Family office market, By product (Single Family Office, Multi Family Office And Virtual Family Office), By Asset Class of Investment (Bonds, Equities, Commodities And Cash), By Regions, And Segment Forecasts, 2020 - 2027
Published Date: Aug 2020
No. of Pages: 180
Status: Published
Report Code: ARI100905
Summary
Family office market is anticipated to develop from XX million USD to XX million USD at a CAGR of xx% during the forecast period. Average Assets under Management by a family office stands at XXX Million USD in 2019, whereas the average net worth of such families stands at XX billion USD. The number of family offices grew significantly in recent years because of increase in the wealth addition by the individual families across the globe.
Family office is a company that handles investment and wealth management for a wealthy family. The families having more than 100 Million USD investable assets and having the goal to augment the wealth effectively those accounts are handling by the family office. Family offices have become the primary choice to protect and maintain assets for future generations. The family office may manage task such as household staff, making travel arrangements, family governance, management legal staff, etc. The objective of the family office is defined clearly that, for who they are working that family should function effectively.
Family office market prominent companies such as Glenmede, Wilmington Trust (M&T Bank), Atlantic Trust (CIBC), Hawthorn (PNC Financial), U.S. Trust Family Office (Bank of America), Stonehage Fleming Family & Partners, Abbot Downing (a Wells Fargo Business), Pictet, Cambridge Associates, UBS Global Family Office Group, BNY Mellon Wealth Management, Bessemer Trust, Northern Trust, HSBC Private Bank, Citi Private Bank.
Analysts Commentary:
Globalization is the major key factor, which supports family-owned small businesses to achieve exponential growth. In addition, wealth kept growing of these small businesses ultimately they turned into empires. Because of this the family office predicted to boom its shares in the forecast period from 2019 – 2026
Moreover, as COVID-19 impacted large banks were hit by the financial crisis, are now turning their attention to the family office segment. This will led to growth of the family office market in coming years. In addition, broader and diversify portfolios such as private equity and real estate are most favourite investment alternative among in the family offices. Family offices traded in real estate are mainly targeting investment in high-risk/high-return strategies. Because of this more families are taking help from family offices to augment their wealth in minimal time period. It will also boost the overall family office market.
Segmentation:
The Global family office has been segmented into product, asset class of investment and geography. On the basis of product it will segmented into single family office, multi family office and virtual family office. On the basis of asset class of investment it will further categorized into bonds, equities, commodities, and cash. Based on the geography the marketplace divide into North America, Europe, Asia-Pacific and LAMEA.
Regional Analysis:
At present, there are 7,300 family offices worldwide, an increase of XX% in the last two years. North America had the largest market of family offices, with 3,200 or 42% of the total, while, and Europe had 2,300 or 32% and Asia-Pacific had 1,300 offices or 18%. And the rest of 600 offices work efficiently in the growing marketplace such as South America, Africa, and the Middle East.
Geographically, North America has great growing marketplace in the estimated time period. Innovation, entrepreneurship skills and a technological boom are the key factor for economic expansion, this lead to an increase in ultra-high net worth individuals and a growing trend for wealth holders to establish family offices the greater control over their investments.
Asia Pacific and the Emerging Markets like South America, Africa, and the Middle East are experience the greatest expansion of family office market. Beside, of growth in business which is leading to a rise in the exceedingly high net worth population, subsequently it shows the growth of family office in the hubs like Hong Kong, Singapore, Dubai and India.
TABLE OF CONTENTS
Chapter 1. Executive Summary
Chapter 2. Research Methodology
2.1. Research approach
2.2. Scope, definition, and assumptions
2.3. Data Component
2.3.1. Secondary Component
2.3.1.1. Preliminary data mining
2.3.2. Primary Component
2.3.2.1. Statistical Model
2.3.2.2. Data Triangulation
2.3.2.3. Research Objective
Chapter 3. Market Outlook
3.1. Introduction
3.2. Key trends
3.2.1. xx
3.3. Market drivers
3.3.1. Impact analysis of Market Drivers
3.4. Market restraints
3.4.1. Impact analysis of Market Restraints
3.5. Market opportunities
3.5.1. Impact analysis of Market Opportunities
3.6. Market Challenges
3.6.1. Impact analysis of Market Trends
3.7. Porter’s Five Forces’ analysis
3.7.1. Bargaining Power of Suppliers
3.7.2. Bargaining Power of Buyers
3.7.3. Threat of New Entrant
3.7.4. Threat of Substitutes
3.7.5. High Competitive Rivalry
3.8. Value chain analysis
Chapter 4. COVID-19 Impact On Family Office Market
Chapter 5. Global Family Office Market Overview, By Product, 2015 - 2027(USD Million)
5.1. Global Family Office Market Share, By Product, 2015 - 2027 (USD Million)
5.1.1. Single Family Office
5.1.1.1. Market Size and Projections,2015 - 2027 (USD Million)
5.1.1.2. Market Size and Projections, by Region, 2015 - 2027 (USD Million)
5.1.2. Multi Family Office
5.1.2.1. Market Size and Projections,2015 - 2027 (USD Million)
5.1.2.2. Market Size and Projections, by Region, 2015 - 2027 (USD Million)
5.1.3. Virtual Family Office
5.1.3.1. Market Size and Projections,2015 - 2027 (USD Million)
5.1.3.2. Market Size and Projections, by Region, 2015 - 2027 (USD Million)
Chapter 6. Global Family Office Market Overview, By Asset Class of Investment, 2015 - 2027(USD Million)
6.1. Global Family Office Market Share, By Asset Class of Investment, 2015 - 2027 (USD Million)
6.1.1. Bonds
6.1.1.1. Market Size and Projections,2015 - 2027 (USD Million)
6.1.1.2. Market Size and Projections, by Region, 2015 - 2027 (USD Million)
6.1.2. Equities
6.1.2.1. Market Size and Projections, 2015 - 2027 (USD Million)
6.1.2.2. Market Size and Projections, by Region, 2015 - 2027 (USD Million)
6.1.3. Commodities
6.1.3.1. Market Size and Projections, 2015 - 2027 (USD Million)
6.1.3.2. Market Size and Projections, by Region, 2015 - 2027 (USD Million)
6.1.4. Cash
6.1.4.1. Market Size and Projections, 2015 - 2027 (USD Million)
6.1.4.2. Market Size and Projections, by Region, 2015 - 2027 (USD Million)
Chapter 7. Global Family Office Market Overview, By Geography, 2015 - 2027(USD Million)
7.1. Global Family Office Market Share, By Geography, 2015 - 2027(USD Million)
7.1.1. Market Size and projections, by Countries, 2015 - 2027 (USD Million)
7.1.2. Market Share and CAGR Comparison, by Countries, 2020 - 2027 (%)
Chapter 8. North America Family Office Market Overview, By Countries, 2015 - 2027(USD Million)
8.1. North America Family Office Market Overview, 2015 - 2027 (USD Million)
8.1.1. Market Size and projections, 2015 - 2027 (USD Million)
8.1.2. North America Family Office Market Overview, By Product, 2015 - 2027 (USD Million)
8.1.3. North America Family Office Market Overview, By Asset Class of Investment, 2015 - 2027 (USD Million)
8.1.4. North America Family Office Market Overview, By Countries, 2015 - 2027 (USD Million)
8.1.4.1. U.S. Family Office Market Overview, 2015 - 2027 (USD Million)
8.1.4.1.1. Market Size and projections, 2015 - 2027 (USD Million)
8.1.4.1.2. U.S. Family Office Market Overview, By Product, 2015 - 2027 (USD Million)
8.1.4.1.3. U.S. Family Office Market Overview, By Asset Class of Investment, 2015 - 2027 (USD Million)
8.1.4.2. Canada Family Office Market Overview, 2015 - 2027 (USD Million)
8.1.4.2.1. Market Size and projections, 2015 - 2027 (USD Million)
8.1.4.2.2. Canada Family Office Market Overview, By Product, 2015 - 2027 (USD Million)
8.1.4.2.3. Canada Family Office Market Overview, By Asset Class of Investment, 2015 - 2027 (USD Million)
8.1.4.3. Mexico Family Office Market Overview, 2015 - 2027 (USD Million)
8.1.4.3.1. Market Size and projections, 2015 - 2027 (USD Million)
8.1.4.3.2. Mexico Family Office Market Overview, By Product, 2015 - 2027 (USD Million)
8.1.4.3.3. Mexico Family Office Market Overview, By Asset Class of Investment, 2015 - 2027 (USD Million)
Chapter 9. Europe Family Office Market Overview, By Countries, 2015 - 2027(USD Million)
9.1. Europe Family Office Market Overview, 2015 - 2027 (USD Million)
9.1.1. Market Size and projections, 2015 - 2027 (USD Million)
9.1.2. Europe Family Office Market Overview, By Product, 2015 - 2027 (USD Million)
9.1.3. Europe Family Office Market Overview, By Asset Class of Investment, 2015 - 2027 (USD Million)
9.1.4. Europe Skin Care Sizes Market Overview, By Countries, 2015 - 2027 (USD Million)
9.1.4.1. Germany
9.1.4.1.1. Market Size and projections, 2015 - 2027 (USD Million)
9.1.4.1.2. Germany Family Office Market Overview, By Product, 2015 - 2027(USD Million)
9.1.4.1.3. Germany Family Office Market Overview, By Asset Class of Investment, 2015 - 2027(USD Million)
9.1.4.2. France
9.1.4.2.1. Market Size and projections, 2015 - 2027 (USD Million)
9.1.4.2.2. France Family Office Market Overview, By Product, 2015 - 2027(USD Million)
9.1.4.2.3. France Family Office Market Overview, By Asset Class of Investment, 2015 - 2027(USD Million)
9.1.4.3. UK
9.1.4.3.1. Market Size and projections, 2015 - 2027 (USD Million)
9.1.4.3.2. UK Family Office Market Overview, By Product, 2015 - 2027(USD Million)
9.1.4.3.3. UK Family Office Market Overview, By Asset Class of Investment, 2015 - 2027(USD Million)
9.1.4.4. Italy
9.1.4.4.1. Market Size and projections, 2015 - 2027 (USD Million)
9.1.4.4.2. Italy Family Office Market Overview, By Product, 2015 - 2027(USD Million)
9.1.4.4.3. Italy Family Office Market Overview, By Asset Class of Investment 2015 - 2027(USD Million)
9.1.4.5. Spain
9.1.4.5.1. Market Size and projections, 2015 - 2027 (USD Million)
9.1.4.5.2. Spain Family Office Market Overview, By Product, 2015 - 2027(USD Million)
9.1.4.5.3. Spain Family Office Market Overview, By Asset Class of Investment, 2015 - 2027(USD Million)
9.1.4.6. Rest of Europe
9.1.4.6.1. Market Size and projections, 2015 – 2027
9.1.4.6.2. Rest of Europe Family Office Market Overview, By Product, 2015 - 2027(USD Million)
9.1.4.6.3. Rest of Europe Family Office Market Overview, By Asset Class of Investment, 2015 - 2027(USD Million)
Chapter 10. Asia Pacific Family Office Market Overview, By Countries, 2015 - 2027 (USD Million)
10.1. Asia Pacific Family Office Market Overview, 2015 - 2027 (USD Million)
10.1.1. Market Size and projections, 2015 - 2027 (USD Million)
10.1.2. Asia Pacific Family Office Market Overview, By Product, 2015 - 2027 (USD Million)
10.1.3. Asia Pacific Family Office Market Overview, By Asset Class of Investment, 2015 - 2027 (USD Million)
10.1.4. Asia Pacific Family Office Market Overview, By Countries, 2015 - 2027 (USD Million)
10.1.4.1. India
10.1.4.1.1. Market Size and projections, 2015 - 2027 (USD Million)
10.1.4.1.2. India Family Office Market Overview, By Product, 2015 - 2027(USD Million)
10.1.4.1.3. India Family Office Market Overview, By Asset Class of Investment, 2015 - 2027 (USD Million)
10.1.4.2. China
10.1.4.2.1. Market Size and projections, 2015 - 2027(USD Million)
10.1.4.2.2. China Family Office Market Overview, By Product, 2015 - 2027(USD Million)
10.1.4.2.3. China Family Office Market Overview, By Asset Class of Investment, 2015 - 2027 (USD Million)
10.1.4.3. Japan
10.1.4.3.1. Market Size and projections, 2015 - 2027 (USD Million)
10.1.4.3.2. Japan Family Office Market Overview, By Product, 2015 - 2027(USD Million)
10.1.4.3.3. Japan Family Office Market Overview, By Asset Class of Investment, 2015 - 2027(USD Million)
10.1.4.4. South Korea
10.1.4.4.1. Market Size and projections, 2015 - 2027(USD Million)
10.1.4.4.2. South Korea Family Office Market Overview, By Product, 2015 - 2027(USD Million)
10.1.4.4.3. South Korea Family Office Market Overview, By Asset Class of Investment, 2015 - 2027 (USD Million)
10.1.4.5. Rest of Asia Pacific
10.1.4.5.1. Market Size and projections, 2015 - 2027 (USD Million)
10.1.4.5.2. Rest of Asia Pacific Family Office Market Overview, By Product, 2015 - 2027(USD Million)
10.1.4.5.3. Rest of Asia Pacific Family Office Market Overview, By Asset Class of Investment, 2015 - 2027 (USD Million)
Chapter 11. Middle East & Africa Family Office Market Overview, By Countries, 2015 - 2027 (USD Million)
11.1. Middle East & Africa Family Office Market Overview, 2015 - 2027 (USD Million)
11.1.1. Market Size and projections, 2015 - 2027 (USD Million)
11.1.2. Middle East & Africa Family Office Market Overview, By Product, 2015 - 2027 (USD Million)
11.1.3. Middle East & Africa Family Office Market Overview, By Asset Class of Investment, 2015 - 2027 (USD Million)
11.1.4. Middle East & Africa Family Office Market Overview, By Countries, 2015 - 2027 (USD Million)
11.1.4.1. GCC
11.1.4.1.1. Market Size and projections, 2015 - 2027 (USD Million)
11.1.4.1.2. GCC Family Office Market Overview, By Product, 2015 - 2027 (USD Million)
11.1.4.1.3. GCC Family Office Market Overview, By Asset Class of Investment, 2015 - 2027 (USD Million)
11.1.4.2. South Africa
11.1.4.2.1. Market Size and projections, 2015 - 2027 (USD Million)
11.1.4.2.2. South Africa Family Office Market Overview, By Product, 2015 - 2027 (USD Million)
11.1.4.2.3. South Africa Family Office Market Overview, By Asset Class of Investment, 2015 - 2027 (USD Million)
11.1.4.3. Rest of Middle East & Africa
11.1.4.3.1. Market Size and projections, 2015 - 2027 (USD Million)
11.1.4.3.2. Rest of Middle East & Africa Family Office Market Overview, By Product, 2015 - 2027 (USD Million)
11.1.4.3.3. Rest of Middle East & Africa Family Office Market Overview, By Asset Class of Investment, 2015 - 2027 (USD Million)
Chapter 12. South America Family Office Market Overview, By Countries, 2015 - 2027 (USD Million)
12.1. South America Family Office Market Overview, 2015 - 2027 (USD Million)
12.1.1. Market Size and projections, 2015 - 2027 (USD Million)
12.1.2. South America Family Office Market Overview, By Product, 2015 - 2027 (USD Million)
12.1.3. South America Family Office Market Overview, By Asset Class of Investment, 2015 - 2027 (USD Million)
12.1.4. South America Family Office Market Overview, By Countries, 2015- 2026 (USD Million)
12.1.5. Brazil
12.1.5.1. Market Size and projections, 2015 - 2027 (USD Million)
12.1.5.2. Brazil Family Office Market Overview, By Product, 2015 - 2027 (USD Million)
12.1.5.3. Brazil Family Office Market Overview, By Asset Class of Investment, 2015 - 2027 (USD Million)
12.1.6. Argentina
12.1.6.1. Market Size and projections, 2015 - 2027 (USD Million)
12.1.6.2. Argentina Family Office Market Overview, By Product, 2015 - 2027 (USD Million)
12.1.6.3. Argentina Family Office Market Overview, By Asset Class of Investment, 2015 - 2027 (USD Million)
12.1.7. Rest of South America
12.1.7.1. Market Size and projections, 2015 – 2027
12.1.7.2. Rest of South America Family Office Market Overview, By Product, 2015 - 2027 (USD Million)
12.1.7.3. Rest of South America Family Office Market Overview, By Asset Class of Investment, 2015 - 2027 (USD Million)
Chapter 13. Competitive Landscape
13.1. Competitive environment, 2021
13.2. Strategic framework
13.2.1. Partnership/agreement
13.2.2. Expansion
13.2.3. Mergers & Acquisitions
13.2.4. New Size development
Chapter 14. Key Vendor Analysis
14.1. Glenmede
14.1.1. Company overview
14.1.2. Financial perProductance
14.1.3. Product Benchmarking
14.1.4. Recent initiatives
14.1.5. SWOT analysis
14.2. Wilmington Trust (M&T Bank)
14.2.1. Company overview
14.2.2. Financial perProductance
14.2.3. Product Benchmarking
14.2.4. Recent initiatives
14.2.5. SWOT analysis
14.3. Atlantic Trust (CIBC)
14.3.1. Company overview
14.3.2. Financial perProductance
14.3.3. Product Benchmarking
14.3.4. Recent initiatives
14.4. Hawthorn (PNC Financial)
14.5. U.S. Trust Family Office (Bank of America)
14.6. Stonehage Fleming Family & Partners
14.7. Abbot Downing (a Wells Fargo Business)
14.8. Pictet
14.9. Cambridge Associates
14.10. UBS Global Family Office Group
14.11. others
Chapter 15. Sourcing Strategy and Downstream Buyers
15.1. Family Office Market Chain Analysis
15.2. Upstream Size Sourcing
15.3. Family Office Market Major Manufacturers in 2021
15.4. Downstream Buyers
Chapter 16. Marketing Strategy Analysis, Distributors/Traders
16.1. Marketing Channel
16.1.1. Direct Marketing
16.1.2. Indirect Marketing
16.1.3. Marketing Channel Development Trend
16.2. Market Positioning
16.2.1. Pricing Strategy
16.2.2. Brand Strategy
16.2.3. Target Client
16.3. Distributors/Traders List
Chapter 17. Market Effect Factors Analysis
17.1. Technology Progress/Risk
17.1.1. Substitutes Threat
17.1.2. Technology Progress in Related Size
17.2. Consumer Needs/Customer Preference Change
17.3. Economic/Political Environmental Change
Chapter 18. Future Outlook of the Market
Disclaimer
List of Figures
1. Market segmentation
2. Value chain analysis
3. Porter’s Five Forces’ analysis
4. Power of Suppliers
5. Power of Buyers
6. Threat of New Entrants
7. Threat of Substitute
8. Competitive Rivalry
9. Global Family Office Market share, By Product, 2020 & 2027 (%)
10. Global Family Office Market share, by Single Family Office, By Product, 2015 - 2027 (USD Million)
11. Global Family Office Market share, by Multi Family Office, By Product, 2015 - 2027 (USD Million)
12. Global Family Office Market share, by Virtual Family Office, By Product, 2015 - 2027 (USD Million)
13. Global Family Office Market share, By Asset Class of Investment, 2020 & 2027 (%)
14. Global Family Office Market share, by Bonds, By Asset Class of Investment, 2015 - 2027 (USD Million)
15. Global Family Office Market share, by Equities, By Asset Class of Investment 2015 - 2027 (USD Million)
16. Global Family Office Market share, by Commodities, By Asset Class of Investment 2015 - 2027 (USD Million)
17. Global Family Office Market share, by Cash, By Asset Class of Investment 2015 - 2027 (USD Million)
18. Global Family Office Market share, by region, 2020 & 2027 (%)
19. Global Family Office Market share, by region, 2015 - 2027(USD Million)
20. North America Family Office Market, 2015 - 2027(USD Million)
21. North America Family Office Market share, by Countries, 2020 & 2027 (%)
22. U.S. Family Office Market, 2015 - 2027(USD Million)
23. Canada Family Office Market, 2015 - 2027(USD Million)
24. Mexico Family Office Market, 2015 - 2027(USD Million)
25. Europe Family Office Market, 2015 - 2027(USD Million)
26. Europe Family Office Market share, by Countries, 2020 & 2027 (%)
27. Spain Family Office Market, 2015 - 2027(USD Million)
28. UK Family Office Market, 2015 - 2027(USD Million)
29. Italy Family Office Market, 2015 - 2027(USD Million)
30. Germany Family Office Market, 2015 - 2027(USD Million)
31. France Family Office Market, 2015 - 2027(USD Million)
32. Rest of Europe Family Office Market, 2015 - 2027(USD Million)
33. Asia-Pacific Family Office Market, 2015 - 2027(USD Million)
34. Asia-Pacific Family Office Market share, by Countries, 2020 & 2027 (%)
35. China Family Office Market, 2015 - 2027(USD Million)
36. India Family Office Market, 2015 - 2027(USD Million)
37. Australia Family Office Market, 2015 - 2027(USD Million)
38. Japan Family Office Market, 2015 - 2027(USD Million)
39. Rest of Asia-Pacific Family Office Market, 2015 - 2027(USD Million)
40. Middle East & Africa Family Office Market, 2015 - 2027(USD Million)
41. Middle East & Africa Family Office Market share, by Countries, 2020 & 2027 (%)
42. GCC Family Office Market, 2015 - 2027(USD Million)
43. South Africa Family Office Market, 2015 - 2027(USD Million)
44. Rest Of Middle East & Africa Family Office Market, 2015 - 2027(USD Million)
45. South America Family Office Market, 2015 - 2027(USD Million)
46. Brazil Family Office Market, 2015 - 2027(USD Million)
47. Mexico Family Office Market, 2015 - 2027(USD Million)
48. Argentina Family Office Market, 2015 - 2027(USD Million)
49. Rest Of South America Family Office Market, 2015 - 2027(USD Million)
List of Tables
1. Impact of Market drivers
2. Impact of Market restraints
3. Global Family Office Market, 2015-2027 (USD Million)
4. Family Office requirement, by country, 2015-2027, (USD Million)
5. North America Family Office Market, By Product, 2015-2027 (USD Million)
6. North America Family Office Market, By Asset Class of Investment, 2015-2027 (USD Million)
7. Europe Family Office Market, By Product, 2015-2027 (USD Million)
8. Europe Family Office Market, By Asset Class of Investment, 2015-2027 (USD Million)
9. Asia Pacific Family Office Market, By Product, 2015-2027 (USD Million)
10. Asia Pacific Family Office Market, By Asset Class of Investment, 2015-2027 (USD Million)
11. Middle East & Africa Family Office Market, By Product, 2015-2027 (USD Million)
12. Middle East & Africa Family Office Market, By Asset Class of Investment, 2015-2027 (USD Million)
13. South America Family Office Market, By Product, 2015-2027 (USD Million)
14. South America Family Office Market, By Asset Class of Investment, 2015-2027 (USD Million)
15. Global Family Office Market, Company Market Share, 2020 - 2027 (%)
16. Glenmede: Product Benchmarking
17. Glenmede: Financial Performance
18. Wilmington Trust (M&T Bank): Product Benchmarking
19. Wilmington Trust (M&T Bank): Financial Performance
20. Atlantic Trust (CIBC).: Product Benchmarking
21. Atlantic Trust (CIBC).: Financial Performance
22. Hawthorn (PNC Financial): Product Benchmarking
23. Hawthorn (PNC Financial): Financial Performance
24. U.S. Trust Family Office (Bank of America): Product Benchmarking
25. U.S. Trust Family Office (Bank of America): Financial Performance
26. Stonehage Fleming Family & Partners: Product Benchmarking
27. Stonehage Fleming Family & Partners: Financial Performance
28. Abbot Downing (a Wells Fargo Business): Product Benchmarking
29. Abbot Downing (a Wells Fargo Business): Financial Performance
30. Pictet: Product Benchmarking
31. Pictet: Financial Performance
32. Cambridge Associates: Product Benchmarking
33. Cambridge Associates: Financial Performance
34. UBS Global Family Office Group: Product Benchmarking
35. UBS Global Family Office Group: Financial Performance
The Leading Key Players in Family Office Market
