Family Office Market Share

The global family office market is segmented by regions into North America, Latin America, Europe, Asia Pacific, Middle East and Africa. North America industry is anticipated to account for largest revenue share of 44% by 2036. Presence of numerous ultra-high-net-worth individuals who are increasingly establishing family offices in order to have greater control over their investments, along with the fact that the financial services for HNIs are not fulfilled by wealth management firms and private banks, are some of the factors raising the demand for establishing family offices in the region, which in turn is anticipated to drive the family office market growth in North America.