Family offices: a sector undergoing structural change
The Wealth Report 2026 shows family offices growing faster than the global economy and changing how they invest, collaborate and allocate to real estate.
There are now approximately 10,000 family offices worldwide, and the sector is growing at around 5% per year which is faster than the global economy itself.
That is one of the central findings in The Wealth Report 2026, the 20th edition of Knight Frank's global benchmark for prime property and private capital. Based on interviews with more than 40 family offices across London, New York, Dubai, Singapore and Hong Kong, the report points to a sector undergoing structural change:
- A shift from capital preservation to structured, performance-driven strategies, with internal specialists in private equity, venture capital and real estate.
- Growing collaboration through co-investment, allowing families to share expertise and access larger opportunities.
- Real estate remains a cornerstone allocation, with direct ownership preferred over fund structures.
The full report explores how family offices are professionalising, where they are establishing new bases globally, and how their evolving strategies are reshaping the broader wealth management landscape.
Download The Wealth Report 2026.