Research

Two in five of the families expect a significant leadership transition – involving the family, the family office or both – in the next five year, according to a survey from Citi Private Bank. While three-quarters of survey respondents say they are well prepared or very well prepared for this transition, there’s no shortage of other concerns for wealthy families.

Emerging technology is an area of interest for many family offices when it comes to investing. But what about the technology they use for their own operations? According to Deloitte Private’s “Family Office Insights Series - Global Edition: Defining the Family Office Landscape 2024,” 33% of survey respondents say family offices will increasingly embrace digital technology in their operations.

While investment management remains the top reason most families set up family offices, it’s far from the only reason.

How common are family office boards? A new survey offers a look at which family offices are most likely to have boards, and who their members are.

A recently released survey of 400 U.S. private business owners found, though, that family offices were not meeting business owners’ expectations in every area.