Family Office Market Outlook:
Family Office Market size was valued at USD 20.6 billion in 2025 and is projected to reach USD 38.1 billion by the end of 2035, rising at a CAGR of 7.1% during the forecast period, i.e., 2026-2035. In 2026, the industry size of family office is estimated at USD 22 billion.
The family office market is representing continued growth since the ultra-high-net-worth families are looking for tailored wealth management, legacy planning, and investment solutions, due to which firms are constantly upgrading their technologies. For instance, in February 2025, SEI’s Family Office Services business, which is supporting USD 723 billion in assets on its Archway Platform as of 2024, was acquired by Aquiline to enhance technology-driven solutions for family offices. The report also mentioned that this platform integrates accounting, investment management, and reporting functions, enabling more efficient operations for ultra-high-net-worth families. In addition, the acquisition aims to accelerate adoption, extend platform capabilities, and further invest in technology that streamlines complex family office workflows and improves client service, thereby positively impacting family office market growth in the years ahead.
Furthermore, the family office market is witnessing a major shift toward integrated platforms that offer personalized advisory services, enhanced reporting, and access to alternative and private market opportunities. As of September 2025, data from the government of Hong Kong more than 200 family offices have established or expanded operations in Hong Kong, surpassing the government’s target set in the 2022 Policy Address. Besides, this milestone reflects the city’s growing stature as Asia’s leading hub for private wealth management and global family offices, supported by Invest Hong Kong’s dedicated family office HK team. In addition, the aspect of policy measures, including tax concessions, the New Capital Investment Entrant Scheme, and the Hong Kong Academy for Wealth Legacy, has created a competitive environment for family offices. Hence, with continued enhancements to preferential tax regimes and facilitation services aim to sustain the sector’s growth momentum.