"According to Julius Baer's new Family Barometer 2025, produced in collaboration with PwC Switzerland, family offices - once seen as quiet administrative centers - have become command hubs for navigating a world of geopolitical tension, digital risk, and generational transition. Family offices are essentially private companies that manage all aspects of a wealthy family's finances - from investments and real estate to philanthropy, taxes, and even education - allowing them to control their money like a business."
"The report, based on a global survey of 2,485 experts conducted in October, draws insights from wealth managers, tax advisors, family-office executives, and consultants across Europe, Asia, the Middle East, and Latin America. The richest families, it found, are preserving capital and building systems to protect their power for decades to come. The report finds that only about 40% of ultrawealthy families worldwide have a family office, but that share is growing fast - especially in Asia."
Family offices have become command hubs for navigating geopolitical tension, digital risk, and generational transition. Family offices function as private companies managing investments, real estate, philanthropy, taxes, and education, enabling families to control their wealth like a business. A global survey of 2,485 experts found ultrawealthy families focus on preserving capital and building systems to protect power for decades. Only about 40% of ultrawealthy families have family offices, but adoption is growing rapidly, especially in Asia. Singapore reached over 2,000 single-family offices by end-2024, a tenfold rise in a few years. Many families adopt hybrid setups outsourcing select functions while retaining investment and governance in-house.
Read at Business Insider
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