Part 2: Family Offices Enter a New Era: From Custodians to Global Powers
In 2025, family offices have evolved from discreet structures that guard generational wealth into sophisticated investment enterprises that influence global capital flows, private equity, and sustainable investing.
With over 9,000 single-family offices now commanding assets ranging from USD 3.1 to 4.7 trillion, their accelerated growth highlights a sector on the cusp of unprecedented influence.
The Numbers Tell the Story
A surge of 31% in total offices since 2019 points to the continued rise in ultra-high-net-worth families and the demand for institutional-grade wealth management.
Family offices now oversee up to USD 4.7 trillion, with projections suggesting a pool of USD 9.5 trillion by 2030 — a figure that could rival sovereign wealth funds in scale and reach.
Three new forces influence family offices in their new era:
- Digital transformation: Rapid adoption of AI, advanced analytics, and process automation is reshaping asset management, reporting, and operational control.
- Geopolitical volatility: From trade wars to regulatory upheaval, offices are positioned as agile actors hedging risk, diversifying portfolios, and steering capital away from uncertainty.
- Generational leadership: Succession, junior boards, and tailored governance are now top priorities, ensuring continuity and alignment with the family's mission and values.
Shaping Global Capital Markets
Family offices are no longer background players; they’re pivotal in direct investment, private markets, venture funding, and impact-driven capital. Their allocations have a significant impact on major asset classes, ranging from tech-driven healthcare to renewable infrastructure. Moreover, their home bases are shifting — with hubs like Singapore, Dubai, London, and New York anchoring new flows of global wealth and innovation.
Suggested Reading:
- UBS: Global Family Office Report: https://lnkd.in/gDafBH2X
- BlackRock: 2025 Global Family Office Report: https://lnkd.in/gHknG8if
- Citi Private Bank: 2025 Global Family Office Report: https://lnkd.in/eF8VRRui
- Schroders: How Asia is Reshaping the Global Family Office Landscape: https://lnkd.in/gDcwz_E9
- BNY: 2025 Investment Insights for Single Family Offices: https://lnkd.in/gnwg9E4m
Get In Touch
For more information please contact Michael Velten.
michael@veltenadvisors.com
+6590687547
37 Ann Siang Rd, Singapore 069715
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