Family offices
Single and multi-family offices: who is setting up, where, and how they are run.
Family offices with bigger investment teams hold more in private markets, IE University study finds
The IE Family Offices Knowledge Hub's first report, presented in Madrid on 15 October 2026, surveys 157 single family offices. Average private markets allocation is 48.2%, rising to 62.9% where the in-house team has six or more specialists.
Dell's family office buys SK stake that Chey Tae-won is selling to fund his divorce settlement
A fund linked to DFO Management, Michael Dell's family investment office, is buying 1.34% of SK Inc from SK Group chairman Chey Tae-won for 544bn won (about $406m), part of the cash Chey must raise for a court-ordered property division.
Alternatives now outweigh traditional assets in family office portfolios, BNY Wealth finds
BNY Wealth's 2026 study of 290 family offices, reported on 13 October 2026, finds that less than half of portfolios now sit in public equity and real estate. The definition of 'alternatives' and a larger sample both matter when reading the headline.
Dyson pays £750m to Weybourne, the family's holding company, after two years of smaller payouts
Singapore filings released in early October 2026 show Dyson distributed £750m to Weybourne Holdings for 2025, against £200m a year earlier and a pre-tax profit of £511m. What the numbers show about funding a family office from one operating business.
After the $29bn Restaurant Depot sale, the Kirsh family hires for an institutional family office
The Kirsh family is recruiting a chief investment officer, an investment committee and heads of public and private investments ahead of Sysco's $29bn purchase of Jetro Restaurant Depot. What a liquidity event of this size asks of a family office.
Northwestern Mutual puts 40 specialists behind a family office label
On 29 September 2026 Northwestern Mutual launched Family Office Services, a retainer-funded bench of more than 40 in-house specialists for clients with at least $50 million. The structure says something about what the term now covers.
Family members running family offices are paid less than the professionals they hire
The 2026 North America Family Office Report from RBC and Campden Wealth, published on 29 September 2026, surveyed 155 offices. It records a 44% pay gap between non-family and family chief executives, and a private markets book where nearly half of attempted fund exits did not complete.
A third of family offices expect a leadership change within five years, Citi finds. Most are not ready for it.
Citi Wealth's 2026 Global Family Office Report, published on 22 September 2026, surveyed 351 family offices in 41 countries. Portfolios performed well and public equities took the incremental capital. Succession is where the survey turns uncomfortable.
AlphaCore buys a $5bn family office and keeps it out of the investment business
AlphaCore Wealth Advisory has acquired Streamline Family Office and will run it as a separate, deliberately non-advisory affiliate that continues to serve rival wealth managers.
Michael Dell's family office backs a $7.7bn take-private of insurance broker Baldwin
DFO Management and Sequence Holdings have agreed to acquire The Baldwin Group in an all-cash deal valued at about $7.7bn, one of the largest public-to-private transactions led by a single family office.
A UK family's new office opens in Dubai with seven staff and an AI operating model
Stonegate Capital has launched a family office at the Dubai World Trade Centre for an unnamed British family. The mandate covers everything a mature single family office does. The team is seven people.
The quietest industry has the loudest influencers
The family office world is quietly awash with LinkedIn "experts". There is a lot of noise, but no serious HNW or UHNW is fooled by a low-credibility influencer. And yet the economy behind them is real, or they would not exist. So who actually pays the bill?
Corient adds New York's Seven Bridges Advisors as multi-family office roll-up continues
Corient has agreed to buy Seven Bridges Advisors, a $4.9bn New York multi-family office, in the latest of a run of deals building the Miami firm into the largest player of its kind.
INVL Family Office raises $17.4m for Baltic access to private equity secondaries
One of the Baltics' largest multi-family offices closed its Global PE Secondaries Access Fund, routing local family capital into a secondaries strategy run by Adams Street Partners.
Wealth management consolidation: should I stay or should I go?
Corient has bought a boutique multi-family office almost every month this year. As consolidators roll up the independents families once chose for their independence, the question for principals is what they actually own.
Sawiris family office crosses majority control of OCI Global
NNS Holding, the private family office of Egyptian billionaire Nassef Sawiris, has lifted its combined stake in OCI Global above 55% as its all-cash bid to take the chemicals group private advances.
Caprock buys $4bn Venturi Private Wealth in second-ever acquisition
The Boise-based multi-family office is adding an Austin firm with about $4 billion in assets, its first purchase since the 2024 Grey Street Capital deal.
SpaceX's record listing hands family offices a new kind of client
The largest IPO in history, with Anthropic and OpenAI expected to follow, is creating suddenly wealthy employees in numbers the family office world has not handled before.
Private chefs on $300,000: the household staffing bill is climbing
A Morgan & Mallet study finds private chefs earning up to $300,000 and estate managers among the fastest-rising roles, as the wealthy staff more homes across more countries.
Julius Baer report: currency, not inflation, is driving up the cost of living well
The bank's 2026 Global Wealth and Lifestyle Report puts the cost of a premium lifestyle up 10.2% in dollar terms, with exchange rates reshaping the city rankings for globally mobile families.
Deutsche Bank and Dubai sign a referral pact aimed at family offices
Deutsche Bank's Private Bank and Dubai's Department of Economy and Tourism have agreed a client-introduction partnership to bring family offices and UHNW individuals into the emirate. The interesting part is who introduces whom, and on what terms.
BBVA launches a bank-owned 'independent' multi-family office in Spain
BBVA Private Banking has opened a multi-family office for fortunes of €30–300 million, structured as a separate company with open-architecture custody. The word doing the heavy lifting is 'independent'.
Evertern Wealth ties up with Vontobel's Swiss arm for cross-border banking
A first-year US multi-family office has signed a referral alliance with Vontobel Swiss Financial Advisers, adding Swiss custody, multi-currency banking and allocated gold storage rather than building the capability itself.
Three-Quarters of Family Offices Plan to Increase Alternatives Exposure, Ocorian Study Finds
A global survey of 200 family office professionals managing $119 billion finds that 75 per cent expect to take on more investment risk over the next 12 months, with private equity leading the shift into alternative assets.
What a family office actually is (and what it is for)
What a single family office really is, what it is for, and when a wealthy family actually needs one rather than a private bank or a multi-family office.
How to set up a single family office, in the right order
A practical guide to setting up a single family office in the UK: where to start, the order most families get wrong, and how to assemble the right advisers.
The week in family offices
One email a week: what moved across family offices and private wealth, and what it means.