According to Capgemini World Wealth Report 2024 UHNWIs have increased the number of relationships they have with a wealth management firm from three in 2020 to seven in 2023. In contrast, single-family offices, , exclusively serving one family, have grown by 200% in during the past decade.
This trend signals that there is an unfulfilled need in wealth management offerings. Also, not everyone has the inclination or the wealth required to set up your own family office. This is where we come in as Multi Family Office. We come in with