Cerulli Estimations

The Multi-Family Office Channel Controls More Than US$700bn in the U.S.

Date:

The Multi-Family Office Channel Controls More Than US$700bn in the U.S.
Foto: urbanfeel. Los multi family offices controlan más de 700.000 millones de dólares en EE.UU.

Author: Alicia Miguel

  1. Multi-family office channel is comprised of more than 200 firms that control more than $700 billion
  2. Traditionally, the growth has been influenced by the RIA segment of the channel but multi-family office segment, which is financially backed by banks, posted the greatest asset growth in 2013
  3. Cerulli believes that third-party management opportunities will only grow as additional RIAs move upmarket, qualifying for multi-family office status
  4. More national and super regional banks and trust companies will likely follow suit and establish family-office practices of their own