The case

Deloitte Private’s latest report in its Family Office Insights Series – Global Edition explores the rapid expansion of family offices and offers a vision of the future landscape.

Source: Deloitte & finews

The commentary

There are an estimated 8,030 single family offices in the world today, up from roughly 6,130 in 2019. This number is projected to grow to more than 10,720 by 2030, a remarkable 75% increase. Similarly, family offices’ total estimated assets under management (AUM) are expected to rise 73% from US$3.1 trillion today to US$5.4 trillion by 2030.

The estimated wealth of families with family offices currently stands at US$5.5 trillion. This is up from US$3.3 trillion in 2019 and is expected to grow to US$9.5 trillion by 2030 – a 189% increase.

Women now serve as the principals of 15% of family offices worldwide, demonstrating an increase in women taking on greater leadership roles within family enterprises.

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