The family office landscape in North America

Being relatively small in size, family offices are able to adapt quickly and adjust their portfolios to mitigate risk and capitalize on opportunistic deals. Focusing on 179 family offices across Canada and the United States, with a cumulative wealth of over USD $269 billion, the North America family office report 2021 explores how family offices have reacted during these turbulent times and seized the opportunity to grow.

Wealth is growing across Global family offices

86% of ultra-high-net-worth families saw their wealth increase from the previous year despite global challenges

Risk management is more important than ever

66% of family offices have increased their risk management strategy to mitigate risks such as rising interest rates and inflation

Succession planning is top of mind

51% of family offices report the next generation is not yet prepared for generational succession

Learn more about trends impacting family offices in North America, including technology, governance, succession planning and philanthropy insights.

Download the full report
We want to talk about your ultra-high-net-worth strategies.

Investment and insurance products offered through RBC Wealth Management are not insured by the FDIC or any other federal government agency, are not deposits or other obligations of, or guaranteed by, a bank or any bank affiliate, and are subject to investment risks, including possible loss of the principal amount invested.