How big is the family office market | Insights & Growth 2025

Q: How big is the family office market size?

The family office market is projected to reach USD 29.7 billion by 2031.

Q: What is the expected CAGR of the family office market?

The family office market is expected to grow at a CAGR of 9.0% during the forecast period.

Q: What services do family offices typically offer?

They offer investment management, estate planning, tax services, philanthropy strategy, and family governance support.

Q: Why are multi-family offices gaining popularity?

They provide cost efficiency, shared expertise, and scalability, making them attractive to families seeking professional management.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

Code: MTA6046

Publication Date: Jul 2025

How big is the family office market?

According to 6Wresearch internal database and industry insights, Global family office market was valued at approximately USD 16.2 billion in 2024 and is projected to reachUSD 29.7 billion by 2031, expanding at aCAGR of 9.0% during the forecast period.

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The market is growing due to the rise in worldwide ultra-high-net-worth individuals increasing demand for legacy planning, and customized wealth management. Additionally, diversification across asset classes, impact investing, and direct private equity involvement are key trends driving expansion.

Key Growth Factors of the Family Office Market

The number of extremely wealthy people worldwide is growing.
Growth in alternative and impact investment allocations
An increase in the need for customised financial and succession planning
The growth of family-owned enterprises
Using technologically advanced tools for portfolio management
Turning attention to wealth transfer between generations

Family Office Market Trends

Single-family offices are increasingly shifting towards multi-family office structures for resource optimization. Digital assets, real estate diversification, and ESG investing are all gaining popularity. It is now commonplace to integrate AI tools for cybersecurity improvement and portfolio monitoring.

Emerging Developments in the Family Office Market

Emerging Developments in the family office market include AI-based investment advisory platforms, virtual family offices, and blockchain-enabled asset tracking. There is also growing professionalization with C-suite hires, family governance tools, and strategic philanthropy becoming central to family office operations