The Top Ten Trends That Will Affect Family Offices In 2020 And Beyond.
Family offices, are facing some interesting times. Not only are existing single family offices growing and expanding along with the wealth under their management, but new ones are being formed. Family business exits, the desire to preserve family legacy and institutionalize businesses and tech entrepreneurs with a new wave of investable wealth are not only driving this trend but also reshaping traditional family office structures.
Couple this with technological advancements, market disruption, rapid growth particularly in Asia and the ever-changing global political and business environments and it's not difficult to see why many in the family office space are being challenged to re-examine their purpose and strategies.
As these evolving themes continue to shape family offices, the following ten trends are expected to have a significant impact on family offices in 2020 and beyond.
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