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Family Office Market - Global Outlook & Forecast 2021-2026

Publisher Arizton Advisory and Intelligence
Published Jan 18, 2022
Length 209 Pages
SKU # ARZ16926573

Description

Family Office Market - Global Outlook & Forecast 2021-2026

In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Family Office Market Report

The family office market by revenue is expected to grow at a CAGR of 6.01% during the period 2021–2026.

The growing number of UHNWIs (private wealth advisory firms) are driving the demand for family office services. Today, wealthy families rely on family offices to manage their wealth as they hold fragile trust in private banks and increasingly prefer family offices. However, the business encounters many regulatory, technological, and operational challenges that are expected to hamper the market's growth. Direct investments are stand-alone investments and have good returns compared to private equity. More than 65% of high-net-worth individuals invest their funds through direct investments. It helps the market grow diverse across the globe and allows them to leverage their investments.

The following factors will contribute to the growth of the family office market
  • Disruptive Technology: AI & Blockchain
  • Strengthening of Sustainable Investments
  • Growing Billionaires Across the Globe
  • Growing investments in Hedge funds to avoid SEC regulations
  • Increase Investments in Venture Capital
SNIPPETS
  • The demand for an alternative asset class which includes hedge funds and private equity shares is expected to grow with a share of 49.96% during the forecast period 2020-2026 and is expected to surge at a growth rate of 6.90%.
  • Growing venture capital investments in emerging economies such as India, China, Singapore, Hong Kong is luring many investors to invest in family office markets.
  • The millennial generation is more aligned in investing more funds in sustainable investments than investing through the traditional form of investments to benefit the family office market.
FAMILY OFFICE MARKET SEGMENTATION

This research report includes a detailed segmentation by:
  • Type
  • Asset Classification
  • Geography
SEGMENTATION ANALYSIS
  • Due to the growing technology and digital services, family offices provide services digitally such as a virtual family office. VFO can either be a single office where the family looks forwards to the out-source of a family office in order to have low staff and high flexibility.
  • MFO demand offers greater opportunities for career development, and exposure to various planning situations can foster the development and sharing of best practices with all clients, which can collectively improve results and outcomes in the market.
  • Embedded family office markets are highly operated in India as Indians believe their financial conversations are confidential and prefer close advisors to manage their wealth. Thereby, expecting a boom in the number of embedded offices with an increase in entrepreneurs and family offices is driving the embedded family office market.
Market Segmentation by Type
  • Multi-Family Office (MFO)
  • Single Family Office (SFO)
  • Embedded Family Office
Market Segmentation by Asset Classification
  • Alternative Asset Classification
  • Traditional Asset Classification
  • Precious Metals
  • Art & Artifacts
GEOGRAPHICAL ANALYSIS
  • North America dominates the family office market with more than 92,000 wealthy individuals. The US alone contributes to half the global UHNWIs with more than 89,000 individuals. North America holds nearly two-third of family offices globally, where investments are made through SFOs and MFOs.
  • Key countries such as Italy, France, Germany, the UK, and Spain, Western Europe account for the majority of the share of the family office market in Europe in terms of revenue. The family office market in Western Europe is mainly driven by traditional family businesses that invest in multiplying their wealth and hold their family legacy and values through their mission.
Market Segmentation by Geography
  • North America
US

Canada
  • Europe
Germany

UK

France

Italy

Rest of Europe
  • APAC
Japan

China

India

Singapore

Rest of APAC
  • Latin America
Brazil

Mexico

Rest of Latin America
  • Middle East and Africa
UAE

Saudi Arabia

Rest of Middle East and Africa

VENDOR ANALYSIS
  • Bayshore Global Management is the family office of Sergey Brin, co-founder of Google, and Anne Wojcicki his spouse. Bayshore Global Management manages more than USD 30 billion of family assets. The family office also runs the Brin Wojcicki Foundation, donating to charitable donations and supporting human rights.
  • The Bezos is the family office of the billionaire, with a vision to provide equal opportunity to the young generation and contribute to society. Over two decades, the organization has started multiple programs connecting many people through work and helping thousands of young people discover the purpose of fulfilling the family office market.
  • Cascade Investment, L.L.C. is a private investment entity that holds the assets of William H. Gates III. It is a group of investment professionals with vast investment experience where the investment manager considers the client’s interest and designs the client's particular needs and objectives. The organization's mission is to protect and enhance the client’s financial well-being.
PROMINENT VENDORS
  • Bayshore global management
  • Bezos expedition
  • Cascade Investment L.L.C
  • Euclidean Capital
  • Emerson Collective
  • Hillspire
  • KIRKBI
  • Mousse Partners
  • MSD Capital
  • Invus Group
  • Prometheus Capital
  • Soros Fund Management
  • Sunrise capital management
  • Storonsky family
  • Grosvenor Estate
  • Vulcan INC
  • Wah Hin and Company Pte Ltd
  • Walton Enterprises LLC
  • Weybourne Group
  • Willett Advisors LLC
  • WU Capital
  • YF Capital
  • Yoovidhya Family Office
KEY QUESTIONS ANSWERED:

1. What is the Family Office market size in 2021?

2. Which region holds the highest share in the global family office market?

3. Who are the key players in the family office market?

4. What are the major factors driving the growth of the family office market?

5. What are the key trends in the family office market?

Table of Contents

209 Pages
1 Research Methodology
2 Research Objectives
3 Research Process
4 Scope & Coverage
4.1 Market Definition
4.1.1 Inclusions
4.1.2 Exclusions
4.1.3 Market Estimation Caveats
4.2 Base Year
4.3 Scope Of The Study
4.3.1 Market Segmentation By Type
4.3.2 Market Segmentation By Asset Classification
4.3.3 Market Segmentation By Geography
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation
6 Market at a Glance
7 Introduction
7.1 Overview
7.2 Cost Of Running A Family Office
7.3 Services Provided By Family Offices
7.3.1 Financial Planning
7.3.2 Strategy
7.3.3 Governance
7.3.4 Advisory
7.4 Investments By Family Offices
7.4.1 Co-Investments
7.5 Impact Of Covid-19
8 Market Opportunities & Trends
8.1 Disruptive Technology: AI & Blockchain
8.2 Strengthening Sustainable Investments
9 Market Growth Enablers
9.1 Growing Number Of Billionaires Across The Globe
9.2 Growing Investments In Hedge Funds TAvoid Sec Regulations
9.3 Increasing Investments In Venture Capital
10 Market Restraints
10.1 Regulatory Restraint
10.2 Operational Restraint
10.3 Technical Restraint
11 Market Landscape
11.1 Market Overview
11.1.1 Demand Highlights
11.1.2 High-Net-Worth Forecasts Providing Growth Opportunities
11.1.3 Future Insights
11.2 Focus Of Family Offices On Asset Class Investments
11.2.1 Performance Of Private Equity
11.2.2 Appeal For Venture Capital
11.2.3 Technology Being The Most Preferred For Investments
11.2.4 Real Estate
11.2.5 Sustainable Investments
11.2.6 Impact Investments
11.2.7 Shift Toward Philanthropic Investments
11.3 Future Of Wealth Management
11.4 Market Size & Forecast
11.5 Five Forces Analysis
11.5.1 Threat Of New Entrants
11.5.2 Bargaining Power Of Service Providers
11.5.3 Bargaining Power Of Buyers
11.5.4 Threat Of Substitutes
11.5.5 Competitive Rivalry
12 Type
12.1 Market Snapshot & Growth Engine
12.2 Market Overview
12.3 Multi-Family Office
12.3.1 Market Overview
12.3.2 Market Size & Forecast
12.3.3 Market By Geography
12.4 Single-Family Office
12.4.1 Market Overview
12.4.2 Market Size & Forecast
12.4.3 Market By Geography
12.5 Embedded Family Office
12.5.1 Market Overview
12.5.2 Market Size & Forecast
12.5.3 Market By Geography
13 Asset Classification
13.1 Market Snapshot & Growth Engine
13.2 Market Overview
13.3 Alternative Assets
13.3.1 Market Overview
13.3.2 Market Size & Forecast
13.3.3 Market By Geography
13.4 Traditional Assets
13.4.1 Market Overview
13.4.2 Market Size & Forecast
13.4.3 Market By Geography
13.5 Precious Metals
13.5.1 Market Overview
13.5.2 Market Size & Forecast
13.5.3 Market By Geography
13.6 Art & Artifacts
13.6.1 Market Overview
13.6.2 Market Size & Forecast
13.6.3 Market By Geography
14 Geography
14.1 Market Snapshot & Growth Engine
14.2 Geographic Overview
15 North America
15.1 Market Overview
15.1.1 Key Trends In Family Offices – North America
15.2 Market Size & Forecast
15.3 Type
15.3.1 Market Size & Forecast
15.4 Asset Classification
15.4.1 Market Size & Forecast
15.5 Key Countries
15.5.1 US: Market Size & Forecast
15.5.2 Canada: Market Size & Forecast
16 Europe
16.1 Market Overview
16.1.1 Western Europe
16.1.2 Eastern Europe
16.1.3 Key Trends In Family Offices – Europe
16.2 Market Size & Forecast
16.3 Type
16.3.1 Market Size & Forecast
16.4 Asset Classification
16.4.1 Market Size & Forecast
16.5 Key Countries
16.5.1 Germany: Market Size & Forecast
16.5.2 France: Market Size & Forecast
16.5.3 UK: Market Size & Forecast
16.5.4 Italy: Market Size & Forecast
16.5.5 Rest Of Europe: Market Size & Forecast
17 APAC
17.1 Market Overview
17.1.1 Key Trends In Family Offices – APAC
17.2 Market Size & Forecast
17.3 Type
17.3.1 Market Size & Forecast
17.4 Asset Classification
17.4.1 Market Size & Forecast
17.5 Key Countries
17.5.1 China: Market Size & Forecast
17.5.2 India: Market Size & Forecast
17.5.3 Japan: Market Size & Forecast
17.5.4 Singapore: Market Size & Forecast
17.5.5 Rest Of APAC: Market Size & Forecast
18 Middle East & Africa
18.1 Market Overview
18.2 Market Size & Forecast
18.3 Type
18.3.1 Market Size & Forecast
18.4 Asset Classification
18.4.1 Market Size & Forecast
18.5 Key Countries
18.5.1 UAE: Market Size & Forecast
18.5.2 Saudi Arabia: Market Size & Forecast
18.5.3 Rest Of The Middle East & Africa: Market Size & Forecast
19 Latin America
19.1 Market Overview
19.2 Market Size & Forecast
19.3 Type
19.3.1 Market Size & Forecast
19.4 Asset Classification
19.4.1 Market Size & Forecast
19.5 Key Countries
19.5.1 Brazil: Market Size & Forecast
19.5.2 Mexico: Market Size & Forecast
19.5.3 Rest Of Latin America: Market Size & Forecast
20 Competitive Landscape
20.1 Competition Overview
21 Major Vendors
21.1 BAYSHORE GLOBAL MANAGEMENT
21.1.1 Business Overview
21.2 BEZOS EXPEDITION
21.2.1 Business Overview
21.3 CASCADE INVESTMENT LLC
21.3.1 Business Overview
21.4 EUCLIDEAN CAPITAL
21.4.1 Business Overview
21.5 EMERSON COLLECTIVE
21.5.1 Business Overview
21.6 HILLSPIRE
21.6.1 Business Overview
21.7 KIRKBI
21.7.1 Business Overview
21.8 MOUSSE PARTNERS
21.8.1 Business Overview
21.9 MSD CAPITAL
21.9.1 Business Overview
21.10 INVUS Group
21.10.1 Business Overview
21.11 PROMETHEUS CAPITAL
21.11.1 Business Overview
21.12 SOROS FUND MANAGEMENT
21.12.1 Business Overview
21.13 SUNRISE CAPITAL MANAGEMENT
21.13.1 Business Overview
21.14 STORONSKY FAMILY
21.14.1 Business Overview
21.15 GROSVENOR ESTATE
21.15.1 Business Overview
21.16 VULCAN
21.16.1 Business Overview
21.17 WAH HIN AND COMPANY
21.17.1 Business Overview
21.18 WALON ENTERPRISE LLC
21.18.1 Business Overview
21.19 WEYBOURNE GROUP
21.19.1 Business Overview
21.20 WILLETT ADVISORS LLC
21.20.1 Business Overview
21.21 WU CAPITAL
21.21.1 Business Overview
21.22 YF CAPITAL
21.22.1 Business Overview
21.23 YOOVIDHYA FAMILY OFFICE
21.23.1 Business Overview
22 Report Summary
22.1 Key Takeaways
22.2 Strategic Recommendations
23 Quantitative Summary
23.1 Market By Geography
23.2 North America
23.2.1 Market Size & Forecast: Type
23.2.2 Market Size & Forecast: Asset Classification
23.3 Europe
23.3.1 Market Size & Forecast: Type
23.3.2 Market Size & Forecast: Asset Classification
23.4 APAC
23.4.1 Market Size & Forecast: Type
23.4.2 Market Size & Forecast: Asset Classification
23.5 Middle East & Africa
23.5.1 Market Size & Forecast: Type
23.5.2 Market Size & Forecast: Asset Classification
23.6 Latin America
23.6.1 Market Size & Forecast: Type
23.6.2 Market Size & Forecast: Asset Classification
23.7 Market By Type
23.8 Market By Asset Classification
24 Appendix
24.1 Abbreviations

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