Press release
Family Offices Market Analysis, Industry Size And Forecast 2023 To 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Family Offices Global Market Report 2023 identifies increasing need for wealth management as the major driver for the Family Offices market's growth in the forecast period. Wealth management refers to the professional services and strategies employed to help individuals or families preserve, grow, and manage wealth. Family offices are growing by providing a broader range of sophisticated financial services and expertise to meet the complex needs of high-net-worth individuals and families. The benefit of a family office in wealth management is the provision of highly personalized and comprehensive financial services tailored to the specific needs and goals of affluent families, facilitating the preservation, growth, and efficient management of their wealth across generations. For instance, in June 2022, according to Global Family Office Report 2022 by UBS Group AG, a Switzerland-based investment banking company, over 80% of family offices invested in private equity, with a growing number making direct investments yearly.
The global family offices market size is expected to grow from $17.28 billion in 2022 to $18.33 billion in 2023 at a compound annual growth rate (CAGR) of 6.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global family offices market size is expected to reach $22.52 billion in 2027 at a CAGR of 5.3%.
Download Free Sample Of Family Offices Market Report - https://www.thebusinessresearchcompany.com/sample_request?id=10808&type=smp
Major competitors in the Family Offices market are Cascade Investment Group Inc., MSD Partners LP, Stonehage Fleming Group, Glenmede Trust Co, The Bessemer Group Incorporated., The Bank of New York Mellon Corporation, UBS Group AG, BMO Financial Group
A key trend in the Family Offices market includes Disruptive technology. Major companies operating in the family offices market frequently focus on disruptive technology to stay competitive by increasingly adopting them. For Instance, in October 2022, Raffles Family Office, China-based multi-family office that offers investment management services, launched Revo Digital Family Office. It is a next-generation platform that enables ultra-high-net-worth families to access and invest in digital assets.
Read More On TheGlobal Family Offices Market Report Here: https://www.thebusinessresearchcompany.com/report/family-offices-global-market-report
The Family Offices market is segmented -
•By Type: Single Family Office, Multi-Family Office, Virtual Family Office
•By Asset Class: Bonds, Equities, Alternative Investments, Commodities, Cash Or Cash Equivalents
•By Office: Founders' Office, Multi-Generational Office, Investment Office, Trustee Office, Compliance Office, Philanthropy Office, Shareholder's Office, Other Offices
•By Office: Founders' Office, Multi-Generational Office, Investment Office, Trustee Office, Compliance Office, Philanthropy Office, Shareholder's Office, Other Offices
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Family Offices market.
The Business Research Company's "Global Family Offices Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
Explore Buying Options For The Family Offices Market Report Here:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=10808
The Table Of Content For The Family Offices Market Include:
1. Executive Summary
2. Family Offices Market Characteristics
3. Family Offices Market Trends And Strategies
4. Family Offices Market - Macro Economic Scenario
5. Family Offices Market Size And Growth
....................
26. Africa Family Offices Market
27. Family Offices Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Family Offices Market
29. Family Offices Market Future Outlook and Potential Analysis
30. Appendix
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn:https://in.linkedin.com/company/the-business-research-company
Twitter:https://twitter.com/tbrc_info
Facebook:https://www.facebook.com/TheBusinessResearchCompany
YouTube:https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog:https://blog.tbrc.info/
Healthcare Blog:https://healthcareresearchreports.com/
Global Market Model:https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases:https://www.thebusinessresearchcompany.com/press-release.aspx
WantTo Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultantsspecialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Family Offices Market Analysis, Industry Size And Forecast 2023 To 2032 here
News-ID: 3301064 • Views: …
More Releases from The Business research company
Booming Construction Activity Drives Growth of the Voice Gender Conversion Artif …
What Will the Voice Gender Conversion Artificial Intelligence (AI) Market Size Reach by 2025?
The sphere of artificial intelligence dedicated to voice gender conversion has witnessed remarkable, rapid expansion lately, projected to ascend from a valuation of $1.06 billion in 2024 to $1.33 billion the following year, exhibiting a compound annual growth rate of 25.5%. This historical upward trajectory is fueled significantly by the wider integration of AI within the media…
Future of the Vertical Video Templates Marketplaces Market: Key Innovations and …
What Market Value Will the Vertical Video Templates Marketplaces Industry Achieve by 2025?
The market for vertical video templates has experienced substantial expansion lately, projected to move from a valuation of $1.24 billion in the year 2024 to reach $1.45 billion by 2025, reflecting a compound annual growth rate (CAGR) of 16.7%. This historical upward trajectory is primarily fueled by several key factors: a widespread embrace of brief video formats, the…
Global Vector Index Freshness Management Market Expected to Grow at 22.5% CAGR, …
What Will the Vector Index Freshness Management Market Size Reach by 2025?
The market valuation for vector index freshness management has experienced rapid expansion lately, escalating from a figure of $1.35 billion in 2024 to an anticipated $1.65 billion just one year later in 2025, reflecting a compound annual growth rate (CAGR) of 22.8%; this substantial historical uplift is primarily fueled by the amplified deployment of large language models, heightened attention…
2025-2034 User-Generated Content Rights Platform Market Evolution: Emerging Oppo …
"What Is the Projected Size of the User-Generated Content Rights Platform Market by 2025?
The market encompassing platforms for user-generated content rights has seen rapid expansion lately, projected to increase its valuation from 1.74 billion US dollars in 2024 to 2.15 billion US dollars the subsequent year, reflecting a compound annual growth rate (CAGR) of 23.3%. This historical expansion primarily stems from several contributing factors, notably the surge in digitally produced…
More Releases for Office
Global Small Office Home Office (SOHO) Servers Market Size by Application, Type, …
According to Market Research Intellect, the global Small Office Home Office (SOHO) Servers market under the Internet, Communication and Technology category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period.
The Small Office Home Office (SOHO) servers market is witnessing steady growth due to…
Leading NZ Company Discount Office Expands Office Supplies Range
Discount Office, a leading online office supplies store based In Auckland, has launched ranges of office supplies, including office furniture, office chairs and desks, as more Kiwi offices look to enhance productivity among employees with more staff returning to offices.
Image: https://www.getnews.info/uploads/9d166850141f75e8f2219a6c3e4d29e3.png
As more offices in New Zealand implement return-to-office policies following shifts in workforce dynamics, Discount Office [https://discountoffice.co.nz/] has unveiled its "Back to Office" promotion, offering high-quality office supplies [https://discountoffice.co.nz/collections/office-supplies] and…
Office Suite Tools Market Size in 2023 To 2029 | Apache Open Office, Ashampoo Of …
The primary objective of the Office Suite Tools market report is to offer a comprehensive comprehension of the overall market, ensuring that industry finances are kept up-to-date and informed decisions can be made. Moreover, it furnishes data on market share, market size, growth drivers, and the influence of the COVID-19 pandemic on both small and large-scale industries. Essential market aspects such as distribution channels and industry pricing system, along with…
Open Up Office Virtual Office & Coworking Sapces
We are the Open Up Office family.
The “Customer” and “Solution” based company, Open Up Office was founded in May 2011 and since then adding value by the services it offers to its business partners.
Open Up Office is a community of entrepreneurs and creative professionals. In the Open Up Office where you develop your ideas and are free to work, it is our job to support your creativity and cooperation.
Our clients…
Office Cleaning Sacramento launches 'Clean Office. Happy Office' Campaign
Sacramento, California, USA. April 22, 2012: Office Cleaning Sacramento, one of the leading commercial cleaning services in Sacramento, has announced the launch of its brand new 'Clean Office. Happy Office' campaign and reach out to the various commercial establishments in the city more proactively. The aim of the campaign is to encourage the commercial establishments in the city to provide for a better environment and healthy working conditions to their…
The moving office website, Help Moving Office, offers businesses a valuable Offi …
Help Moving Office, the moving office website, is pleased to announce the launch of its new Office Removals Checklist to help companies manage the actual office removals process. The physical move is a crucial element of the office relocation process – and is very often the part on which the whole office move project gets judged. The essential Office Removals Checklist is the easiest way to get everything done…
