Research

Global wealth rose in 2024, according to the UBS “Global Wealth Report 2025” — but with significant regional variations. The report offers a detailed look at the generational distribution of wealth in the U.S., as well as a look at the transfer of wealth that is expected to take place in different global markets over the next 20 to 25 years.

What are family offices’ priorities this year? According to BNY Wealth’s recently released “2025 Investment Insights for Single Family Offices,” about one-third say expanding their investment offerings is top of mind. The next most commonly cited top priorities were involving the next generation, technology platforms and acquiring and retaining talent.

How are family offices reacting to challenges such as a global trade war, emerging technology and generational transitions? The recently released Global Family Office Report 2025 from UBS, based on a survey of 317 family offices, explores these and other questions.

U.S. family offices were opting for larger deals in 2024, and they favor club deals over investing alone. These are some key takeaways from the recently released U.S. version of PwC’s 2024 Global Family Office Deals Study.

Family offices are becoming a focus of academic study. John C. Heaton, Joseph L. Gidwitz Professor of Finance at the University of Chicago Booth School of Business, recently taught the school’s first course on family offices. He discusses what students — and researchers — want to learn about family offices.