Family offices is defined as private wealth management advisory firms which provides ultra-high-net-worth- investors. They are differ from traditional wealth management shops in that they provide total outsourced solution to managing the financial and investment of an individual or family.
Market Drivers
Rise in frequency of high network individuals is the key driving factor which is expected to boost the global family office market growth. Furthermore, increase in frequency of HNI due to financial services is fulfilled by wealth management firms and by private banks bur these demands are fulfilled by family offices which expected to propel the market growth during this forecast period. Moreover, rise in demand for family offices in developed countries will have the positive impact on market growth.
However, limited availability of family offices is the major restraining facto which is expected to hinder the global family office market growth.
Global Family Office Market is segmented into product type such as Single Family Office, Multi-Family Office, and Virtual Family Office. Further, market is segmented into services such as Financial Planning, Strategy, Governance, and Advisory.
Also, Global Family Office Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Various key players are discussed in this report such as BNY Mellon Wealth Management, Bessemer Trust, Northern Trust, Bessemer Trust, Citi Private Bank, HSBC Private Bank, Cambridge Associates, Pictet, Stonehage Fleming Family & Partners, and Glenmede
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
5.2 Global Family Office Market Share Analysis, By Product Type
5.3 Global Family Office Market Size and Forecast, By Product Type
5.3.1 Single Family Office
5.3.2 Multi Family Office
5.3.3Virtual Family Office
6.2 Global Family Office Market Share Analysis, By Services
6.3 Global Family Office Market Size and Forecast, By Services
6.3.1 Financial Planning
6.3.2 Strategy
6.3.3 Governance
6.3.4Advisory
6.3.5Others
7.2 Global Family Office Market Share Analysis, By Region
7.3 Global Family Office Market Size and Forecast, By Region
8.2 North America Family Office Market Share Analysis, By Product Type
8.3 North America Family Office Market Size and Forecast, By Services
8.4 North America Family Office Market Size and Forecast, By Country
8.4.1 U.S
8.4.2 Canada
8.4.3 Mexico
9.2 Europe Family Office Market Share Analysis, By Product Type
9.3 Europe Family Office Market Size and Forecast, By Services
9.4 Europe Family Office Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10.2 Asia Pacific Family Office Market Share Analysis, By Product Type
10.3 Asia Pacific Family Office Market Size and Forecast, By Services
10.4 Asia Pacific Family Office Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11.2 Latin America Family Office Market Share Analysis, By Product Type
11.3 Latin America Family Office Market Size and Forecast, By Services
11.4 Latin America Family Office Market Size and Forecast, By Country
12.2 Middle East Family Office Market Share Analysis, By Product Type
12.3 Middle East Family Office Market Size and Forecast, By Services
12.4 Middle East Family Office Market Size and Forecast, By Country
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
