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According to UBS' 2026 Global Family Office Report, Latin American family offices allocated 34% of assets to alternatives in 2025. Within that figure, 16% went to private equity, 7% through direct investments, 9% through funds, and 2% to private debt.
UBS' 2026 Global Family Office Report found that 61% of Latin American family offices surveyed expect to make changes to their strategic asset allocation in 2026.
According to UBS' 2026 Global Family Office Report, 23% of Latin American family office portfolios were allocated within Latin America itself, while 60% remained invested in North America.
According to Alessio Mazzanti, Managing Director, family offices can participate through minority or majority equity, direct investments, co-investments, private debt, preferred equity, or hybrid structures, depending on their investment strategy.
According to Alessio Mazzanti, family offices have been professionalizing their governance, investment committees, risk management, reporting, and due diligence processes. UBS' latest global survey shows that a significant majority of family offices already use formal mechanisms for measuring investment performance, while many operate through structured investment committees.
LPL Financial's board of directors fired Arnold in October 2024 for violating the company's respectful workplace policies. A board-approved investigation by an outside law firm found Arnold had made statements to employees that violated LPL's Code of Conduct. Arnold resigned from the board, and Rich Steinmeier, Managing Director and Chief Growth Officer, became CEO.
Stirling One is Stirlingshire Investments' artificial intelligence-native operating platform for wealth management. The platform provides onboarding, portfolio management, trading, rebalancing, tax optimization, compliance, reporting, CRM, communications and AI-powered tools. Stirlingshire plans to launch Stirling One at the Future Proof Festival next week.
Arnold has joined Stirlingshire Investments as executive chairman of the board and will work with the company's executive leadership team on strategic oversight. According to Stirlingshire, Arnold will use his experience to help with advisor recruitment, operations, strategic partnerships and scaling the firm.
Arnold joined LPL in 2007 after spending 12 years leading UVEST, a broker/dealer acquired by LPL. He was named CEO of LPL in 2016 when then-Chairman and CEO Mark Casady announced his retirement. Under Arnold's tenure, LPL's total return to shareholders was 537%.
Stirlingshire claims to have a different model from traditional wealth management firms. Advisors who join get free access to the Stirling One platform and keep 100% of their payout. The firm has both registered investment advisor and broker/dealer entities and uses Apex Fintech Solutions for custody.
According to Realberry's editorial, family offices typically choose among three main approaches when deploying capital into property: buy, build, or lend. Development is most often executed via direct partnerships with sponsors, structured as bespoke joint ventures and club deals that offer higher control and tailored risk-return profiles.
Realberry's editorial explains that REITs rarely pursue ground-up projects and private equity funds cap development exposure, leading many family offices to prefer bespoke joint ventures and club deals. These direct partnership structures offer higher control and tailored risk-return profiles compared to pooled vehicles.
According to Realberry, family offices tend to underwrite opportunities based on equity multiple and cash-on-cash yield rather than internal rate of return. Realberry attributes this preference to longer holding periods and a strong preference for current income among family office investors.
Realberry's editorial notes that governance, tax planning, and intergenerational objectives all shape family office decisions when choosing among acquiring stabilized assets, funding developments, or providing credit to real estate operators.
Yes. According to Realberry's editorial, lending is one of the three main approaches family offices use when deploying capital into property, alongside buying and building. The editorial also notes that family offices may provide credit directly to real estate operators as part of their strategy.
According to Knight Frank's Wealth Report 2025, which surveyed 150 family offices, 44% said they plan to increase their exposure to real estate over the next 18 months.
Hospitality has become the top real estate asset class for family office capital in Asia-Pacific, according to a Questex press release issued on September 11, 2026.
IHIF Asia will take place September 16–18, 2026, at Regent, Hong Kong. The event is expected to bring together more than 500 investors, owners, operators, developers, and hospitality brands to explore the region's next phase of growth.
A session titled 'Inside Family Office Capital: Decision Frameworks and Deal Strategy' will be presented by Richard Zen, Founder and Managing Partner of Trivium Asset Management, and moderated by Candice Wu, Co-Founder of Tigris Family Office.
IHIF Asia is hosting a dedicated networking session on September 17, 2026, the second day of the event, to unite attending family offices and family office-owned property leaders in a lounge setting, according to the Questex press release.
Starlight Investments raised £680 million for its second UK build-to-rent fund. Starlight said the capital, when supplemented with debt, would allow it to build approximately 6,000 build-to-rent homes in the UK. Starlight Head of UK Residential Jonnie Milich said this would place the firm in the top four UK BTR operators.
The UK Government's National Housing Bank is a cornerstone investor in Starlight UK BTR Fund II, contributing £100 million of equity.
Annual UK build-to-rent starts fell 79% to 3,455 homes in the 12 months to June 2026, according to data from RE:UK and Savills. Starlight described the decline as driven by a combination of rising costs and falling asset values.
A combined £500 million of equity and debt from Starlight UK BTR Fund II has been deployed on three developments. These include a 60-storey, 532-unit tower in Manchester's Castlefield conservation area, a 40-storey, 517-unit tower in Manchester's Greengate neighbourhood, and a 492-unit, three-block mid-rise in Basildon, Essex near the main train station.
Starlight Investments is a private company based in Toronto with 30 billion Canadian dollars (£26 billion) of assets under management, comprising 70,000 residential units and 7 million square feet of commercial space. Starlight's existing UK portfolio comprises 4,000 build-to-rent units with an end value of £1.1 billion.
The Securities Commission Malaysia granted the exemption because there was no change to the ultimate shareholders or the proportion of shareholding. The restructuring involved transferring individual family members' stakes into family vehicles under Success Lineage Sdn Bhd, not an acquisition of new shares. The regulator cited subparagraph 4.13(3)(a) of the Rules on Take-overs, Mergers and Compulsory Acquisitions.
Success Lineage Sdn Bhd, the Ku family office, holds an indirect interest of 689.69 million KSL Holdings shares, representing a 64.24% stake as of September 3, 2026, through its controlling interests in three intermediate vehicles: Premiere Sector Sdn Bhd, Noble Heritage Sdn Bhd and Gorgeous Horizon Sdn Bhd.
No. According to the bourse filing, the transfer related only to individual family members' shareholdings in Premiere Sector Sdn Bhd, Noble Heritage Sdn Bhd and Gorgeous Horizon Sdn Bhd, and did not involve any transfer of the ordinary shares in KSL Holdings held by those three vehicles.
KSL Holdings Bhd is a Johor-based property developer founded by Ku brothers Cheng Hai, Hwa Seng and Tien Sek. At the time of the filing, KSL shares closed at RM2.80, valuing the company at RM3.06 billion.
The family members who transferred their stakes to the family vehicles in 2025 were Ku Cheng Hai, Ku Hwa Seng, Ku Tien Sek, Ku Wa Chong, Khoo Keng Ghiap, Khoo Lee Feng, Ku Ek Mei and Ku Keng Yaw, according to the bourse filing.
LDR Capital, the real estate investment arm of the Lederer Group, purchased Southpoint Commercial from Union Investment Real Estate GmbH for approximately A$255 million. The deal was announced on September 3, 2026, and the price was reported above the asset's most recent expert valuation.
Yes. The A$255 million sale price for Southpoint Commercial was reportedly above the asset's most recent expert valuation, according to the deal announcement, underscoring strong investor demand for prime Australian office and retail property.
Southpoint Commercial is a fully leased mixed-use office and retail building located in Brisbane's South Bank precinct. It is part of a larger precinct that combines offices, retail, and transport connectivity, according to the deal announcement.
LDR Capital is the real estate investment arm of the Lederer Group, which is described as one of Australia's largest family offices. The acquisition of Southpoint Commercial reflects the Lederer Group's continued deployment of family office capital into core commercial real estate assets in major Australian cities.
The source text does not state Union Investment Real Estate GmbH's reasons for selling Southpoint Commercial. The deal closed at approximately A$255 million, reportedly above the asset's most recent expert valuation, on September 3, 2026.
Stuart Mercier, 44, spent 13 years at Brookfield Asset Management, building the firm's Asia real estate business from founding head into a 350-person platform that oversaw roughly $15 billion of investment activity. He retired last year as a managing partner at Brookfield and now runs Cairdrow Capital, a Singapore advisory firm he co-founded for family offices and institutions.
Shui On Land appointed Stuart Mercier as an independent non-executive director and a member of its audit and risk committee, effective 3 August, according to a filing with the Hong Kong stock exchange.
Yes. Brookfield made an investment in Shui On Land's Xintiandi unit in 2013, according to Mingtiandi. Mercier oversaw Brookfield's Asia real estate platform during his 13-year tenure at the firm.
Templewater appointed Laurent Fischler as managing director and head of real estate in Singapore. Aquilius Investment Partners hired Alexander Hoffmann as managing director, investments, in Singapore. HIG Capital hired Younghee Choi as head of Asia for its capital formation group, based in Hong Kong. Raffles Family Office named Ken Peng as its first chief investment officer, based in Hong Kong.
According to UBS, 60% of surveyed family offices plan to change their strategic asset allocation over the next twelve months. The UBS survey covered more than 300 family offices across more than 30 markets, with average family net worth of $2.7 billion.
FINTRX data on 96 offices added to its database in Q2 2026 shows 92.7% stated interest in direct investments and 89.6% in private equity. By contrast, only 6.3% reported interest in private credit and 10.4% in hedge funds, suggesting newly tracked offices strongly favor direct ownership over fund structures.
Deloitte estimated 8,030 single-family offices globally in 2024, up from 6,130 in 2019, and projected 10,720 by 2030. Deloitte also estimated family-office assets under management at $3.1 trillion in 2024, rising to $5.4 trillion by 2030.
According to the source, family-linked transactions are concentrating on the infrastructure beneath AI applications, including energy-efficient chips, compute capacity, robotics, energy and financial controls. UBS also reports that 65% of surveyed respondents rank AI among the leading themes for capital allocation.
Straits Trading's strategy, described by executive chairman Chew Gek Khim as 'Blackstone-like,' is to buy real estate, convert it into REITs, and then exit. The funds will operate on an eight-to-ten-year time frame and are being created through a joint venture with ARA Asset Management CEO John Lim, with up to $950 million in capital committed.
The joint venture is still deciding on property locations. Other than Singapore, the funds may seek investments in Europe, Malaysia, and Australia, according to Chew Gek Khim.
Straits Trading will pay $294.4 million in cash and shares for a 20.1% stake in ARA Asset Management, acquired from Li Ka-shing's Cheung Kong Investment Co. and ARA CEO John Lim. This transaction will make Straits Trading the biggest shareholder of ARA.
According to CBRE Research, commercial real estate transactions in the Asia-Pacific region rose 11% to US$21.6 billion in the most recent quarter, while cross-border property transactions climbed 5.5% to US$5.2 billion in the third quarter.
Straits Trading had cash proceeds of $508.8 million after accepting United Engineers Ltd.'s higher offer for its 44.58% stake in WBL Corp., giving Straits Trading more access to capital for its property funds. Straits Trading also has real estate assets worth $830 million, according to Chew Gek Khim.
Saudi Arabia's Public Investment Fund said it has launched a real estate company to develop a tourism and residential destination on the Al-Khafji coastline. According to Reuters, the project will cover about 20 square kilometres and include a 10-kilometre waterfront, more than 16,000 housing units, hotels, and commercial facilities.
Saudi Arabia's Public Investment Fund said the Al-Khafji development will be built in partnership with private-sector firms. The source does not name specific private-sector partners.
According to Reuters, the Public Investment Fund's Al-Khafji project will cover about 20 square kilometres and feature a 10-kilometre waterfront. The development will include more than 16,000 housing units alongside hotels and commercial facilities.
Reuters reports the Al-Khafji project will include more than 16,000 housing units, hotels, and commercial facilities, situated along a 10-kilometre waterfront within a roughly 20-square-kilometre site.
CoStar reports that the buyer is WillsFlower, an investment vehicle of an unnamed ultra-high-net-worth private investor. WillsFlower is understood to have purchased the 367,000-square-foot campus below its prior guide price. CapitaLand had originally acquired the asset in 2020 for £129.25 million.
CapitaLand acquired Arlington Business Park in 2020 for £129.25 million. The estate comprises 11 office buildings totalling 367,000 square feet in Theale near Reading.
WillsFlower is an investment vehicle of an unnamed ultra-high-net-worth private investor, not an institutional fund or listed REIT, according to the deal report. The acquisition marks a direct deployment of UHNW capital into a large-scale business park.
WillsFlower is understood to have purchased Arlington Business Park below its prior guide price, according to CoStar. The exact sale price was not disclosed in the source.
Pharr, a family-owned company based in McAdenville, North Carolina, bought 702 Oberlin. Pharr acquired the 58,625-square-foot, four-story boutique office building in Raleigh's Village District for $24.225 million from Beacon Partners, a Carolinas-based commercial real estate firm.
702 Oberlin, a 58,625-square-foot boutique office building in Raleigh, North Carolina's Village District, sold for $24.225 million. JLL Capital Markets completed the sale, with Pharr as the buyer and Beacon Partners as the seller.
Beacon Partners, a Carolinas-based commercial real estate firm, was the seller of 702 Oberlin. Beacon Partners sold the 58,625-square-foot, four-story boutique office building in Raleigh's Village District to Pharr for $24.225 million.
Pharr is described as a family-owned operating company based in McAdenville, North Carolina, rather than an institutional fund. The acquisition of 702 Oberlin represents Pharr deploying family capital into direct office ownership, allowing the family enterprise to expand its real estate holdings.
JLL Capital Markets handled the $24.225 million sale of 702 Oberlin, a 58,625-square-foot boutique office building in Raleigh, North Carolina's Village District. The transaction transferred ownership from Beacon Partners to Pharr, a family-owned company based in McAdenville, North Carolina.
UBS recruited three advisory teams managing a combined $2.6 billion in client assets from Merrill Lynch and Morgan Stanley. The individual teams brought approximately $500 million from Merrill Lynch in Bellevue, Washington; $1.4 billion from Morgan Stanley in Pueblo, Colorado; and $750 million from Morgan Stanley in Bethesda, Maryland.
According to Wolfe Research's most recent advisor moves data, UBS had a net loss of 196 advisors in North America in 2026 through August 13. Wolfe Research tracks advisor moves via SEC filings. UBS ranked sixth among firms with net advisor losses during that period.
Caitlin Alcon, Calvin Mason and Craig Cisney joined UBS's Mountain West Market from Morgan Stanley in Pueblo, Colorado, where they had overseen $1.4 billion in client assets. Mason brings almost 35 years of industry experience, Alcon has more than 25 years including time at Morgan Stanley, RBC and Piper Jaffray, and Cisney previously worked for 17 years as a broadcast meteorologist in Colorado.
Richard Horn, Jeffrey Deckelbaum and Gerald Horn joined UBS's South Atlantic Market in Bethesda, Maryland from Morgan Stanley. Richard Horn spent almost all of his 40-year financial services career at Morgan Stanley. Deckelbaum started his financial career at Morgan Stanley in 2006. Gerald Horn is a third-generation financial advisor who joined Morgan Stanley in 2018.
UBS's Americas wealth business posted net inflows of $1 billion in the second quarter, even after $10 billion in outflows related to the U.S. tax season, according to the article. UBS's wealth management division beat analyst estimates in the second quarter.
Washington State's Department of Financial Institutions proposed amendments to its investment advisor rules that would mandate state-registered investment advisors carry at least $1 million in errors-and-omissions insurance. The proposed amendments would also adopt the SEC's Marketing Rule, a continuing education requirement for state-registered advisors, and update the definition of 'qualified client' to mirror federal definitions.
Oregon and Oklahoma are currently the only two states requiring RIAs to carry at least $1 million in errors-and-omissions insurance, according to the article. If Washington's proposed rule is adopted, it would become the third state to impose such a mandate.
Joseph Wojcieschowski of Stoltman Law Offices and incoming president of the Public Investors Advocate Bar Association said the rule could help reduce unpaid arbitration awards, which he argued 'continue to plague the financial services industry and harm investors in every state.' PIABA has long tracked rates of unpaid awards, arguing investors too often do not receive money from favorable arbitration decisions.
According to the article, Schwab and Fidelity have instilled rules requiring RIAs using their custodial services to carry some insurance, including E&O coverage. However, a 2025 University of Michigan Business and Entrepreneurial Law Review article noted that such private insurance requirements 'have not yet proliferated and changed broader industry practices,' with the majority of custodial platforms lacking similar mandates.
NASAA questioned in 2021 whether E&O insurance could adequately protect clients, citing that it may be too expensive for smaller firms and often excludes high-risk alternative products and instances of fraud from coverage. The concerns were raised in the context of NASAA's model rules, which mirror some of the potential changes proposed in Washington State.
BNF Capital, the London-based family office of the Perrodo family, is the lead investor purchasing 27 Savile Row. BNF Capital is executing the acquisition in partnership with Morgan Real Estate, according to Bloomberg. The Perrodo family are billionaire heirs behind one of Europe's largest independent oil companies.
CPI Property Group SA, a Czech landlord, is selling 27 Savile Row as part of an effort to reduce debt, according to Bloomberg. The deal fits a broader pattern of wealthy families targeting prime London assets during a period of market dislocation, Bloomberg reports.
Final pricing details for the 27 Savile Row transaction have not been disclosed, according to Bloomberg. People familiar with the matter told Bloomberg that terms have been agreed, indicating the deal is in advanced stages, but no specific price has been reported.
BNF Capital is the London-based family office of the Perrodo family, who are billionaire heirs behind one of Europe's largest independent oil companies, according to Bloomberg. BNF Capital is identified as the lead investor in the acquisition of 27 Savile Row in partnership with Morgan Real Estate.
Bloomberg reports that the Perrodo family's near-acquisition of 27 Savile Row underscores ultra-high-net-worth family offices' continued appetite for trophy commercial real estate in global gateway cities, even as institutional buyers remain more cautious. The deal fits a broader pattern of wealthy families targeting prime London assets during a period of market dislocation.
Bank OZK provided a $75.5 million construction loan for the M7 Lofts development in Norwalk, Connecticut. The borrower is a joint venture between Saber-Hightower and Granoff Real Estate. An undisclosed family office also contributed $32 million in JV equity. Greystone Capital Advisors negotiated the transaction.
M7 Lofts is a 286-unit apartment project converting two eight-story office buildings at 101 and 201 Merritt 7 in Norwalk, Connecticut. The buildings are part of the six-building Merritt 7 Corporate Park, located 10 miles northeast of Downtown Stamford and less than a five-minute walk from the Merritt 7 Metro-North train station.
According to Commercial Observer, the two office buildings will be combined into one apartment complex with amenities that include a fitness center, coworking space and an outdoor pool deck.
Marty Berger, managing principal of Saber-Hightower, said in a statement that the buildings are well-located and can serve Fairfield County far better as housing than as office, and that the property's proximity to transit and existing infrastructure at Merritt 7 support creating a differentiated residential experience.
Greystone Capital Advisors negotiated the transaction. Drew Fletcher, president of Greystone Capital Advisors, led a team that also included Paul Fried, Bryan Grover and Jesse Kopecky, according to Commercial Observer.
Manga Hotels, a closely held hospitality platform backed by an ultra-high-net-worth family, acquired the Chelsea hotel in Manhattan for approximately $50 million, according to a roundup of top New York City deals.
Manga Hotels focuses on branded hospitality assets in major city locations, including urban, limited-service hotels. The platform deploys family capital into North American hotel assets and is described as functioning as a family office-style investor.
The Chelsea acquisition was noted as one of the largest hospitality trades over the period surveyed, underscoring the scale at which Manga Hotels' UHNW-backed private family capital is competing directly with institutional buyers in core urban Manhattan submarkets.
Manga Hotels is executing a strategy to accumulate hotel properties during a period of continued recovery in New York's lodging market, targeting urban, limited-service hotels and branded hospitality assets in major city locations, according to the deal roundup.
Industrial Realty Group paid $21 million, or $49.76 per square foot, for the former Sportsman's Guide headquarters and distribution facility in South St. Paul, Minnesota, according to Commercial Real Estate Direct.
The property was the former Sportsman's Guide headquarters and distribution facility in South St. Paul, Minnesota, according to Commercial Real Estate Direct.
Commercial Real Estate Direct reported the Industrial Realty Group acquisition on August 31, 2026. The source does not state a specific closing date.
The distribution facility is located in South St. Paul, Minnesota, according to Commercial Real Estate Direct.
Cirrus Real Estate Partners provided a $118.6 million, three-year, floating-rate, interest-only construction loan to Gatsby Florida for The Palm in Palm Beach Gardens, Florida. Berkadia's Charles Foschini, Scott Wadler, and Shannon Wilson brokered the debt. Construction is scheduled to begin in August 2026 and be complete in 2028.
The Palm has no tenants signed as of the loan announcement. Gatsby Florida is building the approximately 200,000-square-foot Class A complex on a speculative basis, betting on office demand migrating north from West Palm Beach as high-profile companies open outposts in Palm Beach County.
Charles Foschini of Berkadia said that as financial services firms, family offices, and other sophisticated businesses continue expanding into Palm Beach County, demand is extending beyond Downtown West Palm Beach into nearby submarkets. Foschini also noted that new institutional-quality office development remains extremely limited in the area.
Gatsby Florida, launched by Nader Shalom and Babak Ebrahimzadeh in 2019, bought the 15-story 800 Brickell tower for $125.5 million that same year and purchased the Di Vosta Towers in Palm Beach Gardens for $80 million in 2020. In June 2026, Cirrus Real Estate Partners provided a $100.4 million loan to refinance the 220,000-square-foot Di Vosta Towers property.
The SEC's proposed rule would amend the Investment Advisers Act of 1940 and the Investment Company Act of 1940, modernizing the performance fee framework and allowing retail exposure to private markets through registered funds, according to the SEC's rulemaking notice. Further details were not included in the notice.
Investment advisers are currently limited to charging performance fees to so-called qualified clients, according to Thoreau Bartmann, partner at K&L Gates and former attorney in the SEC's investment management division. The SEC's proposed rule would allow performance fees to be charged to a wider set of clients.
Once the White House Office of Management and Budget completes its review of the SEC measure, the current three-member commission is expected to release a proposal for public comment. The SEC will then incorporate that input into a final version of the rule, which must be voted on by the commission again, according to the article.
Investments offered privately provide fewer disclosures than those in public markets, which can make them harder to value and exposes investors to more risks, according to groups like Better Markets, as cited in the article.
SEC Chairman Paul Atkins has repeatedly bristled against such restrictions, saying fast-growing companies that attract capital in private markets remain unavailable to most investors. Atkins said at an SEC event in March that broadening access to private markets is about 'freedom and fairness.'
According to Addepar's Q2 2026 data covering more than 650 family offices and close to $1.4 trillion, the average portfolio was 54% in public markets and 46% in alternatives. Within public markets, equities led at 37%, followed by cash at 9.1% and fixed income at 8.2%. Within alternatives, private companies were the largest holding at 15%, ahead of real estate at 7.5% and hedge funds at 7%.
Addepar's Q2 2026 data showed cash at 9.1% of the average portfolio against 8.2% in fixed income. According to the source, inflation stayed stubborn, the Federal Reserve held rates, and the market began pricing a high probability of a rate increase before year-end. The gap between two-year and ten-year Treasury yields narrowed to roughly 21 basis points, some 15 below its ten-year average, making the extra wait for long-duration bonds unrewarded.
According to Addepar, real estate returned 3.4% over the trailing twelve months to 31 March 2026, the weakest result among the private fund categories tracked. Over the same period, 16% of real estate funds were marked down, which Addepar noted was well above the historical average. Real estate represented 7.5% of the average family office portfolio as of 30 June 2026.
Addepar's Q2 2026 data showed the alternatives share fell by nearly 3 points over the quarter, driven by markdowns in private capital, strong public equity performance and new money moving into shares. The source notes that some of this shift is arithmetic rather than intention, since public and private holdings are repriced at very different speeds, but describes the direction as clear: portfolios are becoming more liquid.
According to Addepar, real assets led private fund returns over the trailing twelve months with a median of 9.1%, driven by demand for data centres and power grid capacity. The source described data centres and power capacity as the physical infrastructure of the technology build-out. Private credit followed at 7.6%, with the source attributing its performance to elevated rates sustaining high yields.
According to a Morgan Stanley Private Wealth Management and Campden Wealth survey of 87 ultra-high-net-worth individuals under 40, 68% expect to continue working even after they inherit significant wealth. Additionally, 81% of the wealthy next generation — irrespective of age — believe it is extremely or very important to have a successful career.
The Morgan Stanley Private Wealth Management and Campden Wealth survey found that only 11% of millennials say they are willing to undertake substantial risk for the possibility of substantial gain, compared with 33% among inheritors aged 30-40, making millennials the most risk averse among next-generation wealthy respondents.
According to the Morgan Stanley Private Wealth Management and Campden Wealth survey, 64% of respondents believe their values are highly aligned with those of their parents, 95% say they recognize what is important to their families, and only 6% said they have belief systems that differ significantly from their parents.
The Morgan Stanley Private Wealth Management and Campden Wealth survey found that 82% of next-generation wealthy want more in-person engagement with their financial advisors, 74% want to do more business via phone, and only 15% want more social media interaction. Just 5% want more communication via internet video or Skype.
According to the Morgan Stanley Private Wealth Management and Campden Wealth survey, 58% of millennials view their wealth as a vehicle to help the community, compared with 38% of older inheritors, and 63% view themselves as stewards of their wealth for future generations, compared with 46% of older siblings.
According to Altrata's Residential Real Estate 2025 report, New York leads all global cities by UHNW residential footprint, with more than 33,200 individuals worth $30 million or more owning primary or secondary homes there. Los Angeles and Hong Kong follow in second and third place, each with a footprint approaching 20,000.
Altrata's Residential Real Estate 2025 report found London is by far the most popular location outside the U.S. for ultra-wealthy second-home owners, with 59% of its top-10 UHNW city footprint composed of secondary-home owners. London is followed by Beijing, Hong Kong, Singapore, and Geneva.
Altrata's Residential Real Estate 2025 report found Monaco has the highest density of ultra-wealthy residents and second-homers in the world, with one UHNW individual for every 22 residents.
Altrata's Residential Real Estate 2025 report identified Lisbon and Abu Dhabi as emerging hotspots for UHNW residential interest, while Aspen was described as ever popular among the wealthy elite.
According to Knight Frank's Wealth Report 2026, direct real estate accounts for 22.5% of the typical family office portfolio. Additionally, 44% of family offices surveyed intend to increase that allocation over the next 18 months.
According to Knight Frank's Wealth Report 2026, HNWIs and family offices poured USD 464 billion into global commercial real estate in 2025, outpacing institutional investors who deployed USD 347 billion. This marked the fifth consecutive year private investors outpaced institutional capital.
According to Knight Frank's Wealth Report 2026, family offices target an average unleveraged return of 13.8% on real estate. The report identifies capital growth (42%), preservation (23%), and income (19%) as the priority objectives driving those return targets.
Knight Frank's Wealth Report 2026 identifies living (residential-for-rent and senior housing), logistics, and luxury residential as the sectors drawing the most demand. Commercial allocations concentrate in gateway cities including Paris, London, Tokyo, Sydney, and Hong Kong, while Dubai, Tokyo, Miami, and Mumbai posted strong gains in prime residential prices.
Knight Frank estimates roughly 10,000 family office entities now operate globally, according to the Wealth Report 2026. Knight Frank describes many of these entities as sophisticated investment platforms that recruit in-house real estate specialists and co-invest alongside private equity.
According to the SEC, the 38 entities filed false Form ADVs between 2025 and 2026 listing Colorado addresses where they had no presence, providing phone numbers that were disconnected or belonged to unrelated businesses, and claiming audits by accounting firms that do not appear in any public registry. Some then used those filings to market services on websites and to potential clients.
The SEC Enforcement Division's Cyber and Emerging Technologies Unit, led by chief Laura D'Allaird, brought the action. The complaints charge the defendants with violating Sections 204(a) and 207 of the Investment Advisers Act of 1940, according to the SEC.
The SEC worked with the FBI's Operation Level Up, which the source describes as aimed at identifying victims of rising cases of investment scams.
Court filings name firms including Summit Breeze Haven Exchange Ltd., Ironclad Trading Institute LLC, and Wingspan Advisors LLC, according to the source.
The SEC's Office of Investor Education and Assistance issued an investor alert warning that scammers are using SEC-exempt reporting adviser filings to create a false impression of legitimacy, according to the source.
According to Af Malhotra, Founder and CEO of ReN, the platform analyzes filings, disclosures and earnings call transcripts to surface inconsistencies, anomalies and changing risk signals that traditional analysis misses. Malhotra said the goal is to move investment teams from backward-looking performance data toward forward-looking risk intelligence.
Af Malhotra said domain-specialized language models may be better suited for high-stakes financial decisions. The source does not provide additional detail on the specific technical distinctions ReN draws between domain-specialized and general-purpose models.
Af Malhotra said analysts still spend enormous amounts of time gathering filings, reading disclosures, comparing earnings calls and reconciling information across disconnected systems. ReN's platform aims to automate identification of inconsistencies and anomalies across those sources that traditional, backward-looking portfolio analysis can miss.
Af Malhotra held leadership roles at global companies including Amstrad, Fujitsu and most recently Gartner, according to his biography. He holds graduate and post-graduate degrees from Goldsmiths College University of London, Kingston Business School and Harvard Business School Executive Education, and is a guest lecturer at London Business School and Queen Mary's University of London.
Af Malhotra discussed on The WealthStack Podcast how automation and agentic AI could reshape the future of investment research and advisor workflows. The source identifies this as a topic of discussion but does not provide specific forecasts or timelines beyond framing it as a forward-looking area of development for ReN.
J.P. Morgan Private Bank's 2026 Global Family Office Report found that geopolitics is the top risk ranked first globally, cited by 20% of respondents. U.S. family offices ranked interest rates first at 64%, followed by inflation and economic growth both at 61%. Internationally, 74% of family offices ranked geopolitics in their top five risks.
J.P. Morgan Private Bank's 2026 Global Family Office Report reflects perspectives from 333 family offices across 30 countries, surveyed between May 2025 and July 2025. The collective net worth represented by all respondents was $518 billion, and the reported average net worth of participants was $1.6 billion.
According to J.P. Morgan Private Bank's 2026 Global Family Office Report, 59% of surveyed single family offices are located in the United States, 16% in Latin America, 14% in Europe, Middle East and Africa, and 11% in Asia Pacific.
J.P. Morgan Private Bank's 2026 Global Family Office Report shows that within private investments, private equity accounts for 9.8%, control-oriented private investments for 6.1%, real estate for 7.4%, growth equity and venture capital for 3.3%, private credit for 2.4%, secondaries for 1.1%, and infrastructure, transportation and other real assets for 0.7%.
HWS Real Estate and Asset Management, the family office of the German Schommartz family, acquired the IntercityHotel Kiel, a three-star, 124-room property in the port city of Kiel in northern Germany, according to the HVS Europe Hotel Transactions Bulletin for the week ending 21 August 2026.
The HVS Europe Hotel Transactions Bulletin states that the acquisition fits within the Schommartz family office's broader strategy of building a diversified hotel portfolio across key German cities. The bulletin also notes that taking control of an established branded property positions the family office to benefit from stable cash flows and potential upside from operational improvements and market growth.
According to the HVS Europe Hotel Transactions Bulletin for the week ending 21 August 2026, the Schommartz family office acquisition of the IntercityHotel Kiel highlights sustained ultra-high-net-worth and family office appetite for direct hotel investments in Europe, even as institutional investors focus more on core urban and resort assets.
The HVS Europe Hotel Transactions Bulletin describes the IntercityHotel Kiel as a midscale urban hotel serving both corporate and leisure demand in the port city of Kiel.
Brennan Investment Group sold the Rowe Furniture Distribution Center in Elliston, Virginia for $32 million on August 21, 2026. The buyer was Manakin Holdings, a private Virginia family office. Cushman & Wakefield | Thalhimer's Capital Markets Group represented Brennan Investment Group in the transaction.
The Rowe Furniture Distribution Center totals 378,720 square feet and is a Class A facility located just off Interstate 81 in Elliston, Virginia. The fully air-conditioned warehouse features 29'-35' clear heights, ESFR sprinklers, a cross dock configuration with 36 total loading doors, and abundant auto and trailer parking.
Rowe Furniture has occupied the Elliston, Virginia property for more than 20 years, according to the transaction announcement. The facility serves as Rowe Furniture's sole U.S. distribution center and corporate headquarters.
Bo McKown, Senior Vice President, and Eric Robison of Cushman & Wakefield | Thalhimer's Capital Markets Group represented the seller, Brennan Investment Group. Davis Stoneburner of Thalhimer's Industrial Services Group in Roanoke provided leasing advisory services for the transaction.
Since 2012, Cushman & Wakefield | Thalhimer's Capital Markets Group has completed 473 transactions totaling over $6.7 billion and over 70 million square feet, according to the firm. In 2025, Thalhimer overall completed more than 1,880 transactions with a transactional volume of more than $2.04 billion.
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