Family Office
September 13, 2022

Foreword from Ida Liu

September 13, 2022
Ida Liu
Global Head of Citi Private Bank

It gives me enormous pleasure to share the results of our 2022 Family Office Survey.

Having begun in 2018 as an informal, pen-and-paper poll of executives who attended our Family Office Leadership Program, the survey has continuously evolved. Today, the much more detailed results are gathered digitally and analyzed extensively. The resulting publication has become a widely anticipated insight into the thinking and behaviors of some of the diverse family offices we serve globally.

With the increasingly broad challenges that our clients face in mind, we added a significant number of new questions and introduced a benchmarking component this year. The results and analysis of this survey are complemented with the insights and thinking from sophisticated family office executives, who gathered in Washington D.C. in early June for our seventh annual Family Office Leadership Program. We were excited to bring this highly in-demand global forum back in person after a two-year virtual format.

Our practitioner-led sessions provided the 125 participating executives from over 30 countries, representing nearly half a trillion dollars in net worth, with deep insights in a time of extreme market volatility and global geopolitical uncertainty. We have made every effort to incorporate those perspectives throughout this report as well. 

Finally, I would like to thank everyone who generously gave their time to participate in the survey, and I hope you find the results as illuminating as we have. I also want to commend all our guest speakers who shared their perspectives freely with us during the program in D.C. and to my Family Office Group team members Alexandre Monnier and Ajay Kamath, who led the efforts organizing the program and publishing this report.

Thank you for the trust and confidence you place in the Private Bank.


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