The growth of family offices: top trends and takeaways
$5.4 trillion. That's more than the U.S. plans to spend in 2024 on Social Security, Medicare and national defense combined. It's also the amount of assets family offices are predicted to have by 2030, surpassing even the growth of hedge funds.
With the growth of assets comes an expansion of horizons in terms of family office trends. This pertains not only to the types of investment vehicles chosen by family offices but also the level of involvement high net worth families and individuals have with those investments.