Family Office Market size was valued at USD 19.09 billion in 2024 and is expected to reach USD 42.76 billion by 2037, registering around 6.4% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of family office is assessed at USD 20.13 billion.
The global family office market is thriving on the back of the rising need amongst families or individuals to outsource their entire financial management. Family offices are a means of investment management for affluent families. Family offices provide their clients with a wide range of services including tax planning, budgeting, insurance, among others besides investment. The most important aspect of every family office is the handling of private wealth along with privacy and the highest possible level of confidentiality. The family office often is and should be, the only entity that keeps all the information for all family members, covering the entire portfolio of assets and general personal information.
Author Credits: Parul Atri
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