Family offices are focusing on portfolio resilience, navigating global trade disputes, and professionalization
Our seventh annual Global Family Office Report provides fresh insights into how our sophisticated clients are preserving and growing generational wealth in today’s often unsettled world.
346
Single family office clients surveyed globally
45
countries around the world represented
$2.1B
average net worth of the families surveyed
Respondents were asked 50+ wide-ranging questions, probing their expectations for markets, how they have positioned their portfolios, the shifting risks they identify, and how they are operating and organizing themselves. They also gave extensive insights into the thinking and behaviors of the families they serve, including their ambitions and concerns, growing global footprints, and priorities for the next generation.
We believe our survey and this resulting report to be one of the most global and comprehensive studies in the industry. Notably, survey responses were gathered after April’s tariff-induced market turmoil, showcasing how guardians of generational wealth have adjusted their expectations and strategies in the face of heightened uncertainty.
Hannes Hofmann
Head, Global Family Office Group
These are exciting times for family offices worldwide. This report sheds light on how they are refining priorities, reimagining their operations, and seeking to build resilient portfolios. We are proud to partner with them, drawing upon Citi’s global reach and deep resources to help them seize potential opportunities and achieve their ambitious goals.
10 Key takeaways from the 2025 Global Family Office Report
Asset allocations largely held steady pending greater trade policy clarity
Optimistic outlook for 12-month portfolio returns despite tariff uncertainty
Active management was the main response to tariff-induced market volatility
Direct investments remain in high demand
Global trade tensions were this year’s top concern, replacing interest rates
Investment risk is generally well managed, other risks less so
Improvement needed in professionalization, such as in operational risk management and cybersecurity
Resource constraints are hindering progress toward addressing more family needs
More outsourcing to deliver services, but decision-making stays in-house
AI deployment within family office operations is becoming a reality
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We advise family offices of every size and structure and throughout the world. Whether you have or run a family office – or are thinking of establishing one – our dedicated specialists can guide you at every step.
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Speak to our team to review your family offices' holdings in comparison to the survey results.
