Global Family Office Market Status, Trends and COVID-19 Impact Report 2022
In the past few years, the Family Office market experienced a huge change under the influence
of COVID-19, the global market size of Family Office reached million $ in 2021 from in 2016
with a CAGR of from 2016-2021 is. As of now, the global COVID-19 Coronavirus Cases have
exceeded 200 million, and the global epidemic has been basically under control, therefore, the
World Bank has estimated the global economic growth in 2021 and 2022. The World Bank
predicts that the global economic output is expected to expand 4 percent in 2021while 3.8
percent in 2022. According to our research on Family Office market and global economic
environment, we forecast that the global market size of Family Office will reach million $ in
2026 with a CAGR of % from 2021-2026.
Due to the COVID-19 pandemic, according to World Bank statistics, global GDP has shrunk by
about 3.5% in 2020. Entering 2021, Economic activity in many countries has started to recover
and partially adapted to pandemic restrictions. The research and development of vaccines has
made breakthrough progress, and many governments have also issued various policies to
stimulate economic recovery, particularly in the United States, is likely to provide a strong boost
to economic activity but prospects for sustainable growth vary widely between countries and
sectors. Although the global economy is recovering from the great depression caused by
COVID-19, it will remain below pre-pandemic trends for a prolonged period. The pandemic has
exacerbated the risks associated with the decade-long wave of global debt accumulation. It is
also likely to steepen the long-expected slowdown in potential growth over the next decade.
The world has entered the COVID-19 epidemic recovery period. In this complex economic
environment, we published the Global Family Office Market Status, Trends and COVID-19 Impact
Report 2021, which provides a comprehensive analysis of the global Family Office market , This
Report covers the players’ data, including: revenue, gross margin, business distribution etc.,
these data help the consumer know about the competitors better. This report also covers all the
regions and countries of the world, which shows the regional development status, including
market size and value, as well as price data. Besides, the report also covers segment data,
including: type wise, industry wise, channel wise etc. all the data period is from 2015-2021E, this
report also provide forecast data from 2021-2026.
Section 1: 100 USD——Market Overview
Section (2 3): 1200 USD——Manufacturer Detail
HSBC Private Bank (Hong Kong, London)
Citi Private Bank (New York)
Northern Trust (Chicago)
Bessemer Trust (New York)
BNY Mellon Wealth Management (New York)
UBS Global Family Office Group (Zurich, London, Singapore, Hong Kong, New York)
Cambridge Associates (Boston)
Pictet (Geneva)
Stonehage Fleming Family & Partners (London)
CTC | myCFO (BMO Financial Group) (Chicago)
Abbot Downing (a Wells Fargo business) (Minneapolis)
U.S. Trust Family Office (Bank of America) (New York)
Hawthorn (PNC Financial) (Philadelphia)
Atlantic Trust (CIBC) (Atlanta)
Wilmington Trust (M&T Bank) (Wilmington, Delaware)
Glenmede (Philadelphia)
Section 4: 900 USD——Region Segmentation
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Other)
Asia Pacific (China, Japan, India, Korea, Southeast Asia)
Europe (Germany, UK, France, Spain, Italy)
Middle East and Africa (Middle East, Africa)
Section (5 6 7): 500 USD——
Product Type Segmentation (Single Family Office (SFO), Multi-Family Office (MFO), Virtual Family
Office (VFO) , , )
Application Segmentation (Financial Planning, Strategy, Governance, Advisory , )
Channel (Direct Sales, Distribution Channel) Segmentation
Section 8: 400 USD——Market Forecast (2021-2026)
Section 10: 700 USD——Downstream Customers
Section 11: 200 USD——Raw Material and Manufacturing Cost
Section 12: 500 USD——Conclusion
Section 13: Research Method and Data Source
of COVID-19, the global market size of Family Office reached million $ in 2021 from in 2016
with a CAGR of from 2016-2021 is. As of now, the global COVID-19 Coronavirus Cases have
exceeded 200 million, and the global epidemic has been basically under control, therefore, the
World Bank has estimated the global economic growth in 2021 and 2022. The World Bank
predicts that the global economic output is expected to expand 4 percent in 2021while 3.8
percent in 2022. According to our research on Family Office market and global economic
environment, we forecast that the global market size of Family Office will reach million $ in
2026 with a CAGR of % from 2021-2026.
Due to the COVID-19 pandemic, according to World Bank statistics, global GDP has shrunk by
about 3.5% in 2020. Entering 2021, Economic activity in many countries has started to recover
and partially adapted to pandemic restrictions. The research and development of vaccines has
made breakthrough progress, and many governments have also issued various policies to
stimulate economic recovery, particularly in the United States, is likely to provide a strong boost
to economic activity but prospects for sustainable growth vary widely between countries and
sectors. Although the global economy is recovering from the great depression caused by
COVID-19, it will remain below pre-pandemic trends for a prolonged period. The pandemic has
exacerbated the risks associated with the decade-long wave of global debt accumulation. It is
also likely to steepen the long-expected slowdown in potential growth over the next decade.
The world has entered the COVID-19 epidemic recovery period. In this complex economic
environment, we published the Global Family Office Market Status, Trends and COVID-19 Impact
Report 2021, which provides a comprehensive analysis of the global Family Office market , This
Report covers the players’ data, including: revenue, gross margin, business distribution etc.,
these data help the consumer know about the competitors better. This report also covers all the
regions and countries of the world, which shows the regional development status, including
market size and value, as well as price data. Besides, the report also covers segment data,
including: type wise, industry wise, channel wise etc. all the data period is from 2015-2021E, this
report also provide forecast data from 2021-2026.
Section 1: 100 USD——Market Overview
Section (2 3): 1200 USD——Manufacturer Detail
HSBC Private Bank (Hong Kong, London)
Citi Private Bank (New York)
Northern Trust (Chicago)
Bessemer Trust (New York)
BNY Mellon Wealth Management (New York)
UBS Global Family Office Group (Zurich, London, Singapore, Hong Kong, New York)
Cambridge Associates (Boston)
Pictet (Geneva)
Stonehage Fleming Family & Partners (London)
CTC | myCFO (BMO Financial Group) (Chicago)
Abbot Downing (a Wells Fargo business) (Minneapolis)
U.S. Trust Family Office (Bank of America) (New York)
Hawthorn (PNC Financial) (Philadelphia)
Atlantic Trust (CIBC) (Atlanta)
Wilmington Trust (M&T Bank) (Wilmington, Delaware)
Glenmede (Philadelphia)
Section 4: 900 USD——Region Segmentation
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Other)
Asia Pacific (China, Japan, India, Korea, Southeast Asia)
Europe (Germany, UK, France, Spain, Italy)
Middle East and Africa (Middle East, Africa)
Section (5 6 7): 500 USD——
Product Type Segmentation (Single Family Office (SFO), Multi-Family Office (MFO), Virtual Family
Office (VFO) , , )
Application Segmentation (Financial Planning, Strategy, Governance, Advisory , )
Channel (Direct Sales, Distribution Channel) Segmentation
Section 8: 400 USD——Market Forecast (2021-2026)
Section 10: 700 USD——Downstream Customers
Section 11: 200 USD——Raw Material and Manufacturing Cost
Section 12: 500 USD——Conclusion
Section 13: Research Method and Data Source
SECTION 1 FAMILY OFFICE MARKET OVERVIEW
1.1 Family Office Market Scope
1.2 COVID-19 Impact on Family Office Market
1.3 Global Family Office Market Status and Forecast Overview
1.3.1 Global Family Office Market Status 2016-2021
1.3.2 Global Family Office Market Forecast 2021-2026
SECTION 2 GLOBAL FAMILY OFFICE MARKET MANUFACTURER SHARE
2.2 Global Company Family Office Business Revenue
SECTION 3 MANUFACTURER FAMILY OFFICE BUSINESS INTRODUCTION
3.1 HSBC Private Bank (Hong Kong, London) Family Office Business Introduction
3.1.1 HSBC Private Bank (Hong Kong, London) Family Office Revenue and Gross margin
2016-2021
3.1.2 HSBC Private Bank (Hong Kong, London) Family Office Business Distribution by
Region
3.1.3 HSBC Private Bank (Hong Kong, London) Interview Record
3.1.4 HSBC Private Bank (Hong Kong, London) Family Office Business Profile
3.1.5 HSBC Private Bank (Hong Kong, London) Family Office Product Specification
3.2 Citi Private Bank (New York) Family Office Business Introduction
3.2.1 Citi Private Bank (New York) Family Office Revenue and Gross margin 2016-2021
3.2.2 Citi Private Bank (New York) Family Office Business Distribution by Region
3.2.3 Interview Record
3.2.4 Citi Private Bank (New York) Family Office Business Overview
3.2.5 Citi Private Bank (New York) Family Office Product Specification
3.3 Northern Trust (Chicago) Family Office Business Introduction
3.3.1 Northern Trust (Chicago) Family Office Revenue and Gross margin 2016-2021
3.3.2 Northern Trust (Chicago) Family Office Business Distribution by Region
3.3.3 Interview Record
3.3.4 Northern Trust (Chicago) Family Office Business Overview
3.3.5 Northern Trust (Chicago) Family Office Product Specification
3.4 Bessemer Trust (New York) Family Office Business Introduction
3.4.1 Bessemer Trust (New York) Family Office Revenue and Gross margin 2016-2021
3.4.2 Bessemer Trust (New York) Family Office Business Distribution by Region
3.4.3 Interview Record
3.4.4 Bessemer Trust (New York) Family Office Business Overview
3.4.5 Bessemer Trust (New York) Family Office Product Specification
3.5 BNY Mellon Wealth Management (New York) Family Office Business Introduction
3.6 UBS Global Family Office Group (Zurich, London, Singapore, Hong Kong, New York)
Family Office Business Introduction
3.7 Cambridge Associates (Boston) Family Office Business Introduction
3.8 Pictet (Geneva) Family Office Business Introduction
…
SECTION 4 GLOBAL FAMILY OFFICE MARKET SEGMENTATION (BY REGION)
4.1 North America Country
4.1.1 United States Family Office Market Size and Price Analysis 2016-2021
4.1.2 Canada Family Office Market Size and Price Analysis 2016-2021
4.1.3 Mexico Family Office Market Size and Price Analysis 2016-2021
4.2 South America Country
4.2.1 Brazil Family Office Market Size and Price Analysis 2016-2021
4.2.2 Argentina Family Office Market Size and Price Analysis 2016-2021
4.3 Asia Pacific
4.3.1 China Family Office Market Size and Price Analysis 2016-2021
4.3.2 Japan Family Office Market Size and Price Analysis 2016-2021
4.3.3 India Family Office Market Size and Price Analysis 2016-2021
4.3.4 Korea Family Office Market Size and Price Analysis 2016-2021
4.3.5 Southeast Asia Family Office Market Size and Price Analysis 2016-2021
4.4 Europe Country
4.4.1 Germany Family Office Market Size and Price Analysis 2016-2021
4.4.2 UK Family Office Market Size and Price Analysis 2016-2021
4.4.3 France Family Office Market Size and Price Analysis 2016-2021
4.4.4 Spain Family Office Market Size and Price Analysis 2016-2021
4.4.5 Italy Family Office Market Size and Price Analysis 2016-2021
4.5 Middle East and Africa
4.5.1 Africa Family Office Market Size and Price Analysis 2016-2021
4.5.2 Middle East Family Office Market Size and Price Analysis 2016-2021
4.6 Global Family Office Market Segmentation (By Region) Analysis 2016-2021
4.7 Global Family Office Market Segmentation (By Region) Analysis
SECTION 5 GLOBAL FAMILY OFFICE MARKET SEGMENTATION (BY PRODUCT TYPE)
5.1 Product Introduction by Type
5.1.1 Single Family Office (SFO) Product Introduction
5.1.2 Multi-Family Office (MFO) Product Introduction
5.1.3 Virtual Family Office (VFO) Product Introduction
5.1.4 Product Introduction
5.1.5 Product Introduction
5.2 Global Family Office Market Size by Multi-Family Office (MFO)016-2021
5.3 Global Family Office Market Segmentation (By Type) Analysis
SECTION 6 GLOBAL FAMILY OFFICE MARKET SEGMENTATION (BY APPLICATION)
6.1 Global Family Office Market Size by Strategy016-2021
6.2 Global Family Office Market Segmentation (By Application) Analysis
SECTION 7 GLOBAL FAMILY OFFICE MARKET SEGMENTATION (BY CHANNEL)
7.1 Global Family Office Market Segmentation (By Channel) Market Size and Share
2016-2021
7.2 Global Family Office Market Segmentation (By Channel) Analysis
SECTION 8 FAMILY OFFICE MARKET FORECAST 2021-2026
8.1 Family Office Segmentation Market Forecast 2021-2026 (By Region)
8.2 Family Office Segmentation Market Forecast 2021-2026 (By Type)
8.3 Family Office Segmentation Market Forecast 2021-2026 (By Application)
8.4 Family Office Segmentation Market Forecast 2021-2026 (By Channel)
SECTION 10 FAMILY OFFICE APPLICATION AND CLIENT ANALYSIS
10.1 Financial Planning Customers
10.2 Strategy Customers
10.3 Governance Customers
10.4 Advisory Customers
10.5 Customers
SECTION 11 FAMILY OFFICE MANUFACTURING COST OF ANALYSIS
11.1 Raw Material Cost Analysis
11.2 Labor Cost Analysis
11.3 Cost Overview
SECTION 12 CONCLUSION
13 Methodology and Data Source
1.1 Family Office Market Scope
1.2 COVID-19 Impact on Family Office Market
1.3 Global Family Office Market Status and Forecast Overview
1.3.1 Global Family Office Market Status 2016-2021
1.3.2 Global Family Office Market Forecast 2021-2026
SECTION 2 GLOBAL FAMILY OFFICE MARKET MANUFACTURER SHARE
2.2 Global Company Family Office Business Revenue
SECTION 3 MANUFACTURER FAMILY OFFICE BUSINESS INTRODUCTION
3.1 HSBC Private Bank (Hong Kong, London) Family Office Business Introduction
3.1.1 HSBC Private Bank (Hong Kong, London) Family Office Revenue and Gross margin
2016-2021
3.1.2 HSBC Private Bank (Hong Kong, London) Family Office Business Distribution by
Region
3.1.3 HSBC Private Bank (Hong Kong, London) Interview Record
3.1.4 HSBC Private Bank (Hong Kong, London) Family Office Business Profile
3.1.5 HSBC Private Bank (Hong Kong, London) Family Office Product Specification
3.2 Citi Private Bank (New York) Family Office Business Introduction
3.2.1 Citi Private Bank (New York) Family Office Revenue and Gross margin 2016-2021
3.2.2 Citi Private Bank (New York) Family Office Business Distribution by Region
3.2.3 Interview Record
3.2.4 Citi Private Bank (New York) Family Office Business Overview
3.2.5 Citi Private Bank (New York) Family Office Product Specification
3.3 Northern Trust (Chicago) Family Office Business Introduction
3.3.1 Northern Trust (Chicago) Family Office Revenue and Gross margin 2016-2021
3.3.2 Northern Trust (Chicago) Family Office Business Distribution by Region
3.3.3 Interview Record
3.3.4 Northern Trust (Chicago) Family Office Business Overview
3.3.5 Northern Trust (Chicago) Family Office Product Specification
3.4 Bessemer Trust (New York) Family Office Business Introduction
3.4.1 Bessemer Trust (New York) Family Office Revenue and Gross margin 2016-2021
3.4.2 Bessemer Trust (New York) Family Office Business Distribution by Region
3.4.3 Interview Record
3.4.4 Bessemer Trust (New York) Family Office Business Overview
3.4.5 Bessemer Trust (New York) Family Office Product Specification
3.5 BNY Mellon Wealth Management (New York) Family Office Business Introduction
3.6 UBS Global Family Office Group (Zurich, London, Singapore, Hong Kong, New York)
Family Office Business Introduction
3.7 Cambridge Associates (Boston) Family Office Business Introduction
3.8 Pictet (Geneva) Family Office Business Introduction
…
SECTION 4 GLOBAL FAMILY OFFICE MARKET SEGMENTATION (BY REGION)
4.1 North America Country
4.1.1 United States Family Office Market Size and Price Analysis 2016-2021
4.1.2 Canada Family Office Market Size and Price Analysis 2016-2021
4.1.3 Mexico Family Office Market Size and Price Analysis 2016-2021
4.2 South America Country
4.2.1 Brazil Family Office Market Size and Price Analysis 2016-2021
4.2.2 Argentina Family Office Market Size and Price Analysis 2016-2021
4.3 Asia Pacific
4.3.1 China Family Office Market Size and Price Analysis 2016-2021
4.3.2 Japan Family Office Market Size and Price Analysis 2016-2021
4.3.3 India Family Office Market Size and Price Analysis 2016-2021
4.3.4 Korea Family Office Market Size and Price Analysis 2016-2021
4.3.5 Southeast Asia Family Office Market Size and Price Analysis 2016-2021
4.4 Europe Country
4.4.1 Germany Family Office Market Size and Price Analysis 2016-2021
4.4.2 UK Family Office Market Size and Price Analysis 2016-2021
4.4.3 France Family Office Market Size and Price Analysis 2016-2021
4.4.4 Spain Family Office Market Size and Price Analysis 2016-2021
4.4.5 Italy Family Office Market Size and Price Analysis 2016-2021
4.5 Middle East and Africa
4.5.1 Africa Family Office Market Size and Price Analysis 2016-2021
4.5.2 Middle East Family Office Market Size and Price Analysis 2016-2021
4.6 Global Family Office Market Segmentation (By Region) Analysis 2016-2021
4.7 Global Family Office Market Segmentation (By Region) Analysis
SECTION 5 GLOBAL FAMILY OFFICE MARKET SEGMENTATION (BY PRODUCT TYPE)
5.1 Product Introduction by Type
5.1.1 Single Family Office (SFO) Product Introduction
5.1.2 Multi-Family Office (MFO) Product Introduction
5.1.3 Virtual Family Office (VFO) Product Introduction
5.1.4 Product Introduction
5.1.5 Product Introduction
5.2 Global Family Office Market Size by Multi-Family Office (MFO)016-2021
5.3 Global Family Office Market Segmentation (By Type) Analysis
SECTION 6 GLOBAL FAMILY OFFICE MARKET SEGMENTATION (BY APPLICATION)
6.1 Global Family Office Market Size by Strategy016-2021
6.2 Global Family Office Market Segmentation (By Application) Analysis
SECTION 7 GLOBAL FAMILY OFFICE MARKET SEGMENTATION (BY CHANNEL)
7.1 Global Family Office Market Segmentation (By Channel) Market Size and Share
2016-2021
7.2 Global Family Office Market Segmentation (By Channel) Analysis
SECTION 8 FAMILY OFFICE MARKET FORECAST 2021-2026
8.1 Family Office Segmentation Market Forecast 2021-2026 (By Region)
8.2 Family Office Segmentation Market Forecast 2021-2026 (By Type)
8.3 Family Office Segmentation Market Forecast 2021-2026 (By Application)
8.4 Family Office Segmentation Market Forecast 2021-2026 (By Channel)
SECTION 10 FAMILY OFFICE APPLICATION AND CLIENT ANALYSIS
10.1 Financial Planning Customers
10.2 Strategy Customers
10.3 Governance Customers
10.4 Advisory Customers
10.5 Customers
SECTION 11 FAMILY OFFICE MANUFACTURING COST OF ANALYSIS
11.1 Raw Material Cost Analysis
11.2 Labor Cost Analysis
11.3 Cost Overview
SECTION 12 CONCLUSION
13 Methodology and Data Source
CHART AND FIGURE
Figure Family Office Product Picture
Chart Family Office Market Size (with or without the impact of COVID-19)
Chart Global Family Office Market Size (Million $) and Growth Rate 2016-2021
Chart Global Family Office Market Size (Million $) and Growth Rate 2021-2026
Chart 2016-2021 Global Company Family Office Business Revenue (Million USD)
Chart 2016-2021 Global Company Family Office Business Revenue Share
Chart HSBC Private Bank (Hong Kong, London) Family Office Revenue and Gross margin
2016-2021
Chart HSBC Private Bank (Hong Kong, London) Family Office Business Distribution
Chart HSBC Private Bank (Hong Kong, London) Interview Record (Partly)
Chart HSBC Private Bank (Hong Kong, London) Family Office Business Profile
Table HSBC Private Bank (Hong Kong, London) Family Office Product Specification
Chart Citi Private Bank (New York) Family Office Revenue and Gross margin 2016-2021
Chart Citi Private Bank (New York) Family Office Business Distribution
Chart Citi Private Bank (New York) Interview Record (Partly)
Chart Citi Private Bank (New York) Family Office Business Overview
Table Citi Private Bank (New York) Family Office Product Specification
Chart Northern Trust (Chicago) Family Office Revenue and Gross margin 2016-2021
Chart Northern Trust (Chicago) Family Office Business Distribution
Chart Northern Trust (Chicago) Interview Record (Partly)
Chart Northern Trust (Chicago) Family Office Business Overview
Table Northern Trust (Chicago) Family Office Product Specification
Chart Bessemer Trust (New York) Family Office Revenue and Gross margin 2016-2021
Chart Bessemer Trust (New York) Family Office Business Distribution
Chart Bessemer Trust (New York) Interview Record (Partly)
Chart Bessemer Trust (New York) Family Office Business Overview
Table Bessemer Trust (New York) Family Office Product Specification
Chart United States Family Office Market Size (Million $) and Growth Rate 2016-2021
Chart United States Family Office Segment Data by Strategy016-2021
Figure Family Office Product Picture
Chart Family Office Market Size (with or without the impact of COVID-19)
Chart Global Family Office Market Size (Million $) and Growth Rate 2016-2021
Chart Global Family Office Market Size (Million $) and Growth Rate 2021-2026
Chart 2016-2021 Global Company Family Office Business Revenue (Million USD)
Chart 2016-2021 Global Company Family Office Business Revenue Share
Chart HSBC Private Bank (Hong Kong, London) Family Office Revenue and Gross margin
2016-2021
Chart HSBC Private Bank (Hong Kong, London) Family Office Business Distribution
Chart HSBC Private Bank (Hong Kong, London) Interview Record (Partly)
Chart HSBC Private Bank (Hong Kong, London) Family Office Business Profile
Table HSBC Private Bank (Hong Kong, London) Family Office Product Specification
Chart Citi Private Bank (New York) Family Office Revenue and Gross margin 2016-2021
Chart Citi Private Bank (New York) Family Office Business Distribution
Chart Citi Private Bank (New York) Interview Record (Partly)
Chart Citi Private Bank (New York) Family Office Business Overview
Table Citi Private Bank (New York) Family Office Product Specification
Chart Northern Trust (Chicago) Family Office Revenue and Gross margin 2016-2021
Chart Northern Trust (Chicago) Family Office Business Distribution
Chart Northern Trust (Chicago) Interview Record (Partly)
Chart Northern Trust (Chicago) Family Office Business Overview
Table Northern Trust (Chicago) Family Office Product Specification
Chart Bessemer Trust (New York) Family Office Revenue and Gross margin 2016-2021
Chart Bessemer Trust (New York) Family Office Business Distribution
Chart Bessemer Trust (New York) Interview Record (Partly)
Chart Bessemer Trust (New York) Family Office Business Overview
Table Bessemer Trust (New York) Family Office Product Specification
Chart United States Family Office Market Size (Million $) and Growth Rate 2016-2021
Chart United States Family Office Segment Data by Strategy016-2021
