Family offices manage $5.9trn: Report

Pedro Gonçalves
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Family offices manage $5.9trn: Report

The number of family offices has risen by 38% over the past two years worldwide, with the firms overseeing assets valued at $5.9trn, according to advisory group Campden Wealth. "We estimate that there are now 7,300 single family offices worldwide, with 42% (or 3,100 offices) housed in North America, 32% (or 2,300 offices) in Europe, 18% (or 1,300 offices) in Asia-Pacific and 8% (or 600 offices) in the emerging markets of South America, Africa, and the Middle East," research director Rebecca Gooch...

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