Family offices are specialized advisory firms that manage the wealth of ultra-high-net-worth individuals (HNWI). Here are some key statistics and figures about family offices:

Number of Family Offices: There are approximately 8,030 single family offices globally as of 2024, up from around 6,130 in 2019. This number is projected to grow to over 10,720 by 2030. ( source : Deloitte Private’s Latest Report in its Family Office Insight)

Estimated number of family offices worldwide

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Assets Under Management (AUM): Family offices currently manage an estimated $3.1 trillion in assets. This figure is expected to rise to $5.4 trillion by 20301. (Source: Deloitte Private’s Latest Report in its Family Office Insight)

Wealth of Families: The total estimated wealth of families with family offices stands at $5.5 trillion, up from $3.3 trillion in 2019. This is projected to grow to $9.5 trillion by 20301. (Source: Deloitte Private’s Latest Report in its Family Office Insight)

Market Size: The global family office market size was approximately $12.9 billion in 2021 and is expected to reach $25.9 billion by 2031, exhibiting a compound annual growth rate (CAGR) of 7.21% during the forecast period2. （Source:  Business Research Insight, the market report.)

Growth Rate: The family office industry is expected to grow from $18.9 billion in 2024 to $25.93 billion by 2029, at a CAGR of 6.52%3. (Source: The Mordor Intelligence, the Industry Report)

Leadership: Women now serve as principals in 15% of family offices worldwide, indicating an increase in female leadership within these enterprises. (Source: Deloitte Private’s Latest Report in its Family Office Insight)

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