The most comprehensive family-first study of its kind, the IMD-FNB Global Family Office Report, is now available and we are proud to have been contributors.
Family offices are experiencing a profound transformation. Once quiet back-office structures, they have become strategic engines at the heart of family wealth, legacy, and innovation. How do family offices evolve, adapt, and redefine themselves as families grow, generations shift, and the pace of change accelerates?
A few highlights:
- The old saying “when you’ve seen one FO, you’ve seen one FO” is outdated. Our research uncovers nine clear and evolving family office identities, helping families and advisors prepare and organize far more effectively. There are clear patterns which lead to best practices, do’s and don’ts.
- Purpose sits at the center. While FOs often begin with wealth preservation and diversification, they quickly expand toward human and social capital – with over 55% focusing on family cohesion, education, and long-term unity. Wealth without purpose becomes a strategic risk.
- is reshaping everything. From operations and workflows to investment processes and strategic decision-making, agentic AI will fundamentally transform how enterprising families run their offices and allocate capital.
- Governance is non-negotiable — yet still overlooked. Only 53% of family offices have an Investment Policy Statement and only 54% an Investment Committee. A major step-up is needed to navigate today’s volatile environment.
- Learning from Sovereign Wealth Funds. We explored how world-class investors are shifting toward dynamic allocation, privileged direct access, and governance-driven value creation – powerful parallels for families looking to professionalize and possibly an open invitation towards club deals.
You can access your complimentary copy here.
