices Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 97: Middle East and Africa: Family Offices Market: Sales Value (in Million US$), 2018 & 2023
Figure 98: Middle East and Africa: Family Offices Market: Breakup by Country (in %), 2023
Figure 99: Middle East and Africa: Family Offices Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 100: Global: Family Offices Industry: Drivers, Restraints, and Opportunities
Figure 101: Global: Family Offices Industry: Value Chain Analysis
Figure 102: Global: Family Offices Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Family Offices Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Family Offices Market Forecast: Breakup by Type (in Million US$), 2024-2032
Table 3: Global: Family Offices Market Forecast: Breakup by Office Type (in Million US$), 2024-2032
Table 4: Global: Family Offices Market Forecast: Breakup by Asset Class (in Million US$), 2024-2032
Table 5: Global: Family Offices Market Forecast: Breakup by Service Type(in Million US$), 2024-2032
Table 6: Global: Family Offices Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 7: Global: Family Offices Market: Competitive Structure
Table 8: Global: Family Offices Market: Key Players

 

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Summary

The global family offices market size reached US$ 19.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 29.3 Billion by 2032, exhibiting a growth rate (CAGR) of 4.37% during 2024-2032. The escalating adoption by high-net-worth individuals demanding for tailored wealth management systems, continual technological advancements enabling efficient and strategic decision-making, and a growing focus on socially responsible investments and philanthropy represent some of the factors that are propelling the market.

Family offices are private firms that manage the investments and wealth of high-net-worth individuals or families. Offering a comprehensive range of services, including investment management, estate planning, tax advisory, and philanthropic coordination, family offices are designed to manage the complex financial needs of wealthy families. These firms can be categorized into Single Family Offices (SFOs), catering to one family's needs, and Multi-Family Offices (MFOs), serving multiple families. They function with a tailored approach, ensuring that the financial goals, preferences, and values of the family are reflected in their investment strategies and planning. The integration of various financial disciplines and the alignment with the family's long-term objectives enable family offices to provide unique solutions that extend beyond traditional wealth management.

The global market is primarily driven by the increasing number of high-net-worth individuals seeking personalized wealth management solutions. In line with this, the desire for a consolidated approach to financial services, including investment management, tax planning, and estate coordination, is providing an impetus to the market. Moreover, the growing emphasis on preserving family wealth across generations and the need for specialized advisory services are acting as significant growth-inducing factors for the market. In addition to this, the evolving preferences of wealthy families for socially responsible investments and personalized financial strategies are influencing the market positively. Besides this, the considerable rise in technological advancements, enabling sophisticated investment analytics and reporting, is creating lucrative opportunities in the market. Apart from this, easy accessibility to various financial products, introduction of regulations that align with the needs of high-net-worth families, and the integration of philanthropy in wealth management strategies are propelling the market.

Family Offices Market Trends/Drivers:
Increased adoption by high-net-worth individuals

The global family offices market is significantly shaped by the rising adoption among high-net-worth individuals and families. The continued increase in wealth, coupled with its inherent complexity, necessitates specialized firms capable of handling multifaceted financial needs. Family offices, through their tailored services encompassing investments, estate planning, philanthropy, and more, provide an integrative solution to wealth management. The ability to craft bespoke strategies that align with individual family objectives and values enhances their attractiveness among the affluent sectors. Collaboration with financial experts and institutions, focusing on long-term stability and growth, further promotes the utilization of family offices. Additionally, the emphasis on preserving wealth across generations and adapting to global financial trends amplifies their appeal. With the continuous expansion of global wealth, the demand for such specialized services is set to remain robust, thereby fostering a sustainable interest in family offices and contributing significantly to market growth.

Continual technological advancements

The family offices market is greatly stimulated by technological advancements, focusing on investment analytics, comprehensive reporting, and seamless digital experiences. Cutting-edge technologies enable these specialized firms to provide real-time insights, automate intricate processes, and enhance overall client experiences. These advancements extend beyond mere efficiency gains; they enable more informed and strategic decision-making, aligning with the dynamic needs of high-net-worth individuals. Integration of technologies such as artificial intelligence and machine learning further broadens the scope of services, fostering innovation and adaptability within the sector. The ability to leverage technology to align with client preferences, regulatory compliance, and global market trends is playing a pivotal role in shaping the market landscape. As the integration of technology within wealth management continues to evolve, its influence on the family offices market is likely to remain substantial.

An enhanced focus on socially responsible investments and philanthropy

The growth of the family offices market is also driven by an increasing emphasis on socially responsible investments (SRIs) and philanthropy. High-net-worth families are aligning their investments with social, environmental, and ethical values, reflecting a broader societal shift towards responsible stewardship of wealth. Family offices' unique positioning to understand and implement these purpose-driven strategies attracts clients who seek meaningful impact through their investments. This includes initiatives that focus on sustainability, ethical governance, and community development. In addition, the integration of philanthropic goals within investment portfolios adds a dimension of societal contribution to wealth management. This trend resonates with a global movement towards transparency, accountability, and positive impact, reinforcing the value proposition of family offices. By aligning with these global sentiments and providing a platform for impactful investment, family offices are solidifying their role in the market and contributing to its continuous growth.

Family Offices Industry Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global family offices market report, along with forecasts at the global, regional, and country levels from 2024-2032. Our report has categorized the market based on type, office type, asset class and service type.

Breakup by Type:

Single Family Office
Multi-Family Office
Virtual Family Office

Single family offices represents the largest market segment

The report has provided a detailed breakup and analysis of the market based on the type. This includes single family office, multi-family office, and virtual family office. According to the report, single family office represented the largest segment.

The single family offices segment is driven by the demand for personalized financial management and the need for a centralized focus on a particular family’s wealth. The desire for control and confidentiality plays a vital role, along with the tailored investment strategies and estate planning that align with the family's values and goals. Additionally, the single family office model provides a unified approach to managing various financial needs, such as tax optimization, legal matters, philanthropy, and succession planning, enhancing the overall cohesion and direction of a family's financial trajectory.

On the other hand, multi-family and virtual family offices are gaining traction due to cost-effectiveness, economies of scale, and access to shared expertise. Virtual platforms enable more flexibility and connectivity, while the multi-family structure allows shared resources without sacrificing customized services. The fusion of the multi-family approach with virtual capabilities offers families greater reach in investment opportunities and expert advice. It also fosters collaboration and efficiency, adapting to the evolving needs and preferences of different family members, thus appealing to a broader spectrum of clients.

Breakup by Office Type:

Founders’ Office
Multi-Generational Office
Investment Office
Trustee Office
Compliance Office
Philanthropy Office
Shareholder’s Office
Others

The report has provided a detailed breakup and analysis of the market based on the office type. This includes founders’ office, multi-generational office, investment office, trustee office, compliance office, philanthropy office, shareholder’s office, and others.

The founders' office segment is influenced by the need to manage and preserve the wealth generated by business founders. The factors driving this segment include personalized wealth management strategies, alignment with long-term business goals, and a focus on succession planning.

On the other hand, multi-generational offices are driven by the need to sustain wealth across generations and to establish shared family values and goals. By fostering family cohesion, providing education for younger generations, and implementing strategies for wealth transition, they serve as an essential part of a family's financial planning.

The investment office segment prioritizes the strategic management of investments. The drivers for this segment include the necessity for specialized expertise in various asset classes, a focus on risk management, and the alignment of investment strategies with the family's long-term financial goals.

Trustee offices operate based on the demand for trust management and fiduciary responsibilities. ensuring legal compliance, safeguarding assets, and maintaining transparency are vital factors that contribute to the growth of this segment.

The compliance office segment is driven by the increasing complexity of regulatory requirements. Ensuring adherence to laws, maintaining ethical standards, and managing risk through continuous monitoring are key factors for this segment.

Philanthropy offices are guided by the family’s desire to contribute to social causes. They are driven by the need to align charitable activities with family values, establish a philanthropic strategy, and manage charitable trusts and foundations effectively.

Furthermore, the shareholder's office focuses on managing relationships and communication between family shareholders. This segment is driven by the necessity for transparency, alignment with family values and goals, and the need to manage shareholder agreements and expectations.

Breakup by Asset Class:

Bonds
Equities
Alternative Investments
Commodities
Cash or Cash Equivalents

The report has provided a detailed breakup and analysis of the market based on the asset class. This includes bonds, equities, alternative investments, commodities, and cash or cash equivalents.

The bonds segment is driven by factors such as interest rate fluctuations, credit risk of the issuer, inflation expectations, and the overall economic environment. Investors in bonds typically seek stability and predictable income, making them attractive in uncertain markets. The duration and yield of bonds can make them suitable for various investment strategies.

On the other hand, equities are influenced by corporate earnings, macroeconomic trends, market sentiment, and regulatory changes. The performance of individual companies, industry trends, and overall economic growth play key roles in determining equity prices. Investors often look to equities for potential capital appreciation and may diversify across sectors to manage risk.

Also, alternative investments are driven by the pursuit of returns uncorrelated with traditional markets, portfolio diversification, and hedging against market volatility. This segment includes investments like hedge funds, private equity, and real estate, each having unique driving factors. Market inefficiencies, managerial expertise, and specialized investment strategies can provide opportunities within alternative investments.

Furthermore, commodities are influenced by supply and demand dynamics, geopolitical events, economic conditions, and currency exchange rates. Factors such as weather patterns, technological advancements, and governmental policies can affect specific commodities like agricultural products or energy resources. Commodities can offer diversification benefits and may act as a hedge against inflation. Investors use commodities to take advantage of short-term price movements or long-term trends.

Additionally, cash or cash equivalents are driven by the need for liquidity, risk management, and preservation of capital. Interest rate movements, banking regulations, and the overall economic stability are key factors that affect this investment category. Investors may allocate to cash or cash equivalents during periods of high market uncertainty. Holding cash or cash equivalents allows for flexibility and swift response to investment opportunities.

Breakup by Service Type:

Financial Planning
Strategy
Governance
Advisory
Others

Financial planning accounts for the majority of the market share

The report has provided a detailed breakup and analysis of the market based on the service type. This includes financial planning, strategy, governance, advisory, and others. According to the report, financial planning represented the largest segment.

The financial planning segment is propelled by the comprehensive need for budgeting, risk management, tax planning, and retirement planning. A holistic approach to financial well-being and alignment with both short-term and long-term family goals are key drivers for this segment. The integration of these elements allows for a more robust and flexible financial strategy, catering to the specific needs and preferences of the family, and fostering stability and growth in their financial landscape.

On the other hand, the strategy, governance, and advisory segments focus on long-term planning, governance structures, and specialized advice. The driving factors include the need for strategic alignment with family values, the implementation of governance frameworks to ensure consistency, and access to expert advice for complex financial decisions. Additionally, the coordination between these elements ensures a cohesive approach to family wealth management, thereby enhancing the efficacy of financial strategies and providing a robust foundation for future generations.

Breakup by Region:

North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

North America exhibits a clear dominance, accounting for the largest family offices market share

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and Middle East and Africa. According to the report, North America accounted for the largest market share.

The market in the North America region is influenced by a robust financial infrastructure, regulatory environment, economic policies, and technological advancements. The concentration of wealth, entrepreneurial growth, and a stable political system contribute to the attractiveness of the region for family offices. Investment preferences, taxation policies, and the availability of professional services tailored to high-net-worth individuals are additional factors.

A sophisticated investment landscape provides opportunities across asset classes, from traditional investments like bonds and equities to innovative sectors such as technology and sustainability. Cultural factors and local investment philosophies may also shape the approach of family offices in North America. The integration of social responsibility and ethical considerations in investment decisions has become increasingly important in the region. The region's diverse and dynamic economy provides ample opportunities and challenges that family offices must navigate to optimize investment outcomes.

Competitive Landscape:
The key players in the market are engaging in various strategies to ensure continued growth. They are emphasizing personalization and customization of services to meet the unique needs of individual clients. Adoption of technology and digital platforms is playing a critical role, allowing for more efficient management of assets and investments, and providing data-driven insights. Many family offices are expanding their services to include not just traditional wealth management but also legal, educational, philanthropic, and lifestyle management. Collaborations and partnerships with specialized firms in various sectors are also common, broadening the expertise available to clients. Furthermore, an increased focus on sustainability and responsible investing resonates with modern values, attracting new clientele.

The report has provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

BMO Financial Group
Cambridge Associates LLC
Citigroup Inc.
HSBC Private Banking (HSBC Holdings plc)
Northern Trust Corporation
Silvercrest Asset Management Group Inc.
Stonehage Fleming Family & Partners Limited
The Bank of New York Mellon Corporation
The Bessemer Group Incorporated
The Glenmede Corporation
UBS Group AG
Wells Fargo & Company

Recent Developments:
In August 2023, BMO Financial Group announced its intention to redeem all of its U.S. $850,000,000 4.338% Subordinated Notes due October 5, 2028, on the Redemption Date of October 5, 2023, at a price equal to 100% of the principal, plus accrued and unpaid interest. The redemption, approved by the Office of the Superintendent of Financial Institutions, will cease interest accrual from the Redemption Date, and notice will be delivered to note holders in accordance with the related indenture.
In March 2023, global investment firm Cambridge Associates announced that it has met a goal it set to double investments with diverse managers three years earlier than targeted. Diverse managers are defined as firms that are a minimum of 33% owned by women and people of color.
In August 2023, Citigroup Inc. introduced the ULTIMA Mastercard credit card, specifically targeting Citi Private Bank clients in Asia, including Hong Kong and Singapore, with the initiative aligning with increased spending in these key wealth hubs. The by-invitation-only card reflects a 56% spending increase in Singapore and a 36% increase in Hong Kong during the first half of this year compared to 2019, predominantly in shopping, dining, and travel categories.

Key Questions Answered in This Report
1. How big is the global family offices market?
2. What is the expected growth rate of the global family offices market during 2024-2032?
3. What are the key factors driving the global family offices market?
4. What has been the impact of COVID-19 on the global family offices market?
5. What is the breakup of the global family offices market based on the type?
6. What is the breakup of the global family offices market based on the service type?
7. What are the key regions in the global family offices market?
8. Who are the key players/companies in the global family offices market?



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Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Family Offices Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Single Family Office
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Multi-Family Office
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Virtual Family Office
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Office Type
7.1 Founders’ Office
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Multi-Generational Office
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Investment Office
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Trustee Office
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Compliance Office
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Philanthropy Office
7.6.1 Market Trends
7.6.2 Market Forecast
7.7 Shareholder’s Office
7.7.1 Market Trends
7.7.2 Market Forecast
7.8 Others
7.8.1 Market Trends
7.8.2 Market Forecast
8 Market Breakup by Asset Class
8.1 Bonds
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Equities
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Alternative Investments
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Commodities
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Cash or Cash Equivalents
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Service Type
9.1 Financial Planning
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Strategy
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Governance
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Advisory
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Others
9.5.1 Market Trends
9.5.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 Drivers, Restraints, and Opportunities
11.1 Overview
11.2 Drivers
11.3 Restraints
11.4 Opportunities
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 BMO Financial Group
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.1.4 SWOT Analysis
15.3.2 Cambridge Associates LLC
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.3 Citigroup Inc.
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.3.4 SWOT Analysis
15.3.4 HSBC Private Banking (HSBC Holdings plc)
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.5 Northern Trust Corporation
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.5.4 SWOT Analysis
15.3.6 Silvercrest Asset Management Group Inc.
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.7 Stonehage Fleming Family & Partners Limited
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.8 The Bank of New York Mellon Corporation
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Financials
15.3.8.4 SWOT Analysis
15.3.9 The Bessemer Group Incorporated
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.10 The Glenmede Corporation
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.11 UBS Group AG
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
15.3.12 Wells Fargo & Company
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
15.3.12.3 Financials
15.3.12.4 SWOT Analysis

List of Figures
Figure 1: Global: Family Offices Market: Major Drivers and Challenges
Figure 2: Global: Family Offices Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Family Offices Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Family Offices Market: Breakup by Type (in %), 2023
Figure 5: Global: Family Offices Market: Breakup by Office Type (in %), 2023
Figure 6: Global: Family Offices Market: Breakup by Asset Class (in %), 2023
Figure 7: Global: Family Offices Market: Breakup by Service Type (in %), 2023
Figure 8: Global: Family Offices Market: Breakup by Region (in %), 2023
Figure 9: Global: Family Offices (Single Family Office) Market: Sales Value (in Million US$), 2018 & 2023
Figure 10: Global: Family Offices (Single Family Office) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 11: Global: Family Offices (Multi-Family Office) Market: Sales Value (in Million US$), 2018 & 2023
Figure 12: Global: Family Offices (Multi-Family Office) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 13: Global: Family Offices (Virtual Family Office) Market: Sales Value (in Million US$), 2018 & 2023
Figure 14: Global: Family Offices (Virtual Family Office) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 15: Global: Family Offices (Founders’ Office) Market: Sales Value (in Million US$), 2018 & 2023
Figure 16: Global: Family Offices (Founders’ Office) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 17: Global: Family Offices (Multi-Generational Office) Market: Sales Value (in Million US$), 2018 & 2023
Figure 18: Global: Family Offices (Multi-Generational Office) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 19: Global: Family Offices (Investment Office) Market: Sales Value (in Million US$), 2018 & 2023
Figure 20: Global: Family Offices (Investment Office) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 21: Global: Family Offices (Trustee Office) Market: Sales Value (in Million US$), 2018 & 2023
Figure 22: Global: Family Offices (Trustee Office) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 23: Global: Family Offices (Compliance Office) Market: Sales Value (in Million US$), 2018 & 2023
Figure 24: Global: Family Offices (Compliance Office) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 25: Global: Family Offices (Philanthropy Office) Market: Sales Value (in Million US$), 2018 & 2023
Figure 26: Global: Family Offices (Philanthropy Office) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 27: Global: Family Offices (Shareholder’s Office) Market: Sales Value (in Million US$), 2018 & 2023
Figure 28: Global: Family Offices (Shareholder’s Office) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 29: Global: Family Offices (Other Office Types) Market: Sales Value (in Million US$), 2018 & 2023
Figure 30: Global: Family Offices (Other Office Types) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 31: Global: Family Offices (Bonds) Market: Sales Value (in Million US$), 2018 & 2023
Figure 32: Global: Family Offices (Bonds) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 33: Global: Family Offices (Equities) Market: Sales Value (in Million US$), 2018 & 2023
Figure 34: Global: Family Offices (Equities) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 35: Global: Family Offices (Alternative Investments) Market: Sales Value (in Million US$), 2018 & 2023
Figure 36: Global: Family Offices (Alternative Investments) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 37: Global: Family Offices (Commodities) Market: Sales Value (in Million US$), 2018 & 2023
Figure 38: Global: Family Offices (Commodities) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 39: Global: Family Offices (Cash or Cash Equivalents) Market: Sales Value (in Million US$), 2018 & 2023
Figure 40: Global: Family Offices (Cash or Cash Equivalents) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 41: Global: Family Offices (Financial Planning) Market: Sales Value (in Million US$), 2018 & 2023
Figure 42: Global: Family Offices (Financial Planning) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 43: Global: Family Offices (Strategy) Market: Sales Value (in Million US$), 2018 & 2023
Figure 44: Global: Family Offices (Strategy) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 45: Global: Family Offices (Governance) Market: Sales Value (in Million US$), 2018 & 2023
Figure 46: Global: Family Offices (Governance) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 47: Global: Family Offices (Advisory) Market: Sales Value (in Million US$), 2018 & 2023
Figure 48: Global: Family Offices (Advisory) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 49: Global: Family Offices (Other Service Types) Market: Sales Value (in Million US$), 2018 & 2023
Figure 50: Global: Family Offices (Other Service Types) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 51: North America: Family Offices Market: Sales Value (in Million US$), 2018 & 2023
Figure 52: North America: Family Offices Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 53: United States: Family Offices Market: Sales Value (in Million US$), 2018 & 2023
Figure 54: United States: Family Offices Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 55: Canada: Family Offices Market: Sales Value (in Million US$), 2018 & 2023
Figure 56: Canada: Family Offices Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 57: Asia-Pacific: Family Offices Market: Sales Value (in Million US$), 2018 & 2023
Figure 58: Asia-Pacific: Family Offices Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 59: China: Family Offices Market: Sales Value (in Million US$), 2018 & 2023
Figure 60: China: Family Offices Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 61: Japan: Family Offices Market: Sales Value (in Million US$), 2018 & 2023
Figure 62: Japan: Family Offices Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 63: India: Family Offices Market: Sales Value (in Million US$), 2018 & 2023
Figure 64: India: Family Offices Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 65: South Korea: Family Offices Market: Sales Value (in Million US$), 2018 & 2023
Figure 66: South Korea: Family Offices Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 67: Australia: Family Offices Market: Sales Value (in Million US$), 2018 & 2023
Figure 68: Australia: Family Offices Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 69: Indonesia: Family Offices Market: Sales Value (in Million US$), 2018 & 2023
Figure 70: Indonesia: Family Offices Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 71: Others: Family Offices Market: Sales Value (in Million US$), 2018 & 2023
Figure 72: Others: Family Offices Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 73: Europe: Family Offices Market: Sales Value (in Million US$), 2018 & 2023
Figure 74: Europe: Family Offices Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 75: Germany: Family Offices Market: Sales Value (in Million US$), 2018 & 2023
Figure 76: Germany: Family Offices Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 77: France: Family Offices Market: Sales Value (in Million US$), 2018 & 2023
Figure 78: France: Family Offices Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 79: United Kingdom: Family Offices Market: Sales Value (in Million US$), 2018 & 2023
Figure 80: United Kingdom: Family Offices Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 81: Italy: Family Offices Market: Sales Value (in Million US$), 2018 & 2023
Figure 82: Italy: Family Offices Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 83: Spain: Family Offices Market: Sales Value (in Million US$), 2018 & 2023
Figure 84: Spain: Family Offices Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 85: Russia: Family Offices Market: Sales Value (in Million US$), 2018 & 2023
Figure 86: Russia: Family Offices Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 87: Others: Family Offices Market: Sales Value (in Million US$), 2018 & 2023
Figure 88: Others: Family Offices Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 89: Latin America: Family Offices Market: Sales Value (in Million US$), 2018 & 2023
Figure 90: Latin America: Family Offices Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 91: Brazil: Family Offices Market: Sales Value (in Million US$), 2018 & 2023
Figure 92: Brazil: Family Offices Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 93: Mexico: Family Offices Market: Sales Value (in Million US$), 2018 & 2023
Figure 94: Mexico: Family Offices Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 95: Others: Family Offices Market: Sales Value (in Million US$), 2018 & 2023
Figure 96: Others: Family Offices Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 97: Middle East and Africa: Family Offices Market: Sales Value (in Million US$), 2018 & 2023
Figure 98: Middle East and Africa: Family Offices Market: Breakup by Country (in %), 2023
Figure 99: Middle East and Africa: Family Offices Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 100: Global: Family Offices Industry: Drivers, Restraints, and Opportunities
Figure 101: Global: Family Offices Industry: Value Chain Analysis
Figure 102: Global: Family Offices Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Family Offices Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Family Offices Market Forecast: Breakup by Type (in Million US$), 2024-2032
Table 3: Global: Family Offices Market Forecast: Breakup by Office Type (in Million US$), 2024-2032
Table 4: Global: Family Offices Market Forecast: Breakup by Asset Class (in Million US$), 2024-2032
Table 5: Global: Family Offices Market Forecast: Breakup by Service Type(in Million US$), 2024-2032
Table 6: Global: Family Offices Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 7: Global: Family Offices Market: Competitive Structure
Table 8: Global: Family Offices Market: Key Players

 

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